February 2012
13 posts
8 tags
Wayback Wednesday... Price ≠ Value
This was actually one of my favorite posts… and oddly, I wrote it around the time of our last Leap Year. However, it is possibly even MORE true now than it was then, back during the beginning of the crash, as things were unwinding. At that time, foreclosures hadn’t accelerated, banks weren’t too worried about getting their inventory through the system, and they were still...
9 tags
Duluth, GA, Market Report, January 2012
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Preliminary stats for Duluth, January, 2012 indicated that there were 449 properties on the market. Overall, there is about an 9.8 month supply of properties. Sales in January were 30, slightly down from 40 a year earlier. But, sales were way down compared...
8 tags
Lawrenceville, GA Market Report, January 2012
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Market stats for Lawrenceville, GA, January, 2012, indicate that there were 1151 properties on the market. Overall, there was about a 4.9 month supply of properties. In 2011, sales for January were at 148, so 213 sales was a excellent increase, year over...
6 tags
Wayback Wednesday... Great Schools = Great Tool
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Last year I had a quick little post about one of the tools that is easily available to everyone… for free. And we like free tools. Since I posted that, we’ve moved. And just like I counsel prospective buyers, we spent a LOT of time looking through...
9 tags
Buford, GA, Market Report, January 2012
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Market stats for Buford, GA, January, 2012 indicate that there were 417 properties on the market. Overall, there was about an 7.0 month supply of properties (Absorption Rate or A/R). There were 52 sales for January, way down from 83 last month but strikingly up...
9 tags
Sugar Hill, GA, Market Report, January 2012
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Market stats for Sugar Hill, GA , January, 2012 indicates that there are 159 homes on the market. Overall, there is about an 5.9 month supply. There were 20 sales, compared to 31 last month and 15 last January. The Absorption Rate (AR) increase, largely due...
13 tags
Wayback Wednesday... Why Hyperlocal Matters in the...
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Last year I was writing about why the only REAL important market report in real estate is a VERY local market report. It’s all fine and dandy to hear the talking heads on (insert your favorite national news network), but national averages mean nothing on...
9 tags
Lilburn, GA Market Report, January 2012
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Market stats for Lilburn, GA, January, 2012, indicates that there were 360 properties on the market (as of January 30th). Overall, there was about an 7.7 month supply of properties and 46 properties that closed (sold) in January. It was an increase from...
8 tags
Suwanee, GA, Market Report, January 2012
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Market stats for Suwanee, GA, January, 2012 indicate that there are 440 properties on the market (down from 468 last month). Overall, there is about an 7.9 month supply of properties (up from 6.7 last month). January had 40 sales. Compared to January, 2011 (35),...
8 tags
Wayback Wednesday... a 3fer, Cheap Ways to Prep...
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Normally, each week I pull a post from the past to highlight again. This week, I’m pulling three of them. They were all part of a series I did on Cheap Tips…
Cheap Tips #1⦠Getting Ready to Sell
Cheap Tips #2⦠Tip-Top Shape in 5 Steps
Cheap...
9 tags
Norcross, GA, Market Report, December 2011
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Market stats for Norcross GA, December, 2011 indicate that there were 248 properties on the market. Overall, there is about a 4.6 month supply of properties. This year has been very strong so far… although April and May weren’t that strong (April was...
8 tags
Duluth, GA, Market Report, December 2011
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Preliminary stats for Duluth, December, 2011 indicated that there were 445 properties on the market. Overall, there is about an 7.9 month supply of properties. Sales in December were 57, slightly down from 66 a year earlier. But, sales were slightly up...
7 tags
Wayback Wednesday... Long Distance Listing (or...
A couple of years ago I was dealing with this situation… actually cleaning up after it.
I had a client that had an offer on their house with an out of town agent (the agent was the buyer’s niece). She was very nice, but she couldn’t be there for any of the 6 inspections we had, nor could she be there for the closing. In effect, her clients were largely unrepresented in the...