Paint it Black!

by Tisha Gay How do you like this black house in Germany? Do you find it spooky or classy? Could black be the new “it” color when it comes to choosing home exterior color? Probably not. This black house in Mohringen, Germany is actually an art installation! The house had been scheduled for demolition, and the artist wanted to do a tribute to the house before it was bulldozed. Guess what they put up in its place once it was demolished – an art...

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Everything You Read on the Internet Isn’t True!

by Glen Curry In a recent report from InsuranceQuotes.com, Georgia homeowners only pay an average of 6 percent more for their homeowner’s insurance after making one claim. That puts Georgia among 18 states that are below the national average of 9 percent. While on the surface this seems like a big relief, tread lightly down the path of filing claims. First of all, I recommend carrying higher deductibles on your policy to discourage turning in...

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Interest Rates – One Size DOES NOT Fit All

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...

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Lower Inventory Levels Sell Homes Quicker

Low inventory levels are bringing a faster turnaround for today’s sellers. From 1987 through 2011, analysis of the NAR Profile of Home Buyers and Sellers series showed the typical time on market was 6.9 weeks, while the existing-home sales series showed an average supply of 7.0 months, just above the high end for a balanced market. Today’s median time for a home to remain on the market is 69 days (July 2012). This is down nearly 30...

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Take Advantage of a Hot Housing Market!

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...

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