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Mortgage Interest Rates and Buying a Home or Refinancing

April 2nd, 2008 · No Comments

Last week, bonds finished strong and closed above the 50-day Moving Average. Usually, when bond prices move higher, mortgage interest rates move lower.
When to call the mortgage company? When to make a decision to buy a property? When to pull the trigger?
I have written many times about national information versus the local Atlanta real estate […]

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Tags: Atlanta · Atlanta Homebuying · Atlanta Interest Rates · Atlanta Mortgage Rates · Atlanta New Homes · Atlanta Real Estate

New Home Sales Set New Record

March 31st, 2008 · No Comments

New Home Sales Set A New Record… But it is not a good one…
Many news sources reported this week that new home sales reached yet another milestone. I said New Home Sales were headed for the “ditch” and here is a bit of evidence that my prediction in early 2006 was spot on!
New single-family home […]

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Tags: Atlanta New Homes · Atlanta Real Estate

Atlanta Real Estate Market Conditions - August 2007

August 30th, 2007 · No Comments

The Sky is Not Falling… BUY NOW and Hire A Great Agent…
Truly, if you read and listened to the media you might believe the sky is falling… and that real estate prices are as well. Here in Atlanta, our sustained job market, and other stabilizing factors such as diversity of industry, have been good things […]

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Tags: Atlanta Real Estate

Atlanta Real Estate Market Report - July 2007

July 31st, 2007 · No Comments

There were 6,043 closings for all single family in July. This is a decline of 20.9% from July 2006 and the 5th consecutive monthly decline and the 9th decline over the past 11 periods.
Single family detached closed 5,150 units in July or a decline of 21.5% from the same year ago period. Condos and townhomes […]

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Tags: Atlanta Real Estate