FIRST-TIME HOMEBUYER TAX CREDIT - Information from the American Recovery and Reinvestment Act of 2009 Up to a $8000 tax credit to First Time Homebuyers The provisions in the bill pertaining to the tax credit for first time home buyers are as follows: The $8000 tax credit is available only fo
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03/02/2009
This past week I have seen a lot more activity in the Cumming Real Estate Market than in the prior 6 months. One buyer I represent put an offer on a home in the Highlands at Sawnee Mountain and that home had two other offers on it. Then this morning I started calling to set up my showings for t
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02/27/2009
Today I was comparing recent rental rates compared to purchase prices for property in Alpharetta - just off Holcomb Bridge Road. Here is one example I what looks like a pretty good investment to consider Asking Price on a Condo - Great Location $69,900 Rental rates in the community $900 - 1000 p
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02/24/2009
Wow - this is a great time to buy a home - and it is getting better. Today there is already a lot of inventory on the market, which has driven prices down. Additionally, interest rates are below 5%. Now, the U.S. Senate unanimously approved an amendment to implement a $15,000 tax credit to ind
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02/06/2009
I am holding an open house in Cumming this Sunday from 2:00-5:00 - you are invited. Stop by to see a great townhome, with 3 finished levels, a gourmet kitchen with Granite Countertops, a garage and a great backyard - in a gated community for under $180K. This home is immacualte. Call John Fost
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02/05/2009
The national association of Realtors just released that the Pending (homes under contract) home sales for the end of December increased 6.3% - that is great news. The buyers were primarily buying homes at steep discounts, and one of the areas was in the south. This is consistent with what I have
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02/03/2009
The Biggest Mistakes Sellers make when selling a home in Cumming and Alpharetta in this market Biggest Mistake: There is one item that stops a home from selling more than any other factor. When Sellers list their homes in Cumming and Alpharetta, the single biggest mistake I see is the listing p
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01/31/2009
Local Markets: The saying that all real estate is local is very true, but in todays market the price of the home determines the supply of inventory of homes. Yesterday and today I called to see if I could show a total of 11 homes in Cumming and Alpharetta, and in talking with the listing agents
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01/31/2009
I have been looking at the Swim/Tennis community of Chadbourne in Alpharetta. This subdivision is located close to the technology centers off Windward Parkway (like McKesson, Choicepoint, AT&T and UPS) and is close to HWY 400 and has low Forsyth County taxes. I sell a lot of homes in Chadbourne
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01/29/2009
We say good buy (pun intended) to 2008 and look forward to 2009 these are my thoughts on the market in North Atlanta, specifically the real estate market in Alpharetta, Cumming and Suwanee Ga. No doubt that 2008 was a tough year compared to 2007 - the credit markets changed considerably, the econ
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01/16/2009