Monthly Archives: January 2010

Understanding Market Value and Determining a Market Sensitive Pricing for your Athens Home for Sale

Market-sensitive pricing can be the key to maximum market exposure and, ultimately, a satisfactory sale. The existing pool of prospective buyers determines a property’s value, based on: •Location, design, amenities and condition. •Availability of comparable (competing) properties. •Economic conditions that … Continue reading

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Foreclosures in Record Numbers 2009

According to information published by RealtyTrac, the total number of foreclosures reached 2.8 million last year, which was about a 25 percent increase over the previous year and a more double that of 2007. Which states had the highest rate … Continue reading

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News From Fed: It’s Time to start taking those Baby Steps

According to the Federal Reserve, April 1st will be day one in the new Federal Reserve program in which it will “not” be buying up debt securities anymore.  This should allow the markets to operate on their own as God … Continue reading

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A New Year and Rates Down a Tick

Don’t know if you missed it or not, but Freddie Mac released the results of its Primary Mortgage Market Survey® in which it stated that the 30-year fixed-rate mortgage averaged 5.09 percent for the week ending January 7, 2010, down … Continue reading

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Appraisal Issues, Foreclosures, Housing Prices, and Shadow Inventory

“Approximately 25 percent of real estate practitioners say low appraisals have broken up deals, according to the NATIONAL ASSOCIATION OF REALTORS®.” Headlines today that I don’t agree with entirely.  From my experience working and talking with my fellow real estate … Continue reading

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When it Hurts to be a Home Seller…

The hardest part of my job in some markets is to convey to my  Seller client why their home is not getting shown more and why they are not getting any offers.  This is a typical conversation now a days … Continue reading

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