Searching for Homes For Sale in Gainesville, Hall County, Georgia.

In July of 2010, the National Association of Realtors (NAR) did a study of 111,004 home buyers and sellers that either bought or sold their home between July 2009 and June 2010.  This study generated 8,449 usable responses to an 8 page survey.  We thought we would share the following trends and statistics from the study:

     

·         Buyers use a variety of resources in searching for a home:  89% searched internet; 88% used Realtors; 57% searched by yard signs; 36% searched print advertising.  Although they used a variety of resources, they generally started the process online and then contacted their Realtor.

·         When asked how they first learned about the home they ultimately purchased:  38% said internet; 37% said Realtor; 11% said a yard sign; 6% said from a friend, neighbor, or relative; 4% said the home builder; 2% said a newspaper ad; 1% said from home book or magazine.

If you are a buyer for homes for sale in Gainesville, GA (or in Flowery Branch, Oakwood, Braselton, Buford, Hall County, Lake Lanier, GA) we can help you by setting up a custom website, called The Client Gateway, that will alert you every time a new listing hits the market.  This website also alerts you by email every time a listing changes price or changes its status.  Our customizable website will allow you to set up a search for foreclosure homes for sale, bank owned homes for sale, short sale homes, lease purchase homes, land, farms, lots, condominiums for sale, etc.  As a Buyers Broker we will assist you in your purchase and we are paid by the Seller of the property you purchase.  By working with The Abernathy Cochran Group you get the best Real Estate representation and consultation for your purchase.  Call or email us anytime.  http://www.abernathycochran.com/

Real Estate in North Georgia

The Norton Agency presented our 24th Annual Economic Forecast this past Thursday evening.  Information is Knowledge and Knowledge is Power. 

For information regarding Real Estate for sale, Houses for sale, Farms and Land for sale, Acreage for sale in Gainesville, GA, Flowery Branch, GA, Oakwood, GA, Hall County, GA, Lake Lanier houses, etc. contact Brad Abernathy and Regina Cochran with the Abernathy Cochran Group of The Norton Agency.

The Norton Agency is your Real Estate Experts in North Georgia & The ABERNATHY COCHRAN GROUP is the #1 Sales Group of The Norton Agency.

The entire 2011 NORTON FORECAST can be viewed by clicking on the link below:

2011 NORTON FORECAST   |   ABERNATHY COCHRAN GROUP

Gainesville / Hall County Real Estate Tops Neighbors, State, and Nation in 2010.

Gainesville / Hall County Real Estate Tops Neighbors, State, and Nation in 2010.

A few years ago when one part of the real estate market started to fall, the talk of the nation was whether the subprime mortgage disaster will affect other parts of the real estate business.  Well, it affected all parts of the real estate business.  Then, when the real estate industry as a whole started its fall, the talk of the nation was whether other parts of our enormous economy will be affected.  It ultimately affected everything.  Our country and the world found out how much real estate is intertwined into just about everything!

I went to the Georgia Mountains Center once when I was a kid with my parents.  We went to the arena to watch a unbelievable display of dominoes.  One fell over, then a line of them, and then lines started splintering off in all directions.  Over the last 3 to 4 years our economy looked the same way in slow motion. 

In 2010, things in HALL COUNTY were great compared to our neighbors and are predicted to get even better!  The National Association of Realtors is predicting that the number of home sales in the U.S. will increase by 7.1% in 2011.  This is terrific news for our local economy.  In 2010, Hall County outperformed the U.S., Georgia, and all of our neighbors (See Chart).  We are very excited about 2011!  

   

This Chart Shows the Percentage Increase or Decrease in Single Family
Home Sales (Units) from 2009 to 2010.  Data Sources: National (NAR);
State (GAMLS); Cities and Counties (FMLS).

Buyers will start buying again because of these favorable signs:

(1)  Mortgage interest rates have bottomed and are starting to inch upward;

(2)  The federal spending spree should stop now that the elections are complete;

(3)  It looks like unemployment rates are stabilizing which should create more confidence;

(4)  Many, many houses have been selling for less than it would cost to build them, and that just cannot continue indefinitely;

(5)  Consumer confidence is finally better than it has been.

If you are planning to buy or sell real estate call The Abernathy Cochran Real Estate Group to assist you.