October Real Estate Market Update

Ana Hodge, Realtor with Atlanta Communities brings you a brief snapshot of the latest real estate trends in Cobb county Ga. Thinking about buying or selling your Marietta GA home? Talk to an agent that truly cares about your needs and is committed to provide a superior service experience for you and yours.

 

As Rates Rise, Mortgage Applications Drop

As Rates Rise, Mortgage Applications Drop.

Interest rates continue to increase but to be able to purchase a home and lock an interest rate of 3.75 for 30 years its still a gain for any person that is looking to buy.

Looking to buy a home, sell a house or invest in real estate in Marietta? Contact me. It will be my honor to help!

Thinking about selling your home in Cobb County? Best Bet Home Improvements to help you sell fast.

Thinking about selling your home in Cobb County? Best Bet Home Improvements to help you sell fast.

If you’re looking to improve the appearance of your home for resale in Cobb County, or you just want an updated look for your own enjoyment, there are a few things you must consider before beginning any costly project. Sure, … Continue reading

Biding wars continue to get worse in some areas. Another reason why you need a professional on your side!

Biding wars continue to get worse in some areas. Another reason why you need a professional on your side!

Tight inventories of for-sale homes all over the country are to blame for the biding wars on homes for sale in recent months. Buyers in the Cobb County and Atlanta metro areas in general are competing with investors and other cash buyers that are ready to snatch a good buy before home prices climb again.
The situation is causing frustration for people as they face rejected offers and are forced to get competitive by in some instances having to offer above listing price in order to secure a contract. According to the California Association of REALTORS®, as cited in Realtor.com, Daily Real Estate News, “nearly six in 10 homes were selling with multiple offers because of tight inventories.”
For buyers this mean that now more than ever they should seek the assistance of a professional Realtor to help them understand the market and be competitive as they approach the home buying process.
For sellers or anyone waiting for the right time to sell a home, this are very encouraging news as we enter into the new year. Homes are receiving an average of four offers, according to CAR’s 2012 Annual Housing Market Survey report. Forty-one percent of homes are selling without a discount too, which marks the highest number since 2005.

What are your resolutions for 2013?

Provided by Ana Hodge with Keller Williams Signature Partners.

Whether you live in Cobb County, Dekalb, or Fulton, we all look forward to the new year to accomplish some goals. Some lists are longer than some others; however, most of them are made of personal and professional goals that we would like to accomplish. Here are a few ideas to help you stay on track and make 2013 a very successful year.

New Year’s resolutions often begin with “I will lose five pounds” or “I promise to quit smoking.” But, without keeping the following suggestions in mind,
your resolutions may become nothing more than fodder for frustration.

Be committed.

You must think through what you want to change and commit yourself to the long-term process. You then need to come up with a realistic plan to help you reach your goals. For example, if you want to shed some pounds, create a weight-loss schedule and an achievable diet and exercise plan. If your family and friends are supportive, tell them about your goals. They can provide encouragement and reinforce your commitment to change.  If necessary, seek professional help to assist you.
Be prepared for setbacks.

Don’t think of them as complete failures, don’t dwell on them, and don’t let them make you give up your goals. After a setback, try to get back on track to reach your objective. Plan ahead on how you’ll deal with setbacks. For example, if you do have a cigarette when you’re trying to quit, your plan may include reviewing all the reasons you listed for wanting to stop smoking and why reaching that goal will make you happy.
Track your progress.

Motivate yourself by celebrating your successes and by getting positive feedback from supportive family and friends. A good approach is to evaluate yourself every week or two. However, don’t over-monitor yourself by doing a self-assessment every day. That’s just likely to end in frustration. Don’t compare yourself to others. Accomplish your goal in a way that’s best suited to you.

Click on the link below to see entire article.

New Year Resolutions

Buying a home?

The process of moving can be quite intimidating; that’s why having all the information and resources you need is fundamental to make your transition as smooth as possible. Click on the link below to get access to market trends in your desired area. A home is a big investment, one that will impact you and your family life in a great manner, so before you purchase your next home look at the information I have for you. I hope it can be of your benefit as much as it has been for many of my clients.

Market Insider

Kennesaw Homes Market Report

Kennesaw, GA Home Prices and Market Trends brought to you by Ana Hodge with Keller Williams Signature Partners in Marietta GA. You can also find more reports like this for your specific area on my web-site www.buyahomeatl.com

Is it a good time to list my home for sale in Kennesaw?

Just as we saw with some other areas near Atlanta, list and sales prices continue to increase  in Kennesaw. During the month of November list prices increased by 1.59% from October while sales prices increased by 0.42 percent. The median list price in November for single family homes in Kennesaw is $325,000. The median sale price in July for single family homes is $236,000.  The price per square foot for listings in this area averages $113. while theprice per square foot for sales in this area is $63. As you can see on the below graph, both list prices and sell prices continue to climb.

When thinking about listing your home for sell you should keep in mind that price is one of the most important factors that will determine success for you as a seller.  A professional real estate consultant will not only list your home but will price it right so you can get as much money as you can in the shortest amount of time. This graph shows the disparity between list and sale price which is not a surprise because of the high volume of distress properties that are in the market right now.

 

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Market Inventory trends

The number of active listings in Kennesaw dropped by 2.1% from the previous month. The median number of days active properties have been listed is 69. This is significantly shorter than the national average and great news for anyone considering listing a home for sale.

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