Some in the media are coining the phrase “Great Recession” to describe what we have all been struggling through over the past couple of years.
There is good that comes with the bad however and one piece of good news is the increasing affordability of housing.
According to a report from the (NAHB) National Association of Home Builders and Wells Fargo, the typical U.S. family that earned the nation’s median income of slightly more than $60,000 per year could afford to buy over 70 percent of all homes sold in the United States during the third quarter of 2009. The report relied on typical loan guidelines of spending no more than 28 percent on housing. In comparison, during the same quarter of 2008, only a little more than 55 percent qualified.
www.AthensGaHomesForSale.com
About hankbailey
Member of the Athens Area Association of REALTORS®, Georgia Association of REALTORS®, and the National Association of REALTORS®. I grew up in Athens and graduated from UGA with a BBA from the Terry College. I serve as a Residential Real Estate Listing and Buyer Services through Prudential Georgia, one of the largest real estate companies in the State of Georgia. Working with first time home buyers, step-up buyers, and Relocations in Jackson, Barrow, Oconee, and Athens-Clarke Counties.
http://www.AdvancedPropertyMarketing.com (this is our listing methodology)
http://www.GetJobLossProtection.com (this is an overview of our job loss program)
• Adept at understanding mortgage financing issues, products, and terminology.
• Technical expertise in internet marketing.
• Excellence in establishing trust with clients.
Represents Prudential Georgia Property Management in the acquisition and marketing of properties for lease in the Greater Athens area.
Personal website; www.athensgahomesforsale.com
Member of GA MLS
Member of FMLS
Member Georgia Association of REALTORS®
Member of Athens Association of REALTORS®
Member of the National Association of REALTORS®
Member of the UGA Alumni Association
