Weekly Real Estate Market Report

Plenty of Open Houses This Weekend

This weekend is National Realtor open house weekend.

Once upon a time the number one way of marketing a home was the weekly open house. Driving around on the weekend looking for open house signs was the way home buyers found homes. But the growing popularity of the Internet has changed all of that. The weekend home seeker often searches for homes day and night on the Internet. Knowing this, why do we continue to have open houses and why participate in a National Realtor open house weekend? The reason we have the open houses is because people want to see the home in its setting and check out what they have seen on the Internet. It also provides a comfortable welcoming environment for the buyer to visit homes. It is fun to be part of the energy across this country. Over 31,000 homes nationwide…

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Weekly Real Estate Market Report

Ready for a New Nest?

Here are a few tips on how to get started shopping for a home, plus check out the Open Houses listed below. The spring real estate market clicks into high gear with lots of new listings at great prices.

  If you are looking for the perfect home, then you have heard what a great time it is to be a buyer! To begin the process you need to take some very important steps.This will help ensure your home search is an enjoyable one. The first step is to get preapproved for a loan. To start this process you may wish to talk to several lenders. You can ask your real estate agent if he or she has a list of lenders that they have a relationship with. Friends and family members can also recommend lenders that they have worked with in the past. Be careful about choosing out-of-state lenders. The reason is they may not fully understand our process and the Georgia Purchase and Sale agreement. This can cause you serious problems.  The biggest concern is …

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Real Estate 2011 Recap

Peachtree Corners and Berkeley Lake real estate had a few ups and downs in 2011.

  The Good news for all, is great news! Peachtree Corners had a historic year regardless of the real estate market. I’m excited to follow as the City of Peachtree Corners evolves and we all see the impact on our values. Berkeley Lake had great news as well. FEMA agreed to cover the major cost of Berkeley Lake dam issues which was a boost to values. More good news, inventory is declining. This has to translate to improved values as long as inventory continues to decline. The Bad news is that home values are continuing to drop each month. Inman news reported that home prices fell from September to October, in 19 of 20 markets tracked by the S&P/Case-Shiller 20-City Composite Home Price Index, with prices in Atlanta and Las Vegas hitting new …

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Weekly Real Estate Market Report

Laughing All The Way!

Year-end wrapup with a true story about the challenges of a business where it is sink or swim.

As we close the door on Real Estate 2011 in Peachtree Corners and Berkeley Lake, we have to acknowledge how challenging this market has been for so many and the impact it has had on all of us. For me saying good bye to this year means looking forward to a new and exciting 2012. My heart has hurt for the people who have struggled this year and my wish is that next year will be brighter and most rewarding. Next week I will bring you our yearly update of market conditions, but for this week, I would like to leave you laughing. This ran in the early stages of Patch and many readers missed their laugh. If you have read this story before then pass it on to someone who you think might enjoy it. If not, then have a laugh on me. Wishing you all, …

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Weekly Real Estate Market Report

Thank You Peachtree Corners and Berkeley Lake

A thank you for allowing me to share my thoughts and information with your during this unique real estate market we are experiencing.

  For the past 12 months I have had the pleasure of bringing you real estate market updates. It has been a labor of love. My background is that of a teacher and Realtor. The articles are a way to help educate the public about our market today. It also is to inform you about new listings and OPEN HOUSES. I hope you have found something of interest, or maybe learned something new, from reading these articles each week. As we begin the new year together, I would love for you to submit any questions or suggestions you might like to see addressed in The Peachtree Corners-Berkeley Lake Patch.  You may email me Nancy@Minor.net with your comments or questions. If you would like to ask a guestion about your personal real estate situation, I would …

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Real Estate Update for Peachtree Corners, Berkeley Lake

We've got the current numbers for November on homes sold plus Open Houses reported for December 4th.

  In keeping with our desire to keep you informed we continue with our market update. In the ZIP code 30092, which is most of Peachtree Corners, there are 112 homes on the market. There are seven homes that are pending lender approval. This means they are short sales and the lender has to agree to taking less money than is currently owed on the loan. In Peachtree Corners 10 homes closed in the month of November. The price range of closed homes are $577,000 - $1,440,000. There are 20 pending sales. Berkeley Lake has 13 homes on the market. The Nancy Minor Team sold two homes in Berkeley Lake this month. There are no pending sales. We have stated before that there has never been a better time to buy a home. Interest rates, motivated sellers …

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Weekly Real Estate Market Report

Buy a House Before New Year's Day

The home buying process continues right through the holiday season.

  Holiday homes show beautifully and yes people buy homes during the holiday season. Many people think that the real estate market shuts down during the holidays. The market does slow but you can bet that serious buyers will be out there looking.  For people who get bonuses, that may be the incentive needed to purchase their dream home. Some of the best homes are on the market at the very best prices. Check out these best buys. Would you believe that you could spend Christmas Eve in your new home? Of course, circumstances vary but with the right combination it is possible  to make it happen. There are hundreds of sellers, Realtors and lenders out there who would do their part to make it happen. I have sold a few homes over the years with …

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Weekly Real Estate Market Report

Safety Check Your Home for Winter

Time to get ready for the cold winter nights. Also check the Open Houses that will keep you warm on any ice cold night.

  Time to do some safety checks and see if you are ready for the cold winter nights. We will also be sharing some Open Houses that will keep you warm on any ice cold night. Replace filters and have heaters checked to make sure they are functioning properly. Check out this website for addition saftey tips to prepare your home for Winter. 1. Replace filters and have furnaces checked to make sure they are functioning fine. 2,  Install at least one carbon monoxide detector. This deadly gas is called the “silent killer.” What is so scary to me is you cannot see it or smell it. According to an article by the Home Safety Council, it is a good idea to have one near your bed.   3. If you need an extra burst of heat portable heaters can be so …

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Weekly Real Estate Market Report

VA Loans Help Veterans Find Their Home Sweet Home

Information about loans for veterans plus open houses and a sample of homes listed in the area this week.

Thank you to our Veterans in Peachtree Corners and Berkeley Lake. Today we honor our Veterans and their  commitment made to our country. I am very grateful to those who have served in the past and are now serving. Their service is the very reason we have the freedoms we sometimes take for granted. One of the great freedoms we enjoy is home ownership. One of the benefits that the United States provides to our veterans is special financing to buy a homes. Of course, I’m speaking of a VA loan. For our veterans, I thought I would highlight some information about VA loans VA loans allow the veteran to purchase a home with over 100 percent financing. This is one of the few loans left where a buyer can purchase a home without a large down payment…

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Weekly Real Estate Market Report

Homes for Sale In Your Neighborhood

A quick look at the year-to-date numbers for Berkeley Lake and Peachtree Corners areas.

Throughout metro Atlanta there is  a familiar trend. More activity, fewer listings and values continue to decline. The decline in listings represents people who are taking their homes off the market for various reasons. Some of these people  will lease since they owe more than the homes will sale for. There are more short sales coming  on the market and as long as they are looming over the market, values will continue to decline. In Berkeley Lake their are 15 active listings. The price range of these listings are from $250,000 to $759,000. Year-to-date 19 homes have sold in a range from $110,000 to $1,800,000. There is one pending sale which is listed at $700,000. There are nine distressed properties for sale. These are homes in some stage…

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