September 2009

Low Interest Rates Still Available

WOW – interest rates are still low.  It is a great to buy!   

Interest rates from SunTrust Bank:

30 year fixed Conventional 4.75%
FHA/VA 4.75%
Jumbo 6.125%

5/1 ARM Conventional 3.375%
FHA 3.375%
Jumbo 4.5%

And if you are a first time buyer (or haven’t owned in 3 years) you still have time to take advantage of the $8000 tax credit!  

Economists Predict Atlanta as Place for Home Prices to Increase!

Moody’s economists report to Forbes.com the recovery of the real estate market.   Some analysts are predicting the National market to hit bottom by mid 2010.   Predictions indicate that from 2009 to 2014 – an 11.35% increase in prices.  Good news indeed!   It is a great time to buy with LOW interest rates and LOW prices.

Here is the full Forbes.com article.

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.

Housing Construction Starts – 9 Month High!

Here are the details in the NY TIMES .