The Easter Bunny will be visiting the Avenue Forsyth this Saturday, April 11, 2009 from 12pm - 4pm. Check ou the Easter Bunny and have your complimentary picture taken. Easter Bunny can be found in the park area near Coldwater Creek store.
Just in case... if inclement weater, you can find the Easter Bunny inside the Barnes & Noble bookstore.
Enjoy!
The Sherry & Maria Team
Keller Williams Realty
Sherry 678-283-1710
Maria 678-548-5513
www.SherryandMaria.com
www.SherryandMariaTeam.com
Fresh Ideas...Fast Results!
According to the National Association of Realtors, Pending sales were up 6.3% in December 2008. With lower interest rates and lower home prices - activity should steadily continue in the Real Estate market and predictions are for an increase in activity this year/2009.
For those of us living in the South - we saw the largest increase in sales, up 13%. Now - that's good news for our Atlanta real estate market.
BUYERS - if you are contemplating making a move this year - now is the best time. Interest rates are still very low. In fact, I have a client who recently locked in at 4.875% - WOW! Not only do you get to take advantage of the low interest rates, but think about the deals out there to be taken advantage of. Make sure you are using a Real Estate Team (SHERRY & MARIA TEAM) to help you negotiate the best deal possible and guide you though the inspection period and any other obstacle you may encounter along the way. Buying a house is not as easy as it appears - lots of Contract jargon you may not understand.
SELLERS - you may not get out of your house what you could have even last year but if you are selling in order to buy, you will more than make it up on the buying side. We work with clients like this quite often and can help make it a win-win for everyone! Contact us for more details...
Feel free to contact us at anytime. We love to talk about Real Estate!
We're here to help when you're ready to make a move.
Welcome Home
The Sherry & Maria Team
Realty Executives
Sherry 678-283-1710
Maria 678-678-5513
www.SherryandMaria.com
www.SherryandMariaTeam.com - NEW!
Fresh Ideas...Fast Results!
Equal housing opportunity. All Realty Executives offices are independently owned and operated.
Market Update - 2008 in Review
Alpharetta, Johns Creek, Milton, Roswell Area Sales:
|
Year |
# Homes Sold |
Average Sale Price |
Average Sell to List Price |
Average Days on Market |
|
|
|
|
|
|
|
2007 |
3362 |
$424,409 |
96.5% |
69 |
|
2008 |
2360 |
$422,290 |
94.4% |
83 |
|
Variance |
30% Decline |
.005% Decline |
2.1% Decline |
20% Increase |
Cumming Area Sales:
|
Year |
# Homes Sold |
Average Sale Price |
Average Sell to List Price |
Average Days on Market |
|
|
|
|
|
|
|
2007 |
3338 |
$335,203 |
96.5% |
97 |
|
2008 |
2330 |
$324,772 |
94.4% |
97 |
|
Variance |
30% Decline |
3% Decline |
2.1% Decline |
Same |
Summary:
· Alpharetta and Cumming stats are surprisingly similar in home sale declines, both in number and average sell to list price ratio
· Both show moderate declines in avg sale price although we know the median sales price has decreased by about 5% in this area. Much of this is due to credit markets tightening and larger/jumbo loans being harder to get, thus more people buying homes $500k and less.
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Have Questions? Know Someone Ready to Move?
Call Us Today!
Welcome Home
The Sherry & Maria Team
Realty Executives of Atlanta
Sherry 678-283-1710
Maria 678-548-5513
www.SherryandMaria.com
www.SherryandMariaTeam.com - NEW!
Fresh Ideas...Fast Results
Source of information - FMLS data.
Each Realty Executives office is independently owned and operated.
Atlanta Ripe for a Rebound in 2009
Well, it's been a rocky 2008 with record foreclosures, stock market declines and recessionary signs surrounding us. Like every economic cycle, this too shall pass. As Forbes and Economists across the country have recently pointed out, the markets with the most robust economies will be the first to show signs of recovery.
Lucky for us, Atlanta is just such a market. We've seen record housing start decreases, as much as 33% this year, but things are leveling off and a recent Forbes article predicts housing start increases as high as 32% for 2009. What does that mean? Home prices are going to increase by 32% next year? No. What that really means is that we've had a significant decrease in new construction this year and we will return to some normalcy next year.
Forbes and several economists predict Atlanta job growth to be around 2% per year for 2009-2012, which will help us reduce some of the current inventory of homes. This allows for a faster recovery than other cities that were either more overbuilt or have seen declines in the job market.
If you're thinking about selling your home and still being able to find a great deal, you may want to consider the above information. The housing market is similar to the stock market. It is tough to know where the bottom is until you are already past it. Buying and selling homes in this market is all relative. If there is too much inventory, you may not get top dollar for your home but you're sure to get a good deal on the next one. People are pricing their homes to sell now. The best values are not always foreclosures. Make sure you're getting expert advice on what to purchase to obtain the most equity- as they say, "you make your money when you buy a house, not when you sell". Buy smart! We've gotten buyers incredible deals now that just may not be there next year...
Welcome Home
Sherry & Maria Team
Realty Executives
Sherry 678-283-1710
Maria 678-548-5513
Fresh Ideas...Fast Results!
North Fulton Community Charities is presently servicing approximately 130 families in need per day. Some families are even having to leave without the items they need.
Since we are in the Holiday Season, this is the perfect opportunity to give to those in need. If you are are watching your finances more closely this year - no worries - you can also volunteer your time... that's free!
Items the North Fulton Community Charities in Roswell, Georgia is in need of are the following:
Dry beans
Rice
Canned meals
Canned fruit
Cereal
peanut butter
jelly
diapers
THEY ARE IN IMMEDIATE NEED OF:
Size 6 diapers - almost completely out
Cereal - one of the first things they run out of often
Peanut butter
Jelly
Sherry & Maria Team
www.SherryandMaria.com
www.SherryandMariaTeam.com
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