Thoughts from the Duffy Mobile: AOL Hot SearchBeing part of the listing team at Duffy Realty I am always looking at what is the current climate in real estate and I found a most interesting article on AOL. Atlanta great news we were the 10th most searched city on their site. Buyers are looking and we are one of the top most searched cities, finally some good news! The list also shows that some of the other areas in the U.S. that have had some regional problems are also being searched heavily, example Florida, Arizona, Chicago, San Diego. So let’s keep up this trend, and we are the only ones that can make sure that this trend continues!P.S. The list and the link are below. Thanks!Bill Hanlin Duffy Listing Team, GO TEAM!1. Pensacola real estate2. Phoenix real estate3. Miami real estate4. San Diego real estate5. Myrtle Beach real estate6. Naples real estate7. Chicago real estate8. Orlando real estate9. Cape Coral real estate10. Atlanta real estatehttp://hotsearches.aol.com/2009/01/09/real-estate-is-hot-in-these-cities/?icid=200100397×1216704300x1201124954

Plans and goals I have found are important when trying to get things done. This is not rocket science just a little common sense. I was at a listing recently and she had been listed with her previous agent for 6 months, know sale. She was frustrated because her husband had already had to go ahead for his new job. She needed a plan and a goal. I told her of my 2008 goal of doing 525 listing for Duffy. My plan everyday was when I rose from a nights sleep I said to my self 525 listings this year. Guess what I ended up doing 506 listings in 2008. I told her to find her calendar after I left and pick a date for an offer and send out that energy everyday! So having a plan and goal is a start but sending out the energy I believe helps achieve! GO TEAM!

8000 plus homes sold in Greater Atlanta area in October!

Hello! Well since I drive the greater Atlanta everyday listing homes I saw the inventory bill board sign the other day at we are down to 93,000 plus homes. So if you are convinced that there is alot of homes for sale that is not the case at all! A city of 5.5 million people that is not many homes!

Goood news folks, new home sales up 2.7% in September!

Driving the other day I passed the real estate billboard and the figure showed 8000 plus homes sold in September Metro Atlanta.Slow market???????

10/9/2008

Recently, I’ve been getting a lot of calls from concerned sellers that are worried any potential buyer will not be able to get a home loan. If you watch the news every day, it certainly seems like the sky is falling, but nothing could be further from the truth. It is tougher to get a loan now because guidelines have tightened, but not because money isn’t available.

I recently read an article that gave a good example of this…imagine you owned a pizza shop in a college town. Every time you got an order from a residence, you made the pizza and delivered it. The customer that ordered it answered the door and paid you. That type of customer basically had no risk for the shop owner.

Now, imagine some guys in a fraternity house playing a trick on another house. They call the same pizza shop and order ten pies, and ask that they be delivered to their rivals next door. The pizzas are made and the driver is dispatched, only to be told at the door that no one ordered the pizzas. They have just wasted 10 pizzas that they didn’t get paid for.

So, as a result of the losses, the pizza shop decides to not accept anymore delivery orders from fraternity row. That would be a good business decision, right? In years past, the government has prevented the mortgage industry from making these risk-based decisions. They have demanded equal lending opportunities, whether the borrower was a good risk or not. Now, those high-risk loans are not available.

Since guidelines have been tightened, the only people who can buy homes now are the ones that are good credit risks. For those borrowers, money is abundant. The so-called credit crunch is affecting the ability to borrow for many items, but not homes. The lending industry has allowed people who really shouldn’t be buying homes to buy them, but no more. If it is a smart financial decision and you have a down payment and good credit, loans are still very easy to do.

If you have any questions, please do not hesitate to call me directly at
678-992-7100, or email me at byearwood@cmsloan.net.

Brian Yearwood
Custom Mortgage Services, Inc.

Driving down i-75 last Thursday night I look up at the real estate bill board with numbers of listed homes at 98,000 plus. What was great about that is a few weeks ago it was 102,000 plus listed. So the media is wrong and yes homes are selling and inventory is also down.

Yes it is important that when a buyer walks up your front walk that it looks great! So for $3-4 bucks a bag or bail it is well worth the little that you will spend to make that first impression a good one.So buy it and spreed it!

Sell your home faster with a vertiual tour. Wouldn’t rather drive a sports car then a broken down heap! The same logic works with the photo’s that are on your listing. Why wouldn’t you want the best exposure for your home when buyers are searching on the web? So if you want the best exposure order a virtual tour!