Donna Robinson's (donnarob) Blog

There seems to be a definite turn in the situation between delinquent borrowers and the banks. The banks have finally it seems, "given up the ghost", as we say in the deep south. Between a long housing downturn, record foreclosure rates and unemployment, my recent transactions are all indicating ...

The internet has changed the real estate business completely over the last 10 years. When I was licensed back in 1996, the best MLS listings were not online. Buyers had to contact a broker to find out which homes were for sale, and brokers had printed real estate books that the office owned and c...

I work extensively with real estate investors, and I am an investor myself as well as being a licensed agent. Many of my investor friends are also licensed agents, and are in many cases, members of their local board of Realxxx's (not spelling out the "R word" so as to save the NAR the trouble of ...

No sign of rising home values in northwest Georgia, which is also the hardest hit sector of Georgia in terms of unemployment. Between the market meltdown, and the resulting job losses, values are stable at best, and still eroding in most areas. The opportunities for buyers to find deals in this a...

I was talking to a friend a few days ago who works for a legal firm in Atlanta that handles probably 75% of all the foreclosures in this market. It is his job to go to the courthouse and "cry out" the foreclosures for one of the counties in metro Atlanta.  In Georgia, as with most all "non-judici...

Foreclosures have been a leading problem in contributing to falling prices in the entire Georgia market. As of this writing Georgia was ranked number 1 in the nation for bank failures. Most banks it seems were tied to a siginficant amount of real estate construction. As the market deteriorates, i...

Yes market prices are near 30 year lows. In the Atlanta, GA market, many bank owned properties are being offered at 50% of their appraised values from the peak of the market in early 2006. The deals abound for first time buyers who want an affordable home. If buyers don't mind buying a home that ...