Posts Tagged ‘ homes for sale ’

Atlanta Real Estate Market Update

The real estate market in Atlanta appears to be following the upswing many of have heard about on the news recently and it’s high time we spread the word! For the first time in years, parts of Atlanta have seen price increases and sales volume increases. This is particularly true for resale homes and those homes in the traditionally more popular areas on the north side of the city.

atlanta-chartAs I write this, home sales in Atlanta under $200,000 for the month of July are 2,547 solds vs. 2,390 sold in July of 2008. This is a significant statistic because, we will have more sales than last year for the second month in a row and this also represents the single largest segment of homes for sale in Atlanta broken down by price point.

In June, which is traditionally the highest monthly sold numbers, 2009 sales at this price point far outpaced what we saw in 2008. This year there were 2,679 sales vs. 2344 in 2008. This is a 14% increase in volume. In the popular northern suburbs, this has turned to a seller’s market with only 3 or 4 months of inventory available to purchase in many cases.

The significance of the year over year sales increase at this price point cannot be overstated. Since this represents 60% of total sales and represents 43% of all homes listed for sale, year over year increases represents more than just a small tick in an otherwise bleak market.

This represents a turning point.

When this is combined with 6 consecutive months where inventory levels have declined and 4 consecutive months where the average home price has increased and we find ourselves wondering whether or not we have actually seen the bottom in the overall real estate market. Continue reading this post


Posted by: Ryan Ward on August 19th, 2009 under Regional


Wake Up Call To Selling Foreclosures

It’s no common secret that the real estate market over the past year has continued to dramatically change towards a market concentrated in short sales, foreclosures and REO’s. ¬†

For those of you that don’t know what REO means — it means Real Estate Owned. ¬†It’s a term used to identify a property is owned by a bank. ¬†Banks actually consider REO’s a liability instead of an asset because they are in the MONEY business not real estate business.¬†

As a Top Selling Team in Tampa and St Pete, we have modified our business to help service these “niche” markets. ¬†In the first quarter of 2009, nearly half of our business was selling (either listings or homebuyers) distressed properties. ¬†We have learned through much education, courses, certifications, and trial and error the best ways to represent buyers and sellers in these specific situations.

If you are a Realtor and haven’t started working these markets — WAKE UP! ¬†If you are in a market that has not been hit as hard with foreclosures, don’t worry its coming. ¬†It’s time to prepare now. ¬†

If you are a new real estate agent, read up! ¬†I had a new agent join our team this week and just like I’d send this information to a prospective home buyer, I wanted to review it and tailor it to him so he understands the urgency needed to work buyers on bank owned houses.

Below are tips for Realtors representing buyers on bank owned homes. Continue reading this post


Posted by: Andrew Duncan on May 8th, 2009 under Buying or Selling a Home, Short Sales and Foreclosures


I‚Äôm A Raving Fan of HomeGain’s AgentView ‚Äď Yes, I Admit It!

I started working with AgentView, formerly known as Source4Sellers, mid November 2006.  Since then much has changed with my business model and with AgentView.

My business grew from a fledgling concept to a full team model.  I had started the month before with HomeGain’s BuyerLink.  The traffic from BuyerLink helped build my faith in Internet marketing and build my lead database.  Even then, I knew that HomeGain was very interested in my success and building a true business partnership.

The AgentView product suite continues to develop and is now a full service ad-free solution which highlights and promotes the participating real estate agent.  When I first started with the product, the Source4Sellers solution contained an agent profile and a full CRM with built-in email campaigns.  Now AgentView is so very much more.  Some of the features include:

  • Agent Profile
  • Homes For Sale
  • Home Values
  • Agent Centric Blog
  • Local Information
  • Home Seller Tools

Agent Profile

The AgentView blog offers so much opportunity to help promote the area real estate agent and my Denver real estate website in an ad-free environment. This page is about the agent and their credentials.¬† The ‚ÄúHave a Real Estate Question for Brian?‚ÄĚ is to the right of your contact information as a call to action.

Continue reading this post


Posted by: Brian Kinkade on April 22nd, 2009 under AgentView, Technology

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50 Reasons to Use a Buyer’s Agent

A much cited statistic¬†tells us that nearly all home buyers start their home search online. Many consumers type in “homes for sale” on Google or Yahoo! or visit sites like HomeGain.¬†


With home listings available in many places on the Internet some consumers may consider buying a home without using the services of a professional real estate agent.


This  would be a mistake.

A local Realtor understands current market conditions and home prices. Automated valuation tools like those found on Zillow and HomeGain can only serve as a starting point for assessing home values in a particular area.


A local Realtor acting on behalf of a home buyer can give real insight on home prices based on local, up-to-the-minute analysis of the market.


In addition to helping buyers understand home prices, buyers’ agents do a lot more.


HomeGain member Mitch Ribak, who is on track to sell more than 350 homes this year, recently provided us with these 50 reasons to use a buyer agent: 


  1.   Analysis of your real estate needs and determine housing criteria

  2.    Research properties

  3.    Send you listings that match your needs

  4.    Provide information pertaining to your move or relocation and short-term stay options

  5.   Educate you about home buying processes

  6.   Provide information on market conditions, schools, communities, employment, and more

  7.   Discuss your financing needs

  8.   Recommend qualified mortgage brokers

Continue reading this post


Posted by: Louis Cammarosano on April 2nd, 2009 under Best Practices, Home Prices, Home Values, HomeGain


First Time Home Buyers Boost Existing Home Sales

According to reports in the Wall Street Journal and the Miami Herald first time home buyers are accounting for a large portion of the recent boost in existing home sales. The reports cite lower home prices and the provision in the Obama stimulus plan that gives first time home buyers an $8,000 credit.

Indeed, on a conference call following HomeGain’s release of its survey of Realtors on Home Values,¬†HomeGain member Jeffrey Bastress of Starpoint Realty in Massachusettes cited that he had recently received numerous offers from first time home¬†buyers¬†citing the $8,000 credit as a reason for their interest in purchasing a home.

Andrew Duncan of Keller Williams of Tampa also cited the new tax incentives, lower home prices and great interest rates as driving new home buyers to make their first purchases.

Could it be however,¬†the reason that first time home buyers are making up a good portion of existing home sales is that they haven’t been burned yet?

Continue reading this post


Posted by: Louis Cammarosano on March 24th, 2009 under Market Trends, Online Marketing


Gloom and Doom … or Great Opportunity?

Certainly there is a lot of grim news out there – but things are not that bad.¬† Actually, I have not noticed any difference in my daily life or that of most people that I have come in contact with since this “financial crisis” has begun.¬† Sometimes I think that the news people like to jump on the bandwagon and are going out of their way to find and report bad news.¬† After you report on it enough, it can become a self-fulfilling prophecy.

Strangely enough, year to date, this has been my best year of my 23 years in real estate.  There are still  a lot of people out there who want to buy homes.  I am finding numerous new home buyers every week.  
Let’s look at the home buying situation a bit closer.¬†

Interest rates are excellent right now, in the low 6% range, and even in the upper 5% range.  These rates are much lower than they have been during most of my career. 

Combining that with the great prices of homes¬†and the excellent selection of properties¬†makes now¬†an excellent time for buyers — not a couple of years ago when everyone thought it was so great to buy a home.¬† Continue reading this post

Posted by: Barry Karch on October 20th, 2008 under Buying or Selling a Home


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