Georgia Real Estate

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New Home Sales Drop  On the heels of the S&P/Case-Shiller report yesterday, the Commerce Department said sales fell 7.6 percent to a 342,000 unit annual rate from an upwardly revised 370,000 units in November. It was the second straight month that new home sales declined.  Analysts polled by Reut...
FILING FOR HOMESTEAD EXEMPTION IN 2010 Homeowners may need to provide their Warranty Deed book and page, proof of residence, social security numbers, driver's license and car tag info Fulton County - deadline is April 1, 2010 404-612-6440
Good News for Real Estate   Finally there is some good news for real estate. Contrary to what you hear on the popular media, all isn't as bleak as it initially appears - in fact, there is some downright good news when it comes to housing affordability. Let's take a few minutes to explore the curr...
Is reducing mortgage principal a good idea?  Many critics of the Obama administration's mortgage loan-modification program say it won't work because it doesn't do enough to address "negative equity," the plight of people who owe more on their home loans than the current value of those properties....
New home sector to remain weak  Fitch Ratings analysts say public builders will need to maintain tight controls over costs and expenses in 2010.  On the positive side are an ever-increasing pent-up demand for new homes coupled with affordability at record highs.  New home data showed spring 2009 ...
If your asking your self - "Why didn't my short sale close it was a good offer" Maybe this is the ansewer. Eric Reid Managing Broker / Renaissance Realty Group Office 770-277-6652 eFax 404-795-1009
What caused the housing bubble? In a monthly survey of business economists by the  Wall Street Journal, 42 said low interest rates were partly to blame for the housing boom while 12 sided with Mr. Bernanke, who said they weren't. Academic economists who specialize in monetary policy were split in...
Option ARMs feeding foreclosures  There are no specific numbers on how many option ARM loans there are. But analysts estimate that as many as 1.3 million borrowers took out $389 billion in option ARMs in 2004 and 2005 alone.  Many of those option ARM loans have already re-adjusted to higher payme...
Renaissance Realty Group, Inc. | Renaissance Realty Group | 770-277-6652 Saxon Valley Circle, Atlanta, GA Bank Owned Foreclosure. Luxury home in Buckhead 4BR/3+1BA Single Family House offered at $419,000 Year Built 2003 Sq Footage 2,250 Bedrooms 4 Bathrooms 3 full, 1 partial Floors 3 Parking 2 C...
Renaissance Realty Group, Inc. | Renaissance Realty Group | 770-277-6652 1087 Gwens Trail, Lilburn, GA Bank owned foreclosure. Great school district. Fixer upper and priced to move. 4BR/2+1BA Single Family House offered at $128,000 Year Built 1983 Sq Footage 2,403 Bedrooms 4 Bathrooms 2 full, 1 ...

Eric Reid

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