Latest Blog Posts

Great Homes For Sale - Buckhead & Lockridge Forest

January 22, 2010 · Leave a Comment 

Two great listings - just had price reductions!   Lockridge Forest home is now $239,900!   Peachtree Dunwoody Home in Buckhead is now $485,000!    

There is still time to buy home and take advantage of the tax credits for buyers!  Home Buying  Tax Credits end April 2010.

Pending Home Sales Index Drops in November 2009

January 11, 2010 · Leave a Comment 

The NAR announced on 1.5.2010 that the pending home sales index fell in November 2009 from previous month but remains above last year’s numbers.   In October 2009 the pending sales index (forward looking indicator based on contracts signed for the month) was 114.3%.  November 2009 saw the number falling 16% to 96%.  Nov 2009 - 96% is still higher than Nov 2008’s 83.1%.

The October 2009 surge benefited from the last push for the first time buyer tax credit.  With the extension of the first time buyers tax credit and the addition of the buying tax credit for other qualifying buyers and the low interest rates - we will hopefully see a surge in 2010’s number.

Existing Sales - November 2009

January 11, 2010 · Leave a Comment 

South is definitely seeing some improvement and movement in the market.  While we will have to wait a few more weeks for the December 2009 numbers - what will be more important is the cumulative numbers for the year 2009.The following information is provided by NAR in their November 2009 update.  Data was released at the end of December.   The data is for resales.

Regional Sales by Price

Existing Single Family Homes
November 2009
% Change in Sales from 1 Year Ago
Region $0-100K $100-250K $250-500K $500-750K $750K-1M $1M+
Northeast 29.1% 75.3% 50.5% 31.7% 9.4% 30.2%
Midwest 44.0% 70.0% 47.6% 29.9% 10.7% -13.1%
South 24.5% 53.6% 37.9% 55.2% 60.6% 28.4%
West 28.9% 46.8% 24.3% 35.9% 58.2% 64.2%
U.S. 32.4% 60.0% 38.8% 38.2% 40.7% 39.0%
Sales Distribution
Region $0-100K $100-250K $250-500K $500-750K $750-1M $1M+
U.S. 20.8% 49.8% 22.1% 5.0% 1.2% 1.1%
             
             

Recent Properties

3859 Peachtree Dunwoody Rd - NEW LISTING

NEW Listing - 3859 Peachtree Dunwoody - in Buckhead.  Renovated and ready for move-in!  Home is listed for $499,000  $485,000 and is an amazing value.  Open floor plan with 4 beds, 3.5 baths - plus office/sundroom or 5th bedroom & basement den.  Home has new baths & new kitchen - including stained wood cabinets, granite counter tops, tile back splash& stainless steel appliances. ... [Read more about this property]

7020 Foxberry Lane - Roswell

                        SOLD!!!! Great new listing in Roswell!  $239,900 - 3 bedrooms/2.5 baths.  GORGEOUS newly installed cherry hardwood floors, Travertine tiles & Berber carpet.  This house has been painted inside and out and is move-in ready!  Click here for virtual tour.  Read More →

Kirkwood Bungalow - For Sale

KIRKWOOD  -SOLD in 21 DAYS!!!!!    327 Sisson Avenue - $209,000.  All Brick bungalow with great floorplan - 2 beds/1 bath.   Hardwoods throughout - smooth ceilings & crown molding.  Permanent stairs to the attic - great for storage or finish for me space.  Home is in great condition and move in ready!  Click here for the virtual tour.  Read More →