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May 2011 - Posts

Single Story For Sale in Atlantic Point

Atlantic Point of St. Simons Island • 2,000 sq. ft., 2 bath, 3 bdrm single story "Gated Community" - MLS® $160,000 - Just Four Deep Water Lots Atlantic Point, St. Simons Areas - Owner financing on all remaining lots. :lot and home for
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Price Reduced on One Atlantic Point in Atlantic Point

Atlantic Point, St. Simons Areas - Announcing a price reduction on One Atlantic Point, a 2,000 sq. ft., 2 bath, 3 bdrm single story "Gated Community". Now MLS® $160,000 - Just Four Deep Water Lots. Property information
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Interesting Math

This year we're going to experience four unusual dates. 1/1/11, 1/11/11, 11/1/11 , 11/11/11 and that's not all...Take the last two digits of the year in which you were born -now add the age you will be this year, and the result will be 111 for

Affordability Reaches Highest Level in 20 Years

Homes are more affordable to more families, according to the latest index for the first quarter of 2011 that shows affordability reaching its highest level in more than 20 years. Nearly 75 percent of all new and existing homes sold in the first quarter

Buyers Better Hurry: Rates Reach New Lows

For the sixth straight week, fixed mortgage rates inched down, reaching new lows for 2011. The 30-year fixed-rate mortgage averaged 4.60 percent this week while the 15-year mortgage averaged 3.78 percent, Freddie Mac reports in its weekly mortgage market

Don't let a poor inspection keep you from getting to the closing table.

The transaction has made it through almost every hurdle, but a potential deal breaker still lurks—the property has to make it past a home inspector. Buyers typically request an inspection to determine the condition of a home prior to closing, and
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Mortgage Rates Reach Another Low for 2011

For the fifth straight week, mortgage rates inched down again--this time reaching the lowest level of the year as well as lowest year-to-date. The 30-year fixed-rate mortgage averaged 4.61 percent this week, while the 15-year rate averaged 3.80 percent,

Avoid Home Flaws Being Uncovered Too Late

Home inspections don’t always turn up everything wrong with a home, but unknowing buyers can quickly turn unsatisfied when they move into their new home if they find a bunch of problems. "The purpose of a home inspection is to look for material

The 10 Most Walkable Cities

Buyers have expressed more preferences to walkable communities in home-shopping surveys. Walk Friendly Communities, a national recognition program, recently recognized the top places in the country for walking, taking into account such factors as safety,
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Tablets Set Out to Dethrone Computers

Say goodbye to the traditional laptop and desktop computer--tablet computers will soon be the only thing most people will need, industry analysts predict. And real estate professionals are not immune to the trend, continuing to unlock the business potential

Economy, Affordability to Drive Home Sales Growth

Home sales are on track to outperform last year, even though the market doesn’t have the benefit of the home buyer tax credit. This is thanks to sustained economic growth, the slowly recovering jobs picture, and historically high affordability conditions,

4 Signals It Might be Time to Buy (vs. Rent)

To rent or to buy: what used to be a given – that you would buy a home as soon as you could afford to – has become an agonizing conundrum for many a would-be homebuyer, in the face of the housing market’s big bust and super-slow recovery.

Home Vacancies, Mortgage Delinquencies Drop

Mortgage delinquencies on single-family homes continued to inch down in March, as did first-quarter home-owner vacancies, two government agencies report this week. For the fourth straight month, mortgage delinquencies dropped in March as delinquencies

Cheaper to Buy Than Rent? In Most Cities, 'Yes'

Cheaper to Buy Than Rent? In Most Cities, 'Yes' Americans in 39 of the country’s 50 largest cities are finding it’s cheaper to buy a home than rent one, according to Trulia’s second quarter Rent vs. Buy index. In its index, Trulia

Listing Data Not From MLS Has More Errors

Listing data that doesn’t come directly from a multiple listing service data is more likely to have inaccurate price and status information, according to research by Trulia. Trulia found that third-party syndicators of listing data that did not
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Existing-Home Sales Rise in Most States

Existing-home sales continued to recover in the first quarter with gains in 49 states and the District of Columbia, while 22 percent of metropolitan areas saw prices rise from a year ago, according to the latest survey by the NATIONAL ASSOCIATION OF REALTORS®.

Price Reduced on 171 Zellwood Drive in Satilla Shores

Satilla Shores, Brunswick - Announcing a price reduction on 171 Zellwood Drive, a 2,200 sq. ft., 3 bath, 3 bdrm single story. Now MLS® $225,000 - Deep water home.with dock. Property information
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Price Reduced on 5025 Riverside Drive in Riverside Drive

Riverside Drive, Brunswick - Announcing a price reduction on 5025 Riverside Drive, a 3,246 sq. ft., 3 bath, 4 bdrm 2 story "Open Cape Cod Design". Now MLS® $389,000 - Elegant Home with views. Property information
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Half-Century of Decline Ends: Household Size is Up

Based on 2010 Census data on 12 states and the District of Columbia, the average household size is creeping up after falling for the past 50 years. In Florida, the average household size rose to 2.48 persons per household from 2.46 a decade ago. The Sunshine

What Celebrities Desire in Homes

Celebrities often have slightly different priorities when shopping for a home than the average home buyer. Here are a few top items often found on their priority list when home-shopping, according to the Zillow Blog. 1. Privacy. Most often a top priority,

The 30-year fixed-rate mortgage yearly low of 4.71 percent

The 30-year fixed-rate mortgage, a popular choice among buyers, sank even lower this week, matching its yearly low of 4.71 percent from January, reports Freddie Mac in its weekly mortgage market survey. Last year at this time, the 30-year fixed-rate mortgage