Friday, September 20, 2013

Real Estate Sales in Hall County Georgia


The real estate market in Hall County (including Gainesville GA, Flowery Branch GA, Oakwood GA, Lake Lanier, and parts of Braselton GA and Buford GA) is doing much better and continuing to get stronger through the summer of 2013.
There is a huge difference in the amount of sales over $200,000 that is great in some ranges and puzzling in other ranges.  Properties in the higher price ranges have been slower to respond for various reasons.


[Time periods:  May 1, 2013 through September 18, 2013 versus the same period in 2012.]

 2013 Sold Single Family Homes in Hall County:

Under 200K –     Same as 2012
200K to 300K –   Increase of 35% over 2012
300K to 400K –   Increase of 107% over 2012
400K to 500K –   Increase of 92% over 2012
500K to 600K –   Decrease of 22% over 2012
600K to 1M –      Decrease of 25% over 2012


Condensed:

Under 200K –     SAME NUMBER OF SALES
200K to 500K –   INCREASE of 57%
500K to 1M –      DECREASE of 23.5%

Wednesday, September 18, 2013

Are You in Love...


Are You In Love with Two Houses?

As you find yourself in the house-hunting mode, you may encounter a situation in which you're torn between two houses. Perhaps you and your significant other each have a favorite, or perhaps you both like two houses equally - or think you do.

Making a final decision and determining which house to make an offer on shouldn't be taken lightly. The decision should be made rationally and not guided by emotion. Of course, you may not have the luxury of taking your time on deciding which house you'd like to pursue. You may be in a market in which homes in your price range get snatched up as quickly as they go on the market, perhaps even attracting multiple offers.  But in some situations, you may find yourself torn between two houses. Sometimes the easiest thing to do is take pen to paper and outline your family's needs, your budget, and the pros and cons of each house.

Some things you'll want to compare include:

  • The neighborhoods
  • The schools
  • Crime
  • The houses compared to others in the neighborhood
  • Appreciation
  • The sellers' situations
  • The houses themselves
  • Drawbacks

As you carefully weigh all the factors, it might become clear that one house is more enticing than the other. Or, you may find the houses are still equally appealing. If that is the case, be sure you look at the homes more than once. You may notice something you didn't the first time around - something that could sway you one way or the other. In fact, you should probably visit each home at least two more times, at different times of the day to get a feeling for how the house and neighborhood look and feel in the morning versus late afternoon or evening. Once you make a decision and an offer, you can take comfort in knowing you may still have a back-up if the deal falls apart.

Source - Realtor friend, Carolyn Ezelle.

To find great homes in Gainesville, Flowery Branch, or anywhere in NE Georgia visit us at http://www.abernathycochran.com

Saturday, September 14, 2013

Video Tour 340 Dixon Drive



A great way to preview a home.  We have some amazing marketing platforms for our clients.  Visit us anytime at abernathycochran.com

NewLeaf Landscape Services, an Abernathy Cochran Group Marketing Partner



An Abernathy Cochran Group Preferred Partner - New Leaf Landscape Services.
Curb appeal is vital in selling homes and selling them for great prices.  Your landscape, your future landscape plans, and the maintenance of you landscape sometimes needs professional assistance.  If you are in northeast Georgia, call NewLeaf Landscape Services.

Watch the video to be introduced to Steve Murray.

http://www.abernathycochran.com/partners

5 Reasons to Sell Now...


Posted: 10 Sep 2013 04:00 AM PDT
hand showing fiveMany now realize that it is a great time to buy a home. Today, we want to look at why it might also be an opportune time to sell your house. Here are the Top 5 Reasons we believe now may be a perfect time to put your house on the market.

1.) Demand Is High

The most recent Existing Home Sales Report by the National Association of Realtors (NAR) showed a 17.2 percent increase in sales over July 2012; sales have remained above year-ago levels for 25 months. There are buyers out there right now and they are serious about purchasing.

2.) Supply Is Beginning to Increase

Total housing inventory last month rose 5.6% to 2.28 million homes for sale. This represents a 5.1-month supply at the current sales pace, compared with 4.3 months in January. Many expect inventory to continue to rise as 3.2 million homeowners escaped the shackles of negative equity in the last 12 months and an additional 1.9 million are expected to enter positive equity in the next 12 months. Selling now while demand is high and before supply increases may garner you your best price.

3.) New Construction Is Coming Back

Over the last several years, most homeowners selling their home did not have to compete with a new construction project around the block. As the market is recovering, more and more builders are jumping back in. These ‘shiny’ new homes will again become competition as they are an attractive alternative for many purchasers.

4.) Interest Rates Are Rising

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year mortgage have shot up to 4.57% which represents a jump of more than a full point since the beginning of the year. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison projecting that rates will continue to climb.
Whether you are moving up or moving down, your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

5.) It’s Time to Move On with Your Life

Look at the reason you are thinking about selling and decide whether it is worth waiting. Is the possibility of a few extra dollars more important than being with family; more important than your health; more important than having the freedom to go on with your life the way you think you should?
You already know the answers to the questions we just asked. You have the power to take back control of your situation by putting the house on the market today. The time may have come for you and your family to move on and start living the life you desire. That is what is truly important.
Source: KCM BLOG
Visit http://www.abernathycochran.com to find out more information about listing your home sor sale in and around northeast Georgia.

Pricing Your House to Sell Can Be Tricky

Pricing Your House to Sell Can Be Tricky
Don't be afraid to be bold! A punch of color adds a modern twist to a traditional facade.

Don't be afraid to be bold!  A punch of color adds a modern twist to a traditional facade.