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Atlanta Home Financing Update

The following is a guest blog from Jeffrey Heckman and Joanne Rotella with Shelter Mortgage Company and does not necessarily reflect the views of GeorgiaMoves.com

The Shelter Six

1. The recent mortgage rate surge began following a stronger than expected Employment Report released on the third of May. The logic behind the rise was that when the job market strengthens, the Fed no longer needs to manipulate rates down to such a low level.

2. Rates continued to rise following comments by Fed Chairman Ben Bernanke on June 19 indicating that the Fed would probably stop buying bonds sooner than expected. This bond buying program has been the #1 reason rates have been so low for so long.  Since the June 19 meeting, there has been a great deal of uncertainty about when the Fed will actually begin to tighten monetary policy. The result has been tremendous volatility with rates

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Is a real estate agent necessary in today’s hot market?

FSBO vs Real Estate Agent

FSBO vs Real Estate Agent

 

With metro Atlanta homes selling faster than Gladys Knight’s chicken and waffles, purchasers thinking of buying and more notably, owners thinking of selling, might be wondering if hiring a real estate agent is a necessity. Nowadays, home buyers can find homes on the internet, set up their own appointments to preview properties and submit pre-printed offers that can be obtained online or at the local office supply store. Likewise, sellers can get a for sale by owner sign, post their property on a number of FSBO marketing web sites and negotiate directly with interested parties. On the face of it, it seems that both parties may benefit by excluding third party interlopers from the deal.

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Atlanta Home Sales Statistics Map

Atlanta Home Sales Statistics for April 2013 YTD

Atlanta Home Sales Statistics for April 2013 YTD

The above map represents Atlanta home sales statistics for the month ended April 2013 year to date. I felt it useful to compile these figures on a zone map that makes it easier to research which areas of Atlanta are selling fast and for more money. Due to size constraints, I did not post the number of Atlanta home sales for each zone but send us a comment and we can forward you additional information for a particular zone. I hope the map assists you with a metro Atlanta home sale or metro Atlanta home purchase.

 

       Having been licensed since 1994, Craig Levine brings to your real estate deal a world of experience,

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St Marlo Home Sales – YTD

St Marlo homes for sale

Here is a report of the homes which have sold in St Marlo Country Club since January 1, 2013. The average St Marlo sales price was $657, 360. The average St Marlo home sales price to list price ratio was 94.86% and the average St Marlo home spent 83 days on the market.

 

Click here to view St Marlo home sales since January 1, 2013

 

If you are thinking of selling your home or would like to ask Craig Levine a question about sales statistics or trends in your neighborhood, call The Levine Team at 678-784-4493.

 

       Having been licensed since 1994, Craig Levine brings to your real estate deal a world of experience, cutting-edge technology, negotiating savvy, and exemplary

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Atlanta Luxury Homes

St_marlo_house

Atlanta Luxury Homes

Thinking of buying or selling a mansion in Atlanta? The Atlanta luxury homes market is heating up! Buy or sell an Atlanta mansion, now, at AtlantaMansions.net

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