Athens, GA Real Estate News

In Athens -Clarke County, GA, for the week ending June 7, 2009 the real estate market looks like this: There are 1798 active listings of which 1521 are residential, 21 are farm and land. There are 192 listings under contract. There have been 17 closed sales duiring the period of June 1 - June 7, 2009, all of which were residential. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com. Note: All data is taken from the Athens Area Association of Realtors MLS system and accurate as of one day after the reporting period.
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(edit/delete) May 2009 residential real estate sales volume in Athens - Clarke County, GA showed another large decline of over 6% in the 12 month sliding sales volume from April.  The average Days on Market (D.O.M.) rose again by almost 3%. Both the average and the median sales prices remained virtually flat, again, and are still both above what they were a year ago. At the end of May there were 187 pending sales of residential property in Athens - Clarke County. Residential properties include single family homes, duplexes, triplexes, condos, townhouses, mobile and manufactured homes. The following table shows the sliding 12 month residential sales volume in Athens-Clarke County over the last 12 months:      Athens          Date DOM  Average     Median    # sold 1-Jun-08 174  $168,257.0...
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In Athens -Clarke County, GA, for the week ending May 31, 2009 the real estate market looks like this: There are 1793 active listings of which 1513 are residential, 22 are farm and land. There are 200 listings under contract. There have been 17 closed sales duiring the period of May 24 - May 31, 2009, 12 of which were residential. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com.
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In Athens -Clarke County, GA, for the week ending May 24, 2009 the real estate market looks like this: There are 1805 active listings of which 1518 are residential, 22 are farm and land. There are 207 listings under contract. There have been 22 closed sales duiring the period of May 17 - May 24, 2009, all of which were residential. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com.
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Athens Ga has been ranked #5 on Kiplinger's Best Cities List for 2009. Job and economic stability were both major factors in determining the list. The annual list evaluates 361 metropolitan areas each year against a set of criteria developed by Kevin Stolarick. Athens, the home of the University of Georgia, has always rated well but in this time of economic downturn and stress has climbed well up in the rankings. The Classic City has a long list of features that contribute to this ranking including: it is a regional medical hub the University of Georgia and ancillary services a good manufacturing base a thriving downtown with many excellent restaurants an active music scene a strong and creative arts community Athens is also conveniently located to Atlanta, the north Georgia mountains a...
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By Paul & Jerri Stracener
(RE/MAX Associates Athens)
This article from the Washington Post today... http://www.washingtonpost.com/wp-dyn/content/article/2009/05/22/AR2009052201483.html If home buyers are given a bridge loan to use as a down payment, this will certainly help many first time buyers be able to buy a home.
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The Associated Press released it's interactive economic stress map, a map of every county in the U.S. and how it scores on the economic stress index. Athens-Clarke County GA scores and 8.02, which is one of the lowest (and best) scores in the country. The five counties that make up the Greater Athens Metropolitan Area, Clarke, Oconee, Oglethorpe, Madison and Jackson all score low on the index. These great economic scores are attributable to the presence of the University of Georgia and the state and federal government jobs that come along with it. The Athens area is benefiting from the University presence by lower unemployment rates than both the state and national averages. Additionally, it has not been hit as hard by falling property prices and the foreclosure rates of other areas. Yo...
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In Athens -Clarke County, GA, for the week ending May 17, 2009 the real estate market looks like this: There are 1799 active listings of which 1508 are residential, 22 are farm and land. There are 197 listings under contract. There have been 15 closed sales duiring the period of May 10 May 17, 2009, all of which were residential. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com.
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In Athens -Clarke County, GA, for the week ending May 10, 2009 the real estate market looks like this: There are 1796 active listings of which 11511 are residential, 22 are farm and land. There are 188 listings under contract. There have been 20 closed sales duiring the period of May 3 May 10, 2009, 19 of which were residential and one which was farm or land. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com.
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Apr 2009 residential real estate sales volume in Athens - Clarke County, GA showed a decline of almost 5r.8% in the 12 month sliding sales volume from March.  The average Days on Market (D.O.M.) rose again by almost 2%. Both the average and the median sales prices remained virtually flat and are both above what they were a year ago. At the end of Apr there were 168 pending sales of residential property in Athens - Clarke County. Residential properties include single family homes, duplexes, triplexes, condos, townhouses, mobile and manufactured homes. The following table shows the sliding 12 month residential sales volume in Athens-Clarke County over the last 12 months:        Athens          Date DOM  Average     Median    # sold 1-May-08 173  $166,500.00    $140,000.00   1484 1-Jun-08...
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Georgia Governor Sonny Perdue, yesterday, signed a Georgia home buyers tax credit on the day before the deadline for his signature. If he had not signed it, the bill would have become the victim of the "pocket veto". Governor Perdue's signature was in doubt but some last minute legislative lobbying and discussions managed to convince the governor to sign the bill. The bill, HB 261, provides a one time tax credit to the buyers of single family homes, in Georgia between June 1, 2009 and Nov. 30, 2009. It is independant of the federal income tax credit of $8000. The credit is available to all home buyers, not just first time buyers. The credit amounts to 1.2% of the purchase price, or $1800, whicheve is less. It is granted over a period of three consecutive years. For more information abou...
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By Paul & Jerri Stracener
(RE/MAX Associates Athens)
Here is an summary of the consequences of foreclosure, deed in lieu and short sale: BUYING A HOUSE:  A homeowner who loses a home to Foreclosure is inelegible for a Fannie Mae backed mortgage for a period of 5 years.  A homeowner who successfully negotiates and closes a short sale will be elegible for a Fannie Mae backed mortgage after only 2 years. INVESTOR:  An investor who allows a property to go to Foreclosure is ineligible for a Fannie Mae backed investment mortgage for a period of 7 years.  An investor who successfully negotiates and closes a short sale will be eligible for a Fannie Mae backed investment mortgage after only 2 years. APPLYING FOR A LOAN:  On any future 1003 application, a prospective borrower will have to answer YES to question C in Section VIII of the standard 10...
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In Athens -Clarke County, GA, for the week ending May 3, 2009 the real estate market looks like this: There are 1763 active listings of which 1484 are residential, 21 are farm and land. There are 168 listings under contract. There have been 17 closed sales duiring the period of Apr. 27 - May 3, 2009, all of which were residential. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com.
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In Athens -Clarke County, GA, for the week ending April 26, 2009 the real estate market looks like this: There are 1772 active listings of which 1504 are residential, 19 are farm and land. There are 167 listings under contract. There have been 6 closed sales duiring this period, all of which were residential. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com.
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In it's just released annual list of best places for employment, Athens - Clarke County Georgia is ranked #11. This list is an annual study and comparison of 333 Metropolitan Statistical Areas (MSA's) as designated by the Bureau of Labor Statistics. Additionally, while ranked 11th overall, Athens - Clarke County is rated #7 on the Forbes list of Best Small Cities for Jobs. To find out more about how these ratings are determined and who did the rating you can read the complete Forbes article. The Athens MSA includes of Athens - Clarke County, Oconee, Madison and Oglethorpe Counties. For more information on the Athens area, or if you are interested in buying or selling a home in the Greater Athens and surrounding counties area, call me at 706-207-5290. You can also click here to email me ...
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In Athens -Clarke County, GA, for the week ending April 19, 2009 the real estate market looks like this: There are 1783 active listings of which 1514 are residential, 19 are farm and land. There are 161 listings under contract. There have been 6 closed sales duiring this period, 4 of these listings were residential. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com.
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In Athens -Clarke County, GA, for the week ending April 12, 2009 the real estate market looks like this: There are 1735 active listings of which 1488 are residential, 18 are farm and land. There are 164 listings under contract. There have been 10 closed sales, all 10 of them were residential. For more information on Athens, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Athens, please visit my website www.theathensrealestatepage.com.
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The University of Georgia Block and Bridle Club hosts the 35th Annaul Great Southland Stampede Rodeo April 16 - 18 at the Livestock Instructional Arena on South Milledge Ave. This is the only on the Professional Rodeo Cowboys Association circuit that is completely run by students. There will be exhibits and entertainment for children and adults. Friday night is "Tough Enough to Wear Pink Night" —  where $1  is donated to the HOPE Foundation for every person buying a ticket that wears a pink shirt. Access opens each night at 6:00 P.M. and the activities start at 8:00 P.M. each evening. For ticket and schedule information you can to the the Great Southland Stampede website or call (706) 542-9374. Yeehah buckaroos! For more information on events in and around Athens, GA, or if you are inte...
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  For one day only, on Wednesday, April 22 at 7:30 P.M., the L. Frank Baum children's classic comes to life at the Classic Center in Athens, GA. This is the last production in the 2008-2009 Broadway Series. 12 local students from the Oconee Youth School of Performance will be featured as "munchkins". Tickets are available now. For more information on ticket availability for The Wizard of Oz or other events you can call the classic center at 800-864-4160 or you can go to the Classic Center website. And remember Pay no attention to that man behind the curtain!  
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March 2009 residential real estate sales volume in Athens - Clarke County, GA showed a decline of over 3% in the 12 month sliding sales volume. The average Days on Market (D.O.M.) rose slightly. The average sales price experienced a slight increase while the median sales price declined. Both the average and median prices are above what they were one year ago. At the end of March there were 126 pending sales of residential property in Athens - Clarke County. Residential properties include single family homes, duplexes, triplexes, condos, townhouses, mobile and manufactured homes. The following table shows the sliding 12 month residential sales volume in Athens-Clarke County over the last 12 months:      Athens          Date DOM  Average     Median    # sold 1-Apr-08 172  $165,930.00    $...
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