Fairburn, GA Real Estate News

By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Judy's Restaurant in Downtown Fairburn - Good Old Fashion Breakfast     This morning I took a moment to enjoy a great breakfast at Judy's in downtown Fairburn.  Judy's is a local food favorite in Fairburn and serves breakfast and lunch six days per week.  I enjoyed their breakfast special this morning filled with Southern staples.  Grits, scrambled eggs, biscuits and hot links.  My beverage of choice was Judy's sweet tea. And the price was right for folks enjoying food in this Fairburn favorite - $4.50 for the plate.  Judy's has other meat choices available for breakfast - bacon, sausage, salmon patties, country ham, and stricklean (for those true Southerners who enjoy extra salt).   Judy's in Fairburn is not exactly your calorie conscious food but just good tasting dishes we like in th...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
Fairburn GA Short Sale Houses - Builder Short Sale in Fairburn GA Welcome to our Fairburn real estate website including Fairburn GA Short Sale Houses. Here you will be able to search all homes for sale in the Fairburn GA real estate MLS. This includes all Fairburn GA properties for sale such as houses, condominiums and homes and also includes HUD Homes, short-sales and foreclosures. If you are ready to buy or sell a house, we can help you out as a Fairburn GA real estate agent which includes Fairburn GA Short Sale Houses. If you see a house you want more information on or would like to schedule a showing, be sure to call The Mark Spain Team, a great Fairburn Realtor, at 770-886-9000. If you would like to buy a new Fairburn Georgia home, we can get you in contact with Fairburn Georgia ho...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
There are a myriad of changes happening with FHA, and they seems to suggest that the US government is pulling back from the business of housing and handing housing back to the free market.  Here are the changes scheduled to affect buyers using FHA starting in April 2012. The Upfront Premium will go up from 1.0% to 1.75%.  A three quarter percentage points increase is huge.  While FHA is continuing to allow borrowers to add this amount into their closing costs, there is concern that buyers will have to bring more cash to the table to close in the coming months.  And this change comes as we start to see some serious improvement in buyer activity. Also the monthly MIP will change so that a 30 year fixed rate mortgage with a 95% or greater LTV (Loan to Value) will have a 1.25% monthly MIP a...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Georgia Dream - Twenty One Month Interest Rate Low - 3.875% and 4.125% The interest rates for the Georgia Dream Homeownership Program dropped to a twenty one month low on Thursday, March 15th.  The Georgia Dream first mortgage rate dropped to 3.875% and the Georgia Dream first mortgage rate combined with the down payment loan dropped to 4.125%.  These rates are the lowest we have seen for the Georgia Dream Homeownership Program in a while.  Previous rates during the same period have been as high as 5.25% for the first mortgage and 5.50% for the first mortgage with down payment loan. Georgia Dream - Twenty One Month Interest Rate Low - 3.875% and 4.125% Why the change?  Georgia Dream is remaining competitive.  The drop signifies that Georgia Dream is working to be more competitive with t...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Georgia Dream - Helping Buyers Become Real Homeowners Georgia Dream continues to be a very good solution for buyers looking to become homeowners with minimal resources.  The Georgia Dream First Mortgage combined with a Georgia Dream Down Payment Loan is providing financial resources to help many buyers in Georgia looking to occupy their own home. Georgia Dream - Helping Buyers Become Real Homeowners Georgia Dream Down Payment Loans provide $5000 to first time home buyers who meet certain requirements.  The requirements to receive funds from the Georgia Dream Home Buyer Programs include certain income restrictions, home buyer education, minimum middle credit scores, and seller participation in the program.  Additional funds are available for healthcare workers, public safety employees an...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
HUD Home - Fairburn GA 30213 - 4090 Oriole Lane - $79,000 This HUD home in Fairburn GA is located very close to downtown in the Avalon subdivision.  The HUD home features three bedrooms, two and half bathrooms, in over 2300 square feet of space.  This one is a SUPER bargain for the first time home buyer or investor.  Call 404 923 4210 extension 1 for immediate information. HUD Home - Fairburn GA 30213 - 4090 Oriole Lane - $79,000 The HUD home was built in 2007 and originally sold for $188,000.  And you can get it today at a 54% discount.  It just makes since to take advantage of the bargain found in this HUD home in Fairburn GA.  Call 404 923 4210 extension 1 for immediate information. HUD Home - Fairburn GA 30213 - 4090 Oriole Lane - $79,000 We are a Certified HUD Selling Broker, and w...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
HUD Home - Fairburn GA 30213 - 325 Buckingham Lane - $120,000 - 4 Bed/2.5 Bath! What a deal on this large HUD home with over 3000 square feet of space!  Plenty of space for the first time home buyer!  And a good deal for an investor as well.  Call 404-923-4210 extension 1 for more information! HUD Home - Fairburn GA 30213 - 325 Buckingham Lane - $120,000 - 4 Bed/2.5 Bath! Ask about the HUD $100 Down Program for owner occupant buyers using an FHA mortgage!  Call 404-923-4210 ext 1 for more information on this HUD home! HUD Home - Fairburn GA 30213 - 325 Buckingham Terrace - $120,000 - 4 Bed/2.5 Bath! This one needs a repair to the AC unit that is estimated to cost $330.  Not bad for 2800 square feet of space.  Call 404-923-4210 ext 1 for more information on this HUD home! Contact our off...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Fairburn GA HUD Home - Spoleto Loop - Ready to Move In  This large Fairburn GA HUD Home is just listed and the asking price is $130,000.  Talk about space - this Fairburn GA HUD Home has space and so much more.  3300 square feet of space for $130,000.  There are a few repairs but that will stop a smart buyer from taking over the HUD market.  Use the FHA 203b on this Fairburn GA HUD Home.  Call 404 246 3210 for more information now!    
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Metro Atlanta Buyers - Your 2011 Tax Refund Can Help You Get Your First Home Many people have filed their tax returns in expectation of a refund.  Most have already planned what they want to do with the refund once it is received.  Some smart choices are to pay off or pay down credit card debt, pay off or pay down a car loan or pay off any small debts and use the rest for savings.  While all of those are great ideas and certainly rank above buying a new 50 inch flat screen television, a good choice to consider is using the funds to help finance the purchase of your first home. Metro Atlant Buyers - Your 2011 Tax Refund Can Help You Get Your First Home The first step is to establish a loan commitment from a lender or mortgage broker.  The loan commitment letter is a solid preapproval and...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Fairburn GA - Single Family Homes Off to a Mixed Start in 2012   For the single family real estate market in Fairburn GA, there is good and there is bad for the month of January.  First the bad - the average sales price took another dip when comparing 2012 to 2011.  The Average Sales Price for January 2012 was $102,182, and for January 2011 it was $139,691 - down a whopping 26.9%.  I was honestly hopeful that this number would go up in light of the new construction in the city, but the distressed sales won out.  So single family homeowners in Fairburn GA continue to lose equity in their properties.  New foreclosures were down, and the coming months should reflect the positive trend we need in the average sales price of single family homes in Fairburn, GA. The good news is that single fa...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Fairburn 30213 - Five Year Review - Single Family Homes In this report, we are taking a look at the Fairburn 30213 real estate market from 2007 to 2011.  The data was compiled using Georgia MLS.  The Fairburn 30213 real estate market has had some bright spots over the past five years but still has significant room for growth in its home values.  And it is not so much an improvement via growth but more of an improvement where lost value is being restored to homeowners.   The  weird thing is even in the midst of growing foreclosures in 2009, buyers were still entering into the new construction homes which helped to boost the average sales price.  The data suggests that 2010 was somewhat of a bottom in the Fairburn real estate market.  However, the 2011 numbers point to another drop in val...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Fabulous Fairburn GA HUD Home - 8315 Milam Loop - $85,000 - over 2800 square feet of space! You got it!  For $100 Down, get five bedrooms and three full bathrooms and one half bathroom in this fab Fairburn HUD Home!  Call 404 246 3210 for more information about Fairburn GA HUD Homes. This fabulous Fairburn GA HUD Home has some minor repairs.  But not to worry because the cost can be added to your mortgage using the FHA 203b repair financing for your fabulous Fairburn HUD Home.  Call 404 246 3210 for more information about Fairburn GA HUD Homes. Only minutes from I 85 this fabulous Fairburn GA HUD Home is located close to everything and only a 15 minute drive to downtown Atlanta.  Call 404 246 3210 for more information about this Fairburn GA HUD Home. Check out more HUD Homes at www.hudh...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Fairburn GA HUD Home - 3423 Ebb Circle - Over 3200 Sq Ft - $79,500 Where in the world can you find this much space for this price?  In Fairburn GA of course! This Fairburn GA HUD home was built in 2008 and has six bedrooms and four full bathrooms. Run, don't walk and get this Fariburn GA HUD Home NOW!!!   And use the HUD $100 Down Program to buy this Fairburn GA HUD Home. The repairs on this Fairburn GA HUD Home are listed at $4400 and are detailed below.   Don't worry!  Use the FHA 203b Financing to get your repairs done on this Fairburn GA HUD Home! For more information on HUD Homes in Fairburn GA, please call 404 246 3210 or 404 923 4210.  Thank you!  Or go to www.hudhomestore.com. 
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Market Report - Fairburn 30213 Single Family Homes - 2010 vs. 2011 Closed Sales year to date are up 4.38% for single family properties in Fairburn GA when comparing 2010 versus 2011.  This is good news for Fairburn and shows that buyers are increasingly interested in Fairburn real estate.  Fairburn continues to be a great destination in metro Atlanta with close proximity to Interstate 85 and Hartsfield Jackson International Airport.  Schools continue to improve in the area as well making Fairburn single family homes desirable for buyers with children.       Market Report - Fairburn 30213 Single Family Homes - 2010 vs. 2011 Conversely closed sales volume year to date is down by 4.39% for single family properties in Fairburn GA when comparing 2010 versus 2011.  So we are selling more home...
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By Elva Branson-Lee, CDPE - Atlanta Real Estate & Short Sale Agent
(Solid Source Realty GA)
Fairburn Georgia Real Estate Market Spotlight- October 2011 Fairburn Georgia is primarily a bedroom community of single family residences, located in a fast-growing area slightly south and west of Atlanta’s Hartsfield-Jackson International airport. Buyers and sellers need accurate and up-to-the minute local information when making a major decision such as whether to buy or sell a Fairburn home. This market report may help you understand the Fairburn Georgia real estate market  current conditions and recent trends  -- essential  knowledge in order to make informed decisions. There are currently 241 homes for sale in Fairburn Georgia, priced from an incredible $11,300 to $1, 562,500!! What a range. The vast majority of Fairburn GA homes can be purchased for under $250,000. Interestingly, ...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Buying a HUD Home in Fairburn GA? - Here's How To Make An Offer Once you have searched the Fairburn GA HUD Home listings and worked with a Fairburn GA HUD Certified Selling Broker to preview the properties that most interest you, it's time to make an offer.  You have looked at the list price and you want to know what advice I have for your offer price.  Here's my response. The nicer the Fairburn GA HUD Home property (the fewer repairs, the better the location) the more buyers get attracted to the listing.  So there will be multiple bids. If the property is priced correctly or below market and we are beyond the initial phase of bidding, you will have competition from owner occupant buyers and from investors. Based on the state of the property, what you are willing to handle in terms of r...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Market Report for Fairburn GA - More Improvement in September 2011 I continue to be impressed with the Fairburn GA real estate market.  Fairburn GA has most of its acreage in Fulton County but some of it spills over into Fayette County on the east side.  There are two key indicators from September 2011 data that point to more improvement in the Fairburn GA real estate market - closed sales and closed sales volume.  Both of these key indicators had year over year improvement in September 2011 compared to September 2010.  The numbers represent the activity in single family homes. Closed Sales in September 2011 in Fairburn GA were up by 19.2% versus September 2010 closed sales.  31 transactions closed in September 2011.  Fairburn certainly needs all of the boost it can get in the real esta...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Fairburn GA HUD Home - 7527 Waverly Loop in Parks at Cedar Grove This Fairburn GA HUD Home has three bedrooms, two and half bathrooms, and is waiting for a new owner.  The home in Parks at Cedar Grove subdivision is priced at $55,000!  Wow - over 1700 square feet of space and just about move in ready!  Check out the rear entrance to the two car garage.  Pretty cool.  Minutes from Hartsfield Jackson International Airport and South Fulton Parkway shopping at the Publix Plaza.  For more information on this Fairburn GA HUD Home, give me a call at 404 923 4210 or 404 246 3210. Or click here.   Fairburn GA HUD Home - 7527 Waverly Loop in Parks at Cedar Grove This Fairburn GA HUD Home listing is new and bids from owner occupants are being accepted until 10/14/11.  Current there are no repairs ...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Fairburn GA HUD Home - 8275 Champion Trail in Cobblestone Glen This Fairburn GA HUD Home just had a $14,630 price drop to $62,370!  This one is perfect for the first time buyer transitioning from apartment life to a new home.  With three bedrooms, two and half bathrooms in 1700 square feet of space, buyers, make yourself at home.  The Cobblestone Glen subdivision is a few miles south of downtown Fairburn.  The floorplan is open with vaulted ceilings and a large master suite.  For more information call our office at 404 923 4210 or call my direct line at 404 246 3210.   Fairburn GA HUD Home - 8275 Champion Trail in Cobblestone Glen This Fairburn GA HUD Home needs some repairs.  Two major repairs are cited on the escrow page.  1) Replace the air conditioning unit is estimated at $1926 and...
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By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Market Report - Faiburn Ga Single Family Sales - August 2010 vs. August 2011 The news for Fairburn single family real estate is fabulous.  The trend is pointed in the right direction, and here are the numbers to prove it.   Pending Sales were up in August by 15% over last year for Fairburn single family homes.  46 properties pending closing in August 2011 versus 40 properties in August in 2010.  There are great deals in Fairburn, especially on REOs and short sales.  Buyers are taking advantage of these deals and helping the Fairburn real estate recovery. Closed Sales were up a whopping 79% in August of 2011 as compared to August 2010.  43 transactions closed in August of this year as compared to 24 transactions in August of last year.  Fairburn says, 'recovery here we come!' Average Sal...
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