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The pretense that banks are concerned with distressed homeowners is all but gone, just ask any owner entangled in the short sale process. Despite their caring commercials, the only concern they have is their bottom line. This isn’t a new trend, in fact banks have been enjoying the fruits of the bail out for years; foreclosure to them is not...Read More.
Distressed home owners who are unhappy about their home being sold in a short sale are trying to sabotage the sale by purposely damaging the home to make it less appealing and valuable, according to officials with CoreLogic. We touched on this last year, the...Read More.
Do people know how win? There must be a fatalist dormant gene in all of us; an inherent trait that rises when things seem to be going too well or too poorly. This why Vegas always wins, why winners feel they’ll never lose and why losers...Read More.
Using our appraisal software, we analyzed data for a specific price range of homes in Lassiter, Pope and Walton High School districts. We focused on those listed between 400K-600K and looked back eighteen months. The ability to customize search criteria allows for a highly focused...Read More.
“That house, add the extra bedroom and super-size the family room”. The median new-home size in 2012 reached a record high at 2,306 square feet, according to newly released Census Bureau data. Forget the idea that getting smaller was anything more than a function of...Read More.
Is there an Atlanta housing bubble developing? Google “housing bubble” and you will see reports both for and against. Here in metro Atlanta, we also have a split decision as several markets are active at levels not seen in years while others remain stagnant. As...Read More.
Water never sleeps. Ever. It’s always looking for opportunity and unfortunately, opportunity is frequently found in and around homes. Georgia is notorious for its clay soils; poor drainage and epic mud. When water collects, it often takes significant time to properly drain – and contrary...Read More.
Is it wise to waive the appraisal contingency? Appraisals continues to cause aggita among many in the home buying process, is the answer to eliminate it? Current offers reflect the “now” while appraisals reflect the “then”; an inherent conflict especially in a transitional market. It...Read More.
“I don’t need to sell”…”I’ll just hold it and wait for the market to improve”…”These aren’t comparable”. In a very few short months, home sellers have their swagger back. While many are exploiting favorable market conditions, many others are repeating the sins of the past...Read More.
Where does the line between empirical research and hyperbole exist? “Research shows” or “Data proves” are frequently the opening line to something that ends up making a reader wonder just how “they” know that and if that certain conclusion can really be supported. And what...Read More.