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Selling Season Is NOT Over

Selling Season Is NOT Over

If you have been trying to buy or sell a home and the end of the spring-summer real estate season is stressing you out, The Castles By Chrissy Team says "relax!"

Even though real estate sales do fall off at the end of warm weather, there's still plenty of buying and selling coming this fall and winter.

Remember, sales volume is not your problem. The only house you care about is the one you're selling or hoping to buy.

Real estate isn't nearly as seasonal as it used to be. If a house is priced and marketed appropriately, no matter what time of year it is, there will be a buyer for it.

What's more, many home buyers and sellers are bucking the seasonal nature of residential real estate.

Agents Unknowingly in Violation of Ethics

This is a warning to Agents and a reminder to the public to be careful who you chose to represent you in a real estate transaction. I have recently heard some stories that have taken place locally and want to send this reminder to everyone. It is a violation of the ethical requirement for licensure in Georgia to represent a buyer or seller in a matter that the Agent is unfamilliar with. 

The REALTOR® Code of Ethics - Article 1 starts: "When representing a buyer, seller, landlord, tenant, or other client as an agent, REALTORS® pledge themselves to protect and promote the interests of their client."

Metro Atlanta foreclosure rate 16th highest in nation

Metro Atlanta foreclosure rate 16th highest in nation

ATLANTA -- Metro Atlanta's foreclosure rate slowed by the middle of 2011, but remains among the metros with the highest rates.

Atlanta had 44,1560 foreclosure filings from January through June, down about 16 percent from the first half of 2010. This gave Atlanta the 16th highest rate of foreclosures, according to RealtyTrac, which publishes the largest list of foreclosures in the country.

The company defines a foreclosure as default notices, scheduled auctions and bank repossessions. 

Real Estate has a Long Road to Recovery

 

The next years of real estate are not going to be positive for homeowners. In fact, it’s estimated that in 2012 over 60% of all home sales will be foreclosures or short sales. This means that the banks will control the pricing of more than half the real estate market and we can expect continued declining values. This idea may not sit well with many after the mortgage meltdown and moral hazard issues we had over the past five years.

Further, we at Sellect Realty believe that it will be another five to seven years before we see home values near their previous peaks and then we expect a plateau for several years to follow before growth. Currently our market is still declining. Despite month-over-month gains we have had another drastic decline in home values over the past 12 months. According to the recent statistics released by Realtor.com the average listing price decreased by 11.42% from June 2010 to $250,933.  

VIDEO: City renovates home for seniors

VIDEO: City renovates home for seniors

MARIETTA, Ga. -- Seniors living in Marietta now have a more luxurious place to call home.

Yesterday, Mayor Steve Tumlin cut the ribbon on the newly renovated Tower at Dorsey Manor (112 Lemon Street).

The nine-story building features 80 units designed for active seniors. Amenities include a cardiovascular fitness center, a computer room and a covered pavillion surrounded by sidewalks and plenty of green space.

Program gives homeowners $3000 to move

Program gives homeowners $3000 to move

ATHENS, Ga. -- It's called the HAFA Program. If you are needing to move and are having financial difficulties, then this program may be for you. It is required that the house is to be sold as a short sale and there must be some hardship involved (ie. medical, job loss, job relocation).

Open Houses this weekend in Metro-Atlanta

Open Houses this weekend in Metro-Atlanta

It's going to be a beautiful weekend!  Be sure to get out and see some of the great homes for sale in the metro-Atlanta area.

 

Decatur

2817 Abrorcrest Drive

Decatur, Ga 30033

Sunday 2 to 4pm

** 5 bedroom/3 bath (new construction)

$289,000

www.2817ArborcrestDrive.com

 

Marietta

2905 Fallwood Drive