And Sales Continue to Rise. I’ve been mentioning now for a while that inventory levels, year-over-year, have been on the decline. That, coupled with the YoY increase in units sold, add up to positive news for the real estate market in North Fulton, Forsyth and East Cobb. In the first chart you will see Inventory…

Most home buyers fall into one of two groups when it comes to homes with pools. You either 1) absolutely have to have one or 2) you could take it or leave it. Yes, there are a small number of people out there who specifically don’t want pools, but their numbers are very small. We…

A Market Of Ready, Willing & Able Renters The size of the rental market has been increasing recently and will continue to do so. With a greater number of people who have lost their homes to foreclosure or short sales, more people need to rent and are looking to rent something comfortable for their family,…

At least not here in Atlanta….. I know you might not be feeling it right now and I can speak for a lot of Realtors out there when I say it’s a challenging market. Sometimes people look at me a little funny when I say things are getting better, so rather that write out a…

…..or do we even know? Fannie Mae reported that serious delinquencies fell for the fifth straight month in July (for single-family mortgages). This indicates that housing troubles are easing and the economy is slowly beginning to mend. Loans that constitute a serious delinquency are 90-days late. That rate dropped from 4.99% in June to 4.82%…

It doesn’t sound like it makes sense, right? How can things get better but spell trouble for home sellers? Or maybe you’re reading this and asking "How can you even say they are getting better?". Before I get into any potential problems, let me start with the point about things getting better. Things are trending…

$17,000,000 The price reduction on the47,000 sq. ft. Le Reve Estate in Cumming, GA. Reduced from $45,000,000 to $28,000,000.

Vickery, South Forsyth – Here’s the deal, and you hear it only here.  The economy is cinching the rope around builder’s necks.  I know an incredibly well respected builder who has built literally hundreds of million dollar homes in the North Atlanta suburbs and not to sound like a car advertisement, says:  "Everything Must Go."…

Forsyth - Of all the posts I’ve written, this post last October about a house auction in Annapolis has made my phone ring more than any.  It never ceases to amaze me when I see that Maryland area code come across my caller id … I know what the call is for sure. To date they have…

CUMMING – A lot of people – mostly notably those getting foreclosed on – might think that foreclosure is the worst thing that could happen. Actually, in this case, it might be the best. It has been a while coming, but Wachovia finally started foreclosure proceedings against Hedgewood Properties and the Vickery development on Post…