Kristy Petrillo's (georgiamountains) Blog

Real Estate Agent - Re/Max Town & Country
The Fed dropped the Federal funds rate today by 3/4 of a percent, from 4.25% to 3.5%. That's a huge drop.  And there may be further/smaller drops to come.I know it will take a couple of weeks for the mortgage industry to see the interest rate reductions, but I'm sure hoping that this will "nudge"...
After seeing the slowest months in my real estate career for the months of November and December, things have really started moving since January 1st. In Fannin County 24 Properties have gone under contract and in Gilmer County 21, more than doubling from the month before. This may be due to some...