by Dexter Dix The recovery of the real estate market has contributed to a significant number of properties appraising for more than the sales price. There can be unintended consequences accompanied with these higher appraisals. The amount in excess of the sales price can have varied impacts on the transaction.   There are times when the property appraises for $2K-$3K above sales price and it seldom causes much concern in the transaction....

by Tisha Gay Here are some more amazing buildings from around the world:     Haewoojae (Toilet House) – Suwant, South Korea.   The late mayor of Suwon, South Korea, Sim Jae-Duck, built this toilet-shaped, two-story home to mark the 2007 inaugural meeting of the World Toilet Association. It is now a toilet museum. The 4,520-square-foot steel, concrete, and glass structure features a showcase, glass-walled bathroom at it’s center....

The number of homes purchased with a home loan has been dropping steadily since May, according to RealtyTrac. Instead, cash is king for many reasons. As mortgage rates began creeping up, some homebuyers started opting to purchase with all cash. And that trend may continue as new loan requirements become more strict. However, for those buyers who do need to purchase a home with a loan, expect to see some changes in the loan requirements as the...

by Judy Jones “What are the current interest rates?” This is a very common question from real estate agents and buyers. Answering the question of what’s today’s interest rate is as difficult to answer as “What’s the price of a four bedroom home in the Atlanta area?” The answer to both of these questions is, “It depends!”  There are many factors that impact both of these numbers. The price of four bedroom homes in the Atlanta market area ranges...

It’s hard to believe that just four years ago there were more than 100,000 listings in Metro Atlanta.  Now there are fewer than 40,000. What does this mean to the ever-changing housing market? Just remember your basic laws of economics of supply and demand. From our perch here in relocation, we’re seeing a definite surge in demand for homes throughout our market area. The low inventory has become a problem for transferees moving into the...