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3928 Locklear Way, Atlanta, GA - Open House

Open house today - from 2pm to 4pm.  3928 Locklear Way in the Lockridge Forest subdivision off of Winter’s Chapel.  Great neighborhood with great swim and tennis.   Home has been well maintained and has an amazing sun room and yard.  Virtual Tour for home - 3928 Locklear Way.

Decatur Old House Fair

 

Decatur Old House Fair - Is for you if you have an old house and want to ideas, insight and advice from the pros.   There are hands on sessions as well as speakers including how a Historic Wood Window Restoration workshop, Greening your old house, and much more.   For more information visit the Decatur Old House Fair site for directions and ticket information.  

March 6, 2010  - from 9 am to 5pm at the Holiday Inn on Clairemont Ave.

P.A.L.S 20th Anniversary Bingo - Tonight!

Tonight P.A.L.S is celebrating their 20th anniversary with a Bingo fundraiser!  P.A.L.S is an Atlanta based Non-profit organization that loves animals.   It helps folks with critical illnesses, disabilities and the elderly keep their pets.  Love it!

 Fundraiser is at the Jungle.  Doors open at 6:00pm and the first Bingo numbers will be called at 7:45pm.   $20 to play Bingo ($5 donation to go), cash bar & food bar.  There are group packages available too.  GREAT CAUSE!  Want more details - P.A.L.S 20th Anniversary Bingo.

Great Homes For Sale - Buckhead & Lockridge Forest

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

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

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%

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