Monthly Archives: December 2009

Realtor Compensation

By Sophia Stuart, Research Economist Most agents, 81 percent, are paid by the sellers in full, while only a small share of agents, 4 percent, are paid by the buyers. Three-quarters of sellers pay the agent’s fees as a percent … Continue reading

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Did You Know: Characteristics of Internet Searchers

By T.J. Doyle, Research Marketing and Communications Manager There are some socio-demographic differences between buyers who rely on the Internet in their home search and those who do not. Since younger home buyers generally make greater use of online resources, … Continue reading

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Did You Know: The First-Time Home Buyer

By Jed Smith, Managing Director, Quantitative Research As the data come in as part of the Realtors® Confidence Index survey we can increasingly see the impact of the first-time home buyer tax credit. NAR has tracked first-time buyers as a … Continue reading

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“Interest Rates aren’t going Up anytime soon!”

“Interest rates aren’t going up.”  I heard this comment recently. If you are waiting on mortgage rates which have recently floated back up in the low 5′s to head back down to the 4′s again before jumping on that new … Continue reading

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While I was away from my blog..Another Big Gain in Existing-Home

Over the Christmas Holidays I didn’t find any time to blog.  One must have his priorities you know and shopping for the kids, eating, showing property, eating, and putting in Buyer offers on foreclosures consumed me. While I was away … Continue reading

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A “Jumbo” Foreclosure Problem

Property owners with mortgages in excess of $1 million are getting hit pretty hard now-a-days. According to research firm First American CoreLogic, “More than 12 percent of mortgages exceeding $1 million were 90 days or more past due in September, … Continue reading

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New Accolades about Athens, GA from the Beast!

The Daily Beast has named Athens one of the Top Smartest College Towns in the United States in a recent column posted on December 13, 2009.  What’s more news was that right after Washington and Lee and George Washington University … Continue reading

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What Remodeling Projects offer Largest Return on Investment?

The NAR reports that the best home improvement projects may also be some of the least expensive for 2009! This year forget the kitchen and bath projects, according to the 2009 Remodeling Cost vs. Value Report, focus on small-scale exterior … Continue reading

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Current Trends Between Foreclosures and Short Sales

By Jed Smith, Managing Director, Quantitative Research The Realtors® Confidence Index Survey estimates distressed property sales (foreclosures and short sales) on a monthly basis at the national level. The Survey is based on responses from approximately 1,500 Realtors® to an … Continue reading

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Short Sales becoming Easier

According to a recent account, short sales (those homes listed for sale in which with a lender approval the seller may take less than debt on the property) account for roughly 10 percent of 2009 overall sales nationwide. There are … Continue reading

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Questions and Answers on the Home Buyer Tax Credit 2008-2010

Some Great Q&A from the IRS on the First Time Home Buyer and Extended Home Buyer Tax Credits; for more info from the IRS Q. I plan to build a home and occupy it in 2009 or early 2010. Can I … Continue reading

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An Athens GA “Best Deal” Just Got Better; Now a Short Sale

Back on October 27, 2009, I wrote about how a given listing of mine was a great deal.  Well now I really can’t speak loudly enough, that if you want a deal and have been looking for homes for sale … Continue reading

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More Top Searches since Nov 2009 from Google

Top Searches using search term “real estate” via Google Insights (Nov 2009-Dec 2009) 1. commercial real estate 2. real estate listings 3. atlanta real estate 4. real estate license 5. prudential real estate 6. florida real estate 7. coldwell banker … Continue reading

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Top Keyword Search over Past Week

Well Christmas parades have come and gone and now it seems most are again concerned with either finding foreclosures, looking up tax credits information, how to rent property in Athens, and home buying in general again.  Top 15 or so … Continue reading

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How to Analyze Home Values

By Selma Lewis, Research Economist _______________________________________________________ The exhibit below shows the top five characteristics by eight categories used by academics when analyzing home values. The exhibit shows the total number of times a characteristic has been used in the studies … Continue reading

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