MARKET UPDATE: Atlanta Winter Real Estate Market Brief

     Baby it’s cold outside! But things are heating up in the Atlanta real estate market. November 2013 metro Atlanta market reports are in & we’ve got a handy SlideShare presentation to keep you well informed. Check it out! You know you want to…

                   

               Atlanta Winter Real Estate Market Brief from House Connect, LLC

     So what does this mean for YOU? It means NOWS THE TIME TO SELL! Prices are up & inventory is down creating a HIGH demand for homes throughout Atlanta. Also, days on market dropped showing that you can sell quickly & hassle free. Not to mention, 94.2% of asking price was received! No more low balling to sell quickly! What are you waiting for? List for just $499 today with House Connect to save even more money! Take advantage of the current market & call us to List. Sell. Save today! 770.640.6800

We also offer plenty of Atlanta real estate tips online! Be sure to follow us on Facebook, Instagram, Google+, Twitter, & Pinterest as well as subscribing to this blog. We’re always sharing our insider tips on DIY renovations, home staging ideas, and real estate market trends to keep you ahead of the competition. Not to mention the money you’ll save in commission prices!

Please feel free to post comments, send emails, visit the House Connect website, or call us directly at 770-640-6800 for more info. We have dedicated, knowledgeable professionals waiting to assist you in selling your Atlanta real estate without the pricey commissions.

**House Connect is an flat fee Atlanta MLS listing agency offering an alternative to the high cost of selling your home. We offer a discount realty service which saves metro-Atlanta home owners thousands of dollars versus using the traditional real estate broker.

FAQ Series: How Does House Connect Profit From A $499 Flat Fee Listing?

     Since launching our discount realty company last year, our listing agents have run into a few common questions that home sellers have about our Flat fee MLS Atlanta listing service. House Connect Company President/Owner Mike Prewett has decided to take a minute to answer each question personally, via Google Hangout, so that Atlanta home sellers can better understand what a $499 Flat Fee MLS Listing can do for YOU!

How Does House Connect Make A Profit?

Check Out House Connect Online: 

We also offer plenty of real estate tips online! Be sure to follow us on Facebook, Google+, Twitter, & Pinterest as well as subscribing to this blog. We’re always sharing our market-insider tips on current trends, home renovations, and mortgage information to keep you ahead of the competition. Not to mention the money you’ll save in commission prices!

Please feel free to post comments, send emails, visit our social media pages and the House Connect website, or call us directly at 770-640-6800 for more info. We have dedicated, knowledgeable professionals waiting to assist you with selling your home without the pricey commissions.

**House Connect is an Atlanta real estate company offering an alternative to the high cost of selling your home. We offer a flat fee MLS listing service which can save thousands of dollars versus using the traditional real estate brokerage.

Qualified Mortgage & Ability to Repay in 2014: A Seller's Perspective

Next year a new set of mortgage rules amended to the Truth In Lending Act by the Consumer Financial Protection Bureau will go into effect, no doubt changing the home buying process. Here is a quick refresher course so that as a seller, you can know what to expect in your future real estate transactions.

Overview:

Home buyers often struggle to understand the type of monthly payment they can afford. If approved for a mortgage bigger than their wallets, results are likely to be delinquency & foreclosure, exemplary in the years leading up to the financial crisis. The Truth In Lending Act was established to hold banks accountable for the size of loans they approve & the documentation needed to support lending.

New Rules:

On January 10, 2014 an amendment to Regulation Z will go into effect requiring lenders to look at a consumer’s financial information and be sure the consumer has the ability to repay that loan. This rule creates a category of more stable loans called Qualified Mortgages and reduces the risk of reckless lender tactics such as “teaser” rates, negative amortization & loan terms longer than 30 years.

How this will affect Home Sellers:

In the past five years since the financial crisis, real estate agents have changed how they qualify buyers drastically. Many agents now require proof of funds or a pre-qualification letter from a lender before they will even meet a prospective buyer to show the property. Expect more of the same with the new rules meaning fewer showings, inquiries & offers for your real estate.

The Good News:

Loans often fall through in the home selling process after the property has gone into Under Contract status, cutting off potential buyers who may be more qualified to purchase your “Active” property. Also, this new rule lessens the chance that you will be tied up with tedious paperwork from buyers who are not financially able to close your real estate transaction.

 So while it may seem like you're not getting as much traffic as you have in a previous transaction, it is important to be aware of the changing mortgage laws and adjust your expectations accordingly. Remember: “It’s Quality Not Quantity.”

We also offer plenty of real estate tips online! Be sure to follow us on Facebook, Google+, Twitter, & Pinterest as well as subscribing to this blog. We’re always sharing our market-insider tips on DIY renovations, home staging tips, and Atlanta market trends to keep you ahead of the competition. Not to mention the money you’ll save in commission prices!

Please feel free to post comments, send emails, visit our social media pages and the House Connect website, or call us directly at 770-640-6800 for more info. We have dedicated, knowledgeable professionals waiting to assist you with listing your Atlanta real estate without the pricey commissions.

**House Connect is a Metro Atlanta flat fee MLS listing agency offering an alternative to the high cost of selling your home. We offer a discount realty service which saves Atlanta home owners thousands of dollars versus using the traditional real estate company.

Atlanta Real Estate Market: New Construction on the Rise

     One of the biggest indicators of a recovering real estate market is the rise of new construction. Here are the latest stats from The US Census Bureau & the National Association of Home Builders.

• Privately Owned housing units authorized by building permits in Oct were at a seasonally adjusted annual rate of 1,034,000 - a 6.2% increase over Sept 2013 & a 13.9% increase over Oct 2012.
• Single family authorizations in Oct were at a rate of 620,000 - a .08% increase over Sept 2013.
• In the South in Oct, 259,000 New Homes were sold compared to 183,000 in Oct 2012 in a steady incline. 

     At House Connect we're ahead of the curve on what's trending. If you're an Atlanta area builder, our flat fee listing service can save you THOUSANDS on new construction homes. Call us today to see how we can help you unload your inventory. Now is the time!

We also offer plenty of real estate tips online! Be sure to follow us on Facebook, Google+, Twitter, & Pinterest as well as subscribing to this blog. We’re always sharing our market-insider tips on DIY renovations, home staging tips, and Atlanta market trends to keep you ahead of the competition. Not to mention the money you’ll save in commission prices!

Please feel free to post comments, send emails, visit our social media pages and the House Connect website, or call us directly at 770-640-6800 for more info. We have dedicated, knowledgeable professionals waiting to assist you with listing your Metro-Atlanta real estate without the pricey commissions.

**House Connect is an flat fee Atlanta MLS listing agency offering an alternative to the high cost of selling your home. We offer a discount realty service which saves Atlanta home owners thousands of dollars versus using the traditional real estate company.