Archive for the ‘Market Forecasts’ Category

Real Estate Is A Bargain

Tuesday, November 4th, 2008

There has never been a better time to invest in real estate.  With so much trepedation in the stock market and real estate prices at bargain levels there has never been a better time to get in.  Buy low and sell high has never been a more valid approach.  Interest rates are fantastic too.  With this combination, smart investors are moving to investments they can see, feel and touch. 

Everyone needs a place to live, so many are buying rental properties at bargain basement prices and look for great appreciation and equity builds for their weakened portfolios.  We are already seeing prices stabilize in the Atlanta real estate market, while there is still incredible uncertainty in most other investment venues.  Call on your top producers and experts at Prime Real Estate in Atlanta’s midtown for all your real estate needs.

In this market more than ever, you need an expert to help you get your home sold too.  Maximizing your vaue and positioning is critical to moving property in today’s marketplace.  Smart sellers are calling on their Prime Real Estate selling agents to get their homes sold at the best possible prices.  Positioning, presentation and follow through are critical. No one knows this better that your ally at Prime Real Estate.

Contact us today at (404) 685-3774, or visit our web site at www.atlrpime.com.

Foreclosure Deals are Here!

Friday, August 15th, 2008

There are a lot of INCREDIBLE deals out there right now for buyers and investors in the foreclosure market.  Many are taking advantage of nearly 50% discounts on these great properties.  Prime Real Estate is a foreclosure selling specialist and your best ally in getting the right property.  Contact your Prime Real Estate sales associate to get directed toward the right homes in Atlanta that are incredible deals for investors, homeowners and all other buyers alike.

You can see out current inventory at www.atlprime.com.  However, we have access to mant great properties before they hit the market, so calling a specialist for a sneak preview of what is coming gets you ahead of the game.  Of course we can also research many other great deals that are out there undetected to the typical eye.

Call our office at 404-685-3774 or email your Prime Real Estate associate today!  There has never been a better time to buy than today.  Atlanta is one of the top 10 markets in the United States and is poised for explosive growth going forward.  Get your slice of success today.

Hitting the Bottom and Going Up!

Monday, April 28th, 2008

Statistics are now showing that both the real estate and stock markets appear to have hit bottom.  This is indicated by two months of upticks in indicators after many months of down-ticks in both arenas.  This is great news for Atlanta real estate buyers and sellers.  Interest rates are at all time lows making purchase power very strong.  

For Seller, inventories have dropped, so competition has lessened.  Your buyers are now able to purchase more home at a lower cost.  The market season now in spring is headed into the best time to be out there for buyers.  In short, there has never been a better time to have a PRIME agent list your home.  Contact a specialist today to get out there at just the right time.  Now that tax season is over and we are entering the ’school’s out’ summer selling season, more buyers will be out looking to make that move.  Selling your home while inventories are low makes sure that your home has the best opportunity to be seen and purchased. 

For buyers, interest rates are low and prices are competitive.  The Atlanta real estate market was never over valued like so much of the country and represents an excellent opportunity for home ownership and wealth building.  Atlanta is unique in have a fantastic cost of living factor, incredible economic base and continual economic growth and leadership.  With its central hub nature and low cost of living, Atlanta is a very attractive city for new industry.  Buying in Atlanta today could be like buying in New York in the 80s.  The opportunity for growth is uncharted.

Buying or selling today in Atlanta is a win win.  Contact your top real estate professionals at PRIME REAL ESTATE in Midtown Atlanta.  (404) 685-3774, www.atlprime.com.

April 27th is the Last Day to View Foreclosures Before Auction Dates

Sunday, April 27th, 2008

Today, April 27th, 2008 is the last day to see the nearly 700 homes up for auction in Atlanta.  The auction will be on May 4, 5 & 6th at The Georgia World Congress Center.   You can pick up information on the properties at the PRIME REAL ESTATE office located in Ponce Spring Lofts at 620 Glen Iris Drive, Suite 102, Atlanta, GA 30308.  Or contact a PRIME REAL ESTATE sales specialist to get the information.

These homes muse sell and many start bids at only $1000.  The Prime team also has many resale homes ready for move in.  Contact any of the Prime specialists for the perfect property in Atlanta and beyond.  Also, keep a look out for our developer projects in Darien, Coastal Georgia, Buckhead and Sandy Springs.  There are a lot of great deals out there and now is the time to buy.  All market indicators tell us the housing market has hit the bottom and the time to buy is today.  Interest rates have never been better, nor have prices.  Get your PRIME REAL ESTATE today!

Call any PRIME agent for information on Auction properties in Atlanta.  These are foreclosures from Countrywide, Bank of New York, Bear Stearns and more.  Call or stop by.  620 Glen Iris Drive, Suite 102, Atlanta, GA 30308, (404) 685-3774, www.atlprime.com.

Home Sales to Hold Steady

Friday, March 7th, 2008

In an article dated March 6, 2008 | Daily Real Estate News:

NAR: HOME SALES TO HOLD STEADY

There are some great signs of an improving housing market.  according to the article:

“Lawrence Yun, NAR chief economist, says many buyers have been waiting for higher mortgage loan limits.

‘The higher loan limits for both FHA and conventional loans will increase consumer choice and provide greater access to lower interest rates in high-cost regions’, he says. ‘Therefore, a notable rise in home sales can be anticipated in the second half of the year.”

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in January, held at a stable level of 85.9, unchanged from December, but was 19.6 below the January 2007 reading of 106.8.

‘This additional sign of a stabilizing market is encouraging, and our members are telling us there’s been a pick up in shopping activity,’ Yun says. ‘ Our hope is that the increased traffic of buyers looking at homes will translate soon into more contract offers’…..(end of article)”

This is very good news for us here in the Midtown, Buckhead and general Atlanta market as we have seen a fairly stable market in comparison with the rest of the country.  For buyers, there has never been a better time to buy, and for sellers, tensions ease and it is a good time to have your home on the market again.

Hello world!

Monday, February 25th, 2008

I recently read a great article in TIME MAGAZINE dated February 25, 2008. The title is “Ignore the Headlines” – ‘Except this one. Sure, housing’s in a hole. But there’s a potent case for buying now, whether it’s real estate or stocks’

The article discusses how buying now at todays incredible interest rates is equal to or better than if prices drop further over the next twelve months and rates creep up even just a small half percent. Interest rates are at an all time low and buyer’s should take advantage of it as their long term cost of ownership will be much lower and their payment will be the same. The article outlines two scenarios:

Buying Today at a price or $218,900 with a 5.5% interest rate will make your payment $994.31.

Buying in twelve months at a 10% price decrease (typical of the national average – Atlanta has not seen the same loss in value. In fact Average home prices in Atlanta rose 0.8% over the last year (according to NAR) This would make your purchase price $197,010 at 6% interest rate and a payment of $994.94.

BUY TODAY FOR $994.31 OR BUY IN TWELVE MONTHS FOR $994.94. In the long range you will come out much better by buying today and not wasting thousands of dollars on rent or other expenses that you will never recoup. Don’t forget the tax advantages or the built in savings of equity in your new home. If you plan to hold for more than three years NOW IS THE TIME TO BUY!

Call the specialists at PRIME REAL ESTATE to get your free, no obligation consultation! (404) 685-3774.

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