I'm Pretty Sure This is how Appraisals are Performed Now
If this isn't how they are done, it might be obtained by taking a sledgehammer and hitting one of those strongman devices you find at a carnival that has been altered to show prices.I don't know that I blame inspectors. It's a difficult task when you are trying to appraise a property in an area that you are unfamiliar with. Because of HVCC, we find ourselves in a new era where appraisers are being asked to perform a job for less money than ever before and simultaneously perform fewer a...

3rd Quarter Metro Atlanta Statistics - The Overview of the Real Estate Market
This information is compiled by Chartmasters for Keller Williams Realty Consultants. It is far more comprehensive and accurate than what you may find in the AJC or anywhere else. I am fortunate to work with an organization who can provide its agents critical information that we can use to help clients in a market that requires this information more than ever. It's also right up my alley as I enjoy understanding the market. This is a graphics heavy post of charts so if you have any questions...

Auctions and Value - Things Aren't What They Seem
Sold to the lady in the back for $435,000! What a deal! The screen says the previous value for this home was over $1,000,000. I've found it at last! Now I know exactly where to send every person who calls looking for that great deal. The auction!If you're in the business and you get leads online, you definitely know the guy. Most others in the business know this guy now too. It's just a product of the current conditions. He acts like he knows more than you about real estate and before the phone ...

The Tax Credit Effect - Can it Help Save the Market
After strong mid summer sales and real hope for 2010, the residential real estate outlook has dimmed again. The $8,000 tax credit is looking very much like the last great hope for 2009 to bring back some balance - or at least give a strong push of the pendulum back in the balance direction. The chart below shows sold single family residential units compared to pending residential units monthly during 2009.This text is replaced by chart. var chart2 = new FusionChart...

Summer Speeds by Taking Deals of a Lifetime with Them
Summer of 2009 is coming to a close quickly and some of the best deals in a generation are leaving with it. Were you able to capitalize on those deals or are you still waiting for prices to drop? If you're waiting, here is a recap of what you missed and why you may reconsider your position of waiting...and oh yeah...it looks like prices aren't really dropping any more - at least for good properties and especially in the more sought after areas of AtlantaThe average price for a home has...