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August 2013

There are 3 blog entries for August 2013.

Atlanta Real Estate Market Update for August 2013

The real estate market in Atlanta is on fire!  It's still a heavy seller's market for homes under $450,000 in Gwinnett County.  It's also a great move-up market.  Those that have homes under $250,000 can easily sell their home for the most they've been in 10 years and move up to past $450,000 where it's still a buyer's market.  With the low interest rates you really can't go wrong!

Seller's Beware!  New Construction Is Coming!

Although it's still a seller's market and prices are rising, waiting COULD COST you!  New Construction is coming and it will be very hard to compete with.   Keep in mind that not only are new homes considered "better" then older homes, but you're dealing with a builder

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We've been talking about this for months, about  what home buyers will do to get the home.  It's not uncommon for multiple offers to occur at prices that are below the median price point.  What we find with this study is that not only are our assumptions correct, but look at one of those stats, up to 4% will pay 10% over list price! Notice also that 38% of buyers are willing to go over the list price.  The one missing stat here is what buyers that did not go over list price, won the home.

The moral of the story is that it is a competitive market especially for first time home buyers.  Let us help you!

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Home Selling Mistakes3 Common Homes Seller Mistakes or we could say 3 Common Mistakes "GREEDY" Home Sellers Make as the real title of this one.  It's greed or ignorance that causes these decisions.  I know that's really a lot of tough love right out of the gate, but don't you deserve the truth? Right now it's 2013 and we've had 2 full quarters of increase in sold prices!  The market for the first time in the 11 years I've been doing real estate has shifted to a home sellers market.  However, with great power comes great responsibility.

Home Seller Mistake #1: Overpricing the Home

Everyone falls for this one.  It starts like this - you're out walking the dog and you see your neighbors home for sell and pull the flyer and it's listed at a price that you'd love to sell

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