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Whats going on? Atlanta Market Trends:

Atlanta and all of its surrounding areas are vast and different, therefore sales literally vary from neighborhood to neighborhood.  We must keep this in mind as we think about the overall housing market recovery.  While some areas will recover very quickly, it may take a little longer for others to recoup.  

As we all know, in the most recent years the Atlanta housing market has been flooded with foreclosed and short sale properties.  This unfortunate event of circumstances dropped home values dramatically and forced the traditional seller out of the market place.  As a result of these happenings Atlanta found itself in one of the nation's most unstable housing market environments.  But things appear to be turning around. Based on the most recent market data, a new trend is on the rise and it's good news for the Atlanta Housing Market!  Many Atlanta Regions are experiencing a housing shortage, and this shortage is forcing buyers to "compete" for the limited amount of available homes.  As a natural result of "supply and demand" this shortage coupled with healthy competition is causing home prices to rise and rise quickly!  On average, home prices are up in general at around 5% for the US's southeast region.  This is great because when home prices rise, the "traditional" seller can and will re-enter the market place resulting in a more stable housing market.  As I have been saying, sellers just hold tight a little longer, your time is coming back around!

Buyers of course may not see this news so positively, however the good news for buyers is that there will be more choices and often better choices available to the market.  Often foreclosures and short sales are not in the best condition and are in need of renovation or repairs. Traditional sales are more likely to be in well-maintained conditions.  The other perk of course is new construction.  Home building came to a halt when the market failed, as a result buyers couldn't buy new homes.  Contractors will build again when the market allows for a profit.  And besides buyers, in recent years you have had every opportunity available to scoop up a great deal, now its time to return to more stable times. After all, the housing market recovery will be one of the main economy stabilizers to the US therefore making things better for all of us!

Amie Bozeman, Atlanta Real Estate Pro
Email: amie@amiebozeman.com
Website: http://amiebozeman.com
Direct: 770-855-5590

RELOCATION DOESNT HAVE TO BE SCARY!!

Moving from one location to another can be a little frightening when you are considering big picture.  Moving your entire family to a new location, wondering about where to live, deciding on a great neighborhood with increasing values, figuring out what’s the best school environment for your children, pondering the costs of the actual move and the deposits for all utilities, etc, etc, etc…  

Admittedly relocating is a large task.  While many times it’s exciting to move from one location to another it can also be a bit daunting. However there are many resources available that can make your transition a smooth one.  When moving to a new city, whether you are buying or renting find a Realtor (your Local Expert) that will freely give you information about the area as well as connect you with local resources, lenders and utility companies.  When purchasing a property you will want to have ‘Buyer Representation’ so that your Realtor can share information with you about current home pricing trends and the local market so that you can make a good purchase.  

Being well prepared for a move can really help make the process less scary and more exciting.  Here are some great websites that will also help make your transition to a new area smooth one:


Real Estate use the Search Homes tab for all active properties: www.amiebozeman.com
Moving resource for utilities, movers, and more: http://movearoo.com/
Public and Private school reviews and report cards: http://www.greatschools.org/
United States Postal Service: https://www.usps.com/
Crime information by city and state: http://spotcrime.com/


Written by

Amie Bozeman, Atlanta Real Estate Pro
Email: amie@amiebozeman.com
Website: http://amiebozeman.com
Direct: 770-855-5590

SELLERS, GOOD NEWS!

The Free Market says its time to MOVE PRICES UP!!

 The housing market is showing less and less inventory coupled with more and more buyers looking for their perfect place!  In a Free Market society that says supply and demand dictate the prices, this is the perfect combination to bring housing prices back up to a more reasonable level. 

For the past several years in many markets the traditional seller has been stuck in an upside down mortgage.  This situation has forced many to loose their homes through foreclosures, loose their equity through short sales, become landlords in an effort to avoid the aforementioned or stay put missing out on the great deals the current market has to offer.

But hold on sellers, it looks as though the tide is finally shifting!  In the past several months, inventory has been so limited in some areas that sellers are finding themselves in multiple offer situations with several potential buyers fighting it out on paper to win their home.  Appraisers are recognizing the good old “supply and demand” scenarios, allowing prices to crawl in an upward motion.

Home prices can change quickly and each neighborhood is different.  If you are seller that has been “stuck” in your current home contact a Realtor today and have them re-evaluate your situation.  They may not be able to sell your home right away but together you can map out a plan to watch your neighborhood trends so that when the time is right for your home to sell you have a plan of action already in place.

Written by

Amie Bozeman, Atlanta Real Estate Pro
Email: amie@amiebozeman.com
Website: http://amiebozeman.com
Direct: 770-855-5590

One of Georgias Hot Spots: Buford, GA



You can find the city of Buford nestled just to the Northeast side of Atlanta with a driving distance of only about 30 minutes to Mid-town.  With its many activities and easy access to the big city of Atlanta, Buford has become one of Georgia’s most popular locations to live.  In 2012, according to Sterling’s Best Places, Buford has seen population growth at a rate of 23.14% since 2000 with the national average being only 8.07%.

Boasting of:
•    Affordable Housing Prices
•    Household medium incomes averaging from $75-100k
•    Top level GA public schools
•    Home to some of the best shopping in the region including the largest mall in the state; The Mall of GA
•    Having a vast variety of eateries from the finest to the most casual
•    Great theatre and entertainment
•    Many annual festivals
•    Easy access to the GA mountainous regions, nearby Lake Lanier and Coolray Field; home of the Gwinnett Braves

It’s not hard to see the many reasons for this city winning the popularity contest for many of Atlanta’s working commuters.

If you are taking on a new Atlanta career and need a close and convenient place to live or if looking for a great place to raise your family, consider Buford, GA.  As a local Realtor in Buford, I will be happy to introduce you to the area.  Send me an email or give me a call.  I look forward to hearing from you.


Written by

Amie Bozeman, Atlanta Real Estate Pro

Email: amie@amiebozeman.com

Website: http://amiebozeman.com

Direct: 770-855-5590

Buyers, What You Need to Know From Start to Finish

So many times I have been asked from a potential buyer “Just what is the process?”  Often, lifetime renters, newly weds, young college grads and the like are interested in buying a home but the process seems daunting with all of the “news” out there these days.  Often they think its too hard, or they wont be approved, or the banks are no longer lending; I just want to say its just NOT TRUE. While buying a home does have a few challenges is can easily be accomplished with the help of your local professionals.  Here's the process:

  1. Choose YOUR Realtor! One that is well informed about Real Estate, takes time to listen to your needs and concerns, that you feel comfortable sharing with, is a good personality fit, is of good reputation and that you feel you could easily work with.  **Realtor fees on listed properties are paid by the seller therefore its FREE for you as a buyer to use a Realtor!!
  2. Ask your Realtor to suggest a mortgage professional.  If you do not have cash on hand, you must be approved for a mortgage in order to buy.  A lender will be able to establish your eligibility by asking a few questions along with you providing some documentation (pay statements, tax returns, credit check, etc)
  3. Decide what price range you are comfortable with.  Your lender will not only let you know how much you are qualified for but also what to expect with your monthly payments so that you can decide on your comfort zone.
  4. Once you are approved and know what you want to spend YOUR HOME SEARCH begins!! Your Realtor will put together a personalized search just for you based on your desired criteria including price range, location, home size, school zones, subdivision amenities, etc etc. 
  5. Next you preview your selected properties with your Realtor so that you can decide on the property that best fits your needs.
  6. Once you decide on the property of your dreams, your Realtor will put together an offer for you.  The offer will include things such as the legal address, what you want to pay for the property, what date you would like to close, what requests you have from the seller, and more. The offer may be accepted right away or you may go into negotiations with some back and forth countering.  Once both parties agree you have a legal binding agreement to purchase that property.  If an agreement is not reached you start again at #4 until your home is found and fully negotiated for you.
  7. Once under contract your lender will process your loan, your closing attorney will prove clear title, you will perform any inspections that you choose and negotiate any desired repair items with the seller.
  8. Then comes the BIG DAY,  your closing! Here you will sign all of your lender docs with a Real Estate closing attorney, get your keys, and head HOME!!!

The process is fairly entailed but can be made simple with a Realtor by your side walking you through each and every step.  To get started, choose your Realtor and get ready to make your move!

Amie Bozeman, Atlanta Real Estate Pro

Email: amie@amiebozeman.com

Website: http://amiebozeman.com

Direct: 770-855-5590