Real Estate Blog

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A Bright Spot in the Housing Market - Rental Property. Cash In Now!

Tuesday, September 27th, 2011 at 6:58am. 60 Views, 0 Comments.

Wave after wave of foreclosures have produced a pool of millions of Americans in need of a rental home. Whether you need to rent your exisitng home so that you may upgrade to a home that better suits your needs or you are a potential investor the rental market is hot and should remain so for some to to come. Have a look at the article from Money magazine and consider our property management services! Cashing in on Rental Property!

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Is It Better to Buy or Rent? Try the New York Times rent vs. buy algorithm

Thursday, July 21st, 2011 at 8:51am. 126 Views, 0 Comments.

The New York Times provides this multi-factorial tool that can help you decide whether renting or buying is best for your situation.

 

Try it here.  (You must enter the actual bolg post to use the link)

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June housing starts up 14.6% nationwide!

Thursday, July 21st, 2011 at 8:45am. 117 Views, 0 Comments.

The Commerce Department estimates that June housing starts are at their highest levels in five months. “We have been trying to call the bottom in the home construction sector for quite some time and I think we finally have one,” said Joel Naroff, president of Naroff Economic Advisors.

Read the full article courtesy of MarketWatch.

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A silver lining to the weak economy is low interest rates for buyers!

Monday, July 18th, 2011 at 2:44pm. 91 Views, 0 Comments.

A weak jobs report last week resulted in a drop in mortgage interest rates. The 30-year fixed rate mortgage dropped to 4.51% and the 15-year fixed rate mortgage fell to 3.65% (according to Freddie Macs weekly survey of mortgage rates).

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Roswell Recreation, Parks, Historic and Cultural Affairs Department finalist for prestigous award!

Saturday, July 16th, 2011 at 10:29am. 29 Views, 0 Comments.

Here is an excerpt from the City of Roswell press release"


"Last month, it was announced that the Roswell Recreation, Parks, Historic and Cultural Affairs department was among one of the finalist for the prestigious 2011 National Recreation and Parks Associations (NRPA) Gold Medal Award.

The Gold Medal Award honors communities in the U.S. that demonstrate excellence in parks and recreation through long-range planning, resource management, volunteerism, environmental stewardship, program development, professional development and agency recognition."

 

Full Press Release here.

 

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Are you debating buying vs. renting? Please note that rents are steadily climbing.

Sunday, July 10th, 2011 at 10:55am. 46 Views, 0 Comments.

Events of the recent past (see housing bust and economic downturn) have made buying versus renting a more evenly matched debate. However, with rents steadily climbing and mortgage rates relatively low, the balance is shifting toward the purchase of a home. Year over year, average rents have risen 6.7% says Hotpads.com in their June report. What's more is that Rent.com predicts that rental rates will increase by 3% for 2012 renewals. Let the debate continue on whether to rent or buy but make certain you note the ever changing variables.

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Roswell Certified as a Green Community

Friday, December 11th, 2009 at 8:41am. 412 Views, 0 Comments.

The Atlanta Regional Commission's Green Communities Program, a voluntary program for municipalities in the ten county metropolitan Atlanta area, assists cities with lessening their environmental impact. Points towards certification may earned in several categories:

    * Green Building
    * Energy Efficiency
    * Green Power
    * Water Use Reduction and Efficiency
    * Trees and Greenspace
    * Transportation
    * Recycling and Waste Reduction
    * Land Use
    * Education
    * Innovation

A given policy or practice is worth 5 or 10 points, depending on their difficulty of implementation and overall magnitude of environmental impact. Three levels of certification are awarded:

  • Level 1 - Bronze: 175 – 224 points
  • Level 2 - Silver: 225 – 274 points…

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First-time and repeat home buyers may reap the benefits of tax credits through April 30, 2010

Wednesday, November 11th, 2009 at 9:05am. 357 Views, 0 Comments.

The Worker, Homeownership, and Business Assistance Act of 2009 extends the $8,000 tax credit for first-time home buyers (with increased income limits) and provides a $6,500 tax credit to repeat home buyers. These tax credits will be available for purchases through April 30, 2010. Look at the fact sheet provided by the NAHB for details and to determine if you qualify here.

 

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Is an Extension on the Way for the Home Buyer Tax Credit?

Friday, October 23rd, 2009 at 9:21am. 372 Views, 0 Comments.

There is quite the buzz in Washington regarding the Home Buyer Tax Credit which is due to expire on November 1st of this year. Many sources estimate at least twenty different bills are floating around Washington with language related to the extension of the popular tax credit.

A proposal by Senator Johnny Isakson has probably garned the most attention. Citing the urgency of continuing to build on recent economic momentum Isakson further states:

“During my 33-year career in real estate, I experienced many challenges and difficult markets, but never anything like the current housing market in America. America’s families have lost trillions of dollars in home equity as home values have fallen, and in some markets, continue to fall today,” Isakson said.…

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Atlanta-Sandy Springs-Marietta Metro is Number 1 in Forbes "America's Recession-Proof Cities To Retire In"

Wednesday, October 21st, 2009 at 5:32am. 118 Views, 0 Comments.

Forbes magazine recently compiled a list of the best places to retire based upon factors including: sunny days, cost of living, income of seniors, job growth forecast, and stability ofthe housing market.

"Atlanta is the financial and industrial center of the South," says Eduardo Martinez, senior economist at Moody's Economy.com. "With companies like Delta and Home Depot, it's home to more and more international business."

The full article may be viewed here. 

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