Karen Voss

REALTOR

Berkshire Hathaway HomeServices
Georgia Properties
Real Estate Advisor – January 2015

We are providing this monthly real estate advisor to keep you informed about the latest trends and issues in the real estate market.  Remember that real estate is local and every market is different.  Contact us to find out the specific details for your local area.  If you know someone else who might be interested in receiving this report or who may benefit from our expertise, please let us know.   Better information helps our clients make better real estate decisions!

Closings for Metro Atlanta in December were up 3.8% compared to last month and down 9.3% compared to the previous year. This reflects a more normal seasonal pattern.

    Real Estate Outlook For 2015

The outlook for real estate closings in 2015 continues to be very positive.  Here are some of the key drivers and predictions for the year. 

    

The Power Of Pre-Qualification

The spring market will see many desirable homes get multiple offers and contracted quickly.  Sellers will be evaluating their options to choose which bidder is selected to buy the property.  They often want to limit their risks.  A good example is the Financing Contingency.  The Financing Contingency allows the buyer to specify a certain number of days to go through the process of loan approval.  This is typically 21 days.  The smart buyer will go ahead and get pre-approved for a mortgage before making the offer.  This is different from pre-qualification which may still have significant risk that a mortgage will not be approved by the lender.  Pre-Approval is a more detailed process and substantially reduces the risk to the seller.  If you are considering buying a property this spring, we would be happy to introduce you to our HomeServices Lending Loan Officer.  They can help you get pre-approved and show you all the loan products available.     

Instant Home Value Estimates

Berkshire Hathaway HomeServices Georgia Properties offers an innovative new solution that allows consumers to enter an address to “click and see” local home value estimates.  The estimates are free and do not require registration.  Since introducing home values, our website traffic and listing views are up considerably.  This is one of the unique ways we are providing more relevant local content to attract more potential buyers for our listings. 

Contact Us For Additional Market Details Including Our Exclusive Report Used By Lenders To Value Homes For Mortgages.  

The Best Mobile App For Real Estate!

Many consumers will be getting new mobile devices this holiday season.  This is a great time to update your device with the latest version of our BHHS Georgia Properties Mobile App.  Our Mobile App provides all the listings from our 8 local MLS services.  We have the fastest updates, the most filtering options plus Sold Properties and the ability to Search Properties by Drives Times.  Drive Time is now available on the iPhone as well.     Contact us to learn more about these amazing mobile search tools.  

TEXT "VOSS" TO 678.400.6100 TO DOWNLOAD MOBILE SEARCH APP WITH DRIVE TIMES! 


We want to wish you and your family a Happy New Year. Spring will be here soon!