I am a firm believer that the real estate market is nothing more than supply and demand. When the demand for homes goes down because buyers can not get financing, then the the months supply of homes goes up because less people can purchase the homes on the market. I just checked the Alpharetta
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01/05/2012
Today, Case Shiller, who tracks real estate activity accross the USA, reported a second consecutive month of increase in prices for the 10- and 20-City Composites. I believe the Atlanta market will improve as the US market improves so I am glad to see this. For the Atlanta market to improve the
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07/26/2011
Here is a great quote from the Remax National market report, "Home sales activity appears to be coming back in line with the seasonal trends we would expect to see this time of year," said RE/MAX CEO Margaret Kelly."It's a very good sign that prices are starting to rise on a monthly basis. This m
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06/23/2011
Here are some thoughts on selling a home in todays market: 1. Realize most buyers are looking for great deals - I work with a lot of buyers and most want an outstanding price and in great condition. Even today the banks are replacing carpet and painting the foreclosures - even after doing that
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05/29/2011
Here are reasons I think homes sales will rise as the year continues: 1. Interest rates remain incredibly low. 2. The stock market continues to rise creating more of a feeling of wealth in Buyers 3. The rental market is strong and it is now cheaper to own that that rent by 34% (Per Fortune Mag
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05/22/2011
As I look at the March stats a couple of items jump out at me about this market: 1. In Cumming Ga (Primarily Forsyth County) the Number of Detached Homes Sold in 2011 was 27% more than in March 2010 - this follows a 23% increase in February 2011 compared to 2010. 37% of the March 2011 closes we
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05/05/2011
The cover of Fortune magazine's cover says it all -"Time to Buy Again". It discuss in most markets is now cheaper to own that to rent, and says it is 34% cheper to own than to rent in the Atlanta market. If you have been considering buying a home - now is a great time. Home prices have come do
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04/14/2011
Here is my observation about the Cumming Real Estate Market based on todays showings. This week my buyer emailed me 12 homes she wanted to see this weekend. For Saturday showings I call on Friday to make the appointments - out of the 12 homes 5 went under contract and 1 was taken off the market
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03/26/2011
Can anyone let me know what I need to do to get my photo on the AR leaderboard? I am in 3rd place in my county and have a photo for my blog, but can not figure out how to get a photo up on the leaderboard. Thanks in advance for your help. John Foster, Associate Broker Re/max Greater Atlanta
03/22/2011
Located just off HWY 9 (Atlanta HWY) and Elkins Rd in Roswell is Corporate Woods office complex. This 2 story office Condo has approximately 2,052 sq. ft. for lease for just $1,250 per month. This is an outstanding value so call John Foster with Re/max Greater Atlanta at 770 722-7010 or visit m
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03/21/2011