Monthly Archives: June 2009

A Jumbo Problem…in Housing

Posted on June 29, 2009 by

The jumbo mortgage market has been severely restricted, with soaring interest rates and limited availability, and these problems are affecting the entire housing market. According to insights from NAR research, sales of homes priced above $750,000 have stalled and inventory … Continue reading →

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Top 20 Real Estate Websites

Posted on June 27, 2009 by

The following report shows websites for the industry ‘Business and Finance – Real Estate‘, ranked by Visits for the weekending 06/20/2009. Rank Website Visits 1. Realtor.com 7.44% 2. Yahoo! Real Estate 3.98% 3. Zillow 3.26% 4. ZipRealty 2.88% 5. Trulia.com 2.12% 6. Rent.com 1.95% … Continue reading →

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Athens GA Properties, Social Vibe, Children’s Miracle Network and You!

Posted on June 26, 2009 by

Children’s Miracle Network is in the business of creating miracles! Children’s Miracle Network is a non-profit that raises funds for more than 170 children’s hospitals. From countless individuals, organizations, and media partners team with Children’s Miracle Network hospitals to help … Continue reading →

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New Rankings and Accolades in the Media for Athens, GA

Posted on June 24, 2009 by

Thought you might enjoy a “Walking Tour” of Kiplinger’s 2009 Best Cities List; Athens, GA  #5 More accolades in this time of high unemployment towards Athens, GA as Forbes recognizes Athens as being a Top College Town for Jobs. Finally, … Continue reading →

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Home Sales are Up for Two Consecutive Months

Posted on June 23, 2009 by

According to Inman News, housing inventory levels fell from April to May (down to 9.6 months) across the nation.  Most people in the industry consider four to six-months supply of homes a good balance between supply and demand.Sales of existing … Continue reading →

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After Weeks on the Rise, Mortgage Rates Finally Drop reports Zillow

Posted on June 23, 2009 by

Zillow reports that the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.58 percent, down from 5.72 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by … Continue reading →

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Possible Expansion of First Time Home Buyer Tax Credit

Posted on June 22, 2009 by

At my link to the NewsVine I just posted a seed to a link from U.S. News and World Report entitled, Will the $8,000 First-Time Home Buyer Tax Credit Expand to $15,000?.  Johnny Isakson is at it again.  Last February … Continue reading →

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Appraisal Nightmares Anyone?

Posted on June 22, 2009 by

A general dissatisfaction regarding appraisals is seen across the landscape in America through the myriads of seething Real Estate agents, closing attorneys, and mortgage consultants. Minimal appraisals, often by a non-local appraiser, are killing contracts at the last moment. Due … Continue reading →

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Summer In Athens, GA; What’s Selling

Posted on June 22, 2009 by

Could you tell?  Summer officially started yesterday.  Summer “selling season” has been in full bloom for the past month.  What’s moving out there?  Well over the past four weeks (through June 22nd) homes in the $200,000-$249,999 price range have been … Continue reading →

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Sold my House in Athens, GA FSBO

Posted on June 21, 2009 by

This was a proud seller “friend” of mine who spouted the statement that has now become my title.  Not only was he overheard saying this once, but every Sunday when I saw him in Sunday School.  Not only that, but … Continue reading →

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Mortgage Rates Drop this Week

Posted on June 19, 2009 by

According to Freddie Mac, the 30-year fixed-rate mortgage averaged 5.38 percent for the week ending June 18, 2009, down from last week when it averaged 5.59 percent. This is still a far cry from last year when the 30-year fixed … Continue reading →

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Winder, GA Real Estate Market Trends

Posted on June 18, 2009 by

According to Trulia.com, “The median sales price for homes in Winder GA for Mar 09 to May 09 was $121,000. This represents an increase of 0.7%, or $846, compared to the prior quarter and a decrease of 1.1% compared to … Continue reading →

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Bogart, GA Market Trends and Real Estate for Sale

Posted on June 16, 2009 by

It is funny to me when I read these figures, but little Bogart the small town place of my youth, GA has become “the place to live” around Athens.  One of our highest priced zip codes in Oconee County, GA, … Continue reading →

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Lake Hartwell, Maps, Information, and Real Estate

Posted on June 14, 2009 by

It is no surprise to those of us who have been watching the water levels at area lakes rise back to near full pond, but there is a renewed interest in lakefront real estate.  Lake Hartwell is looking as sporty … Continue reading →

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Athens, GA Real Estate Agents

Posted on June 11, 2009 by

Find and compare Athens, GA Realtors through Zillow.com’s Professional Directory.  Zillow.com is one of the largest real estate Web sites in the U.S., routinely in the Top 3 Web sites in terms of traffic each month,  and is a premier … Continue reading →

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