Monthly Archives: October 2009

So How are you Doing Athens?

From year over year we see differences in our housing market.  There are many different areas of analysis to look at such as months supply of inventory, days on market, new listings, and pending sales to name a few.  What … Continue reading

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Senate on Board with Housing Credit Extension and Expansion

From the Senate Banking Committee Chair we are now hearing that Senate Democrats have agreed to extend the first-time home buyer tax credit set to expire on December 1, 2009. The latest variation extends the tax credit to homes “under … Continue reading

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Walkability of Cities and Higher Values Correlate

By Selma Lewis, Research Economist In the report, “Walking the Walk: How Walkability Raises Housing Values in U.S. Cities” by Joseph Cortright, the authors analyzed data from 94,000 real estate transactions in 15 major markets provided by ZipRealty and found … Continue reading

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Monthly Mortgage Payments and Affordability

By Sophia Stuart, Research Economist Affordability measures typically use the prevailing 30-year fixed mortgage interest rate and assume a 10 percent downpayment to translate home prices into monthly payments. Under these assumptions, real monthly payments on a median priced house … Continue reading

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To Open House or “Not,” That is the Question in 2009 Housing Market

Okay, okay I know that the HGTV shows all show Realtor open houses.  I get email from my associates all the time where a mock “Street of Dreams” is constructed and a floating meal between listings is done.  ”Realtors come … Continue reading

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Homes for Sale Athens GA; Best Deal if there was one!!

Okay, I can’t speak loudly enough, that if you want a deal and have been looking for homes for sale in Athens, GA, this one would be it.  Of all the houses for sale in Athens, GA this 4 bedroom … Continue reading

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Existing Home Sales in September

Sales surged in September. Existing home sales (single-family plus condos and coops) increased 9.4 percent in September to a seasonally adjusted annual rate of 5.57 million units from a 5.09 million unit pace in August (revised down from 5.10 reported … Continue reading

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Areas of Athens in a “Seller’s” Market, Well almost a “Balanced” Market at least

Still looking for that reason to view the cup half full?  Me too.  Although I do see some sales scattered about, I have found that you have to look closely at price points, zip codes, and other to determine how … Continue reading

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2009 Athens Ga Christmas Parade Info

You remember how it was when you were a kid and there seemed a lot of truth behind the comment “slow as Christmas?”  As I get older it seems like the weeks just keep flying by and all of a … Continue reading

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Current Market Inventory in the Greater Athens area

According to Georgia MLS, October 20, 2009 we find the current housing supply within a 10 mile perimeter around Athens, GA; Property Type: Single Family Residences Closed Transactions Over: 12 Months 6 Months 3 Months Number of Closed Transactions: 736 … Continue reading

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What are Athens Home Shoppers Looking For by KeyWord

Last seven (7) Days; Leading Keywords or Keyword Phrases www.AthensGAProperties.com Eco Living Athens Ga Mallard Lakes Subdivision Oconee Green Living Athens GA GAMLS Zillow vs. Cyberhomes Non married coborrower first time homebuyer fha loans no credit athens realty cedar creek … Continue reading

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Considering a Condo Purchase in Athens, GA?

If you are browsing condominiums in Athens the number one question you need to ask, right after determining “location,” is regarding the general health, welfare, and overall harmony (or lack thereof) regarding the condo owner’s association. What to look for … Continue reading

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Interest Rates Fall Remain at Lows

According to Freddie Mac, 30-year-fixed-rate mortgage average fell further to 4.87 percent with an average 0.7 point for the week ending Oct. 8 from 4.94 percent last week. “Such low rates are spurring mortgage demand,” said Frank Nothaft, Freddie Mac … Continue reading

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Top Foreclosure Cities according to Trulia, Athens still looks strong…

Top Foreclosure Cities Las Vegas, NV (39,644) Phoenix, AZ (19,459) Los Angeles, CA (14,493) Chicago, IL (12,734) Miami, FL (11,742) Sacramento, CA (10,073) San Diego, CA (9,472) North Las Vegas, NV (9,201) Bakersfield, CA (7,983) San Jose, CA (7,248) Orlando, … Continue reading

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1160 Creek Shore Drive Birchmore Hills; Now using Video on this Athens Home for Sale

“MLS#912451;NEW Video on YouTube located at http://www.youtube.com/watch?v=u7B_T4cueiY! Includes floor plan of the property to help buyers navigate through the household!  Please view at your convenience as I know you will be impressed and thank you for your time.   1160 Creekshore … Continue reading

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