Archive for December 1, 2011

Looking for more storage in your home? Check this out!

Visit houselogic.com for more articles like this.

Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

Foreclosure Homes are moving off the market quickly.

Homes are moving off the market faster now than before.  Read more here:

 

http://www.dsnews.com/articles/reo-properties-are-moving-faster-survey-2011-12-20

Shadow Foreclosure Inventory – Read More…

Looks like there is more foreclosure inventory that will be released this coming year.  Read the below article to find out more.

 

http://www.housingwire.com/2011/12/21/shadow-inventory-remains-unchanged-from-july-at-1-6-million-units

 

 

Market Report for Monroe, Georgia – Update for the end of 2011.

  • There are currently 294 homes listed for sale in Monroe, GA.   The average list price is $188,745 with a price range of $12,000 up to $4,500,000.
  • There have been 36 properties sold in the past 30 days with an average price of $113,241 and a range of $16,865 up to $320,000.   The average time on the market for these homes was 108 days.
  • There are currently 21 homes under contract with a list price range of $13,900 up to $164,900.

 

END OF YEAR:

  • There have been 294 homes listed for sale in Monroe from 12/16/2010 – 12/16/2011.  The average price is $188,745 with 162 days average on the market.
  • There were 437 properties sold in Monroe with the average sales price of $115,228 and an average marketing time of 113 days.

 

A LOOK BACK IN TIME:

What was happening in the market in 2006?  Lets find out:

  • Listings were 294 with an average list price of $188,745 and average days on market were 162
  • There were 808 homes sold with an average sales price of $173,704 with an average of 91 days on the market.

 

HUD Homes for sale in TUCKER, GEORGIA

Click the link above to view the HUD HOMES for sale in Tucker, Georgia

HUD Homes for sale in Suwanee Georgia

Click the link above to view the HUD HOMES For sale in Suwanee, Georgia

Suwanee to get a New Police Substation to be completed in 2012

The Suwannee City council met Tuesday 11/29 and agreed to begin construction on a 7,100 square foot substation and training facility.  It will be located at 2996 Lawrenceville-Suwanee Road and work is to begin before the end of December or in early January.   The total project will take about eight months.  The project will cost $1.6 million and the contract is with Hogan Construction Group of Norcross.

Great Post today about BAILOUT from Federal Reserve!

This is a great video to put into perspective what is happening with our government that most people don’t know or some know and avoid!

We need to take the time to get involved and learn what is going on!

Cuts at the GSE? After receiving a $13 Million Performance Bonus!

After top executives at Fannie Mae and Freddie Mac received nearly $13 million in performance bonuses, the two firms spent 2011 shedding personnel and administrative expenses, according to testimony posted in advance of a Thursday afternoon hearing before a House subcommittee.

 

Read More at the Site: http://www.housingwire.com/2011/11/30/2011-a-year-of-cuts-at-the-gses