Get the Appropriate Deed when Buying a Home

Thursday, December 3rd, 2015

       If you’re buying a home in Atlanta you’ll be getting some type of deed at closing.  It’s important you get the appropriate deed when buying a home to protect you.  The language used in the deed to create a valid title for buyers can be confusing.  Selecting the wrong type of deed […]

How Much Income Do You Need to Buy in Atlanta?

Wednesday, May 28th, 2014

HSH Mortgage recently released a study checking how much income you’d need to buy the average priced house in 27 different cities.  It’s no surprise that Atlanta was the 6th cheapest city.  Cleveland was the cheapest and San Francisco (no surprise) was the most expensive.  In Atlanta you need to earn just over $34,000 per […]

Will New Loan Limits Affect Atlanta's Real Estate Market?

Saturday, October 19th, 2013

     Government officials are reviewing reducing loan limits for conforming mortgages, a change which could affect Atlanta.  From a report from NAR; In early September, the Federal Housing Finance Agency (FHFA), the entity that oversees Freddie Mac and Fannie Mae, gave notice that it would revise the conforming loans limits in an attempt to stimulate […]

So You Think Your Apartment is Small? Take a look at This !

Thursday, September 19th, 2013

Sure we know NYC real estate is expensive but these SRO’s take the cake!  Don’t worry though it’s got ‘robust sunlight’ and the neighborhood has ‘vivacity’.  From the NY Daily News, ” But in one Harlem building, the captives in a 100-square-foot apartment pay $1,275 a month — and there is no free grub. The […]

Despite higher rates Home Prices still increasing

Thursday, September 5th, 2013

We’ve been seeing interest rates increase pretty steadily the last few months.  This tends to depress demand and home prices.  But we’re still seeing price increases.  July’s numbers again show a gain of 12% over the same time a year ago.   From Diana Olick at CNBC, ‘Despite rising interest rates, home prices continue to surge […]

Sales are Up, Prices are Up, Inventory is Up. Wait, what ?

Monday, June 24th, 2013

    In the last few months home prices continued to appreciate which helped home sales to increase but at the same time prices increased.  You’d think that more inventory would slow down prices but demand is so strong and inventory still so low that prices still shot up. According to the National Association of […]

Home Prices Increase the Most in Seven Years

Wednesday, May 1st, 2013

Home prices continue to climb as this article from Reuters explains; Single-family home prices rose more than expected in February, posting their best annual rise since May 2006 in a fresh sign the housing recovery remains on track, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained […]

Baby Boomers Moving to Urban Centers

Tuesday, April 30th, 2013

We’ve been seeing a trend for awhile now as Baby Boomers become empty nesters.  They’re looking to sell their current larger homes and down size.  In the past this often meant a move to sunny Florida or perhaps Arizona.  But today more and more baby boomers are looking to move to the city.  Part of […]

This Market is Changing and Changing Fast

Wednesday, April 24th, 2013

   Things are moving fast in real estate these days.  And the new factors are changing the way homes are being marketed and sold.    For instance, the available inventory is really drying up.  One of the reasons is that big investment firms are buying up single family homes and renting them out.  This has been […]

'Someone Say House Party?'

Wednesday, April 10th, 2013

Bank of America has come out with a revised edition of their forecast for real estate this year.  In a report titled ‘Someone Say House Party?’ the BofA economists now predict home prices to increase 8% this year even after prices increased over 7% last year.   Several factors are causing this.  Lending standards are easing.  […]