Gwinnett Home Sales for March, 2012

10 04 2012

The following table has been updated with March figures for Gwinnett County.

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.

If you find yourself in an “upside down” situation on your mortgage (you owe more on your mortgage than what it’s worth) and you are not sure what your options are, go to www.GAMortgageHelp.com, submit your information and I’ll be glad to send you free information regarding your options.

Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Categories : Gwinnett County, Market Statistics

Gwinnett Home Sales for February 2012

8 03 2012

The following table has been updated with February  figures for Gwinnett County.

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.

If you find yourself in an “upside down” situation on your mortgage (you owe more on your mortgage than what it’s worth) and you are not sure what your options are, go to www.GAMortgageHelp.com, submit your information and I’ll be glad to send you free information regarding your options.

Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Gwinnett Home Sales for January 2012

17 02 2012

The following table has been updated with January figures for Gwinnett County.

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.

If you find yourself in an “upside down” situation on your mortgage (you owe more on your mortgage than what it’s worth) and you are not sure what your options are, go to www.GAMortgageHelp.com, submit your information and I’ll be glad to send you free information regarding your options.

Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Gwinnett Home Sales for December 2011

9 01 2012

The following table has been updated with December figures for Gwinnett County

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.

If you find yourself in an “upside down” situation on your mortgage (you owe more on your mortgage than what it’s worth) and you are not sure what your options are, go to www.GAMortgageHelp.com, submit your information and I’ll be glad to send you free information regarding your options.

Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Categories : Gwinnett County, Market Statistics, Uncategorized

Gwinnett Home Sales for November, 2011

13 12 2011

The following table has been updated with November figures for Gwinnett County.

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.

If you find yourself in an “upside down” situation on your mortgage (you owe more on your mortgage than what it’s worth) and you are not sure what your options are, go to www.GAMortgageHelp.com, submit your information and I’ll be glad to send you free information regarding your options.

Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Gwinnett Home Sales for October, 2011

10 11 2011

The following table has been updated with October figures for Gwinnett County.Remember, your real estate values are local to your area.

If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.

If you find yourself in an “upside down” situation on your mortgage (you owe more on your mortgage than what it’s worth) and you are not sure what your options are, go to www.GAMortgageHelp.com, submit your information and I’ll be glad to send you free information regarding your options.

Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Gwinnett Home Sales for September, 2011

10 10 2011

The following table has been updated with September figures for  Gwinnett County.

Remember, your real estate values are local to your area.  If
you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information,
and I will be happy to put together a report especially for you.

If you find yourself in an “upside down” situation on your
mortgage (you owe more on your mortgage than what it’s worth) and you are not
sure what your options are, go to www.GAMortgageHelp.com, submit your
information and I’ll be glad to send you free information regarding your
options.

Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Gwinnett Home Sales for August, 2011

16 09 2011

The following table has been updated with August figures for Gwinnett County. 

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you. 

If you find yourself in an “upside down” situation on your mortgage (you owe more on your mortgage than what it’s worth) and you are not sure what your options are, go to www.GAMortgageHelp.com, submit your information and I’ll be glad to send you free information regarding your options.

Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Gwinnett County Home Sales for May 2011

6 06 2011

The following table has been updated with May figures for Gwinnett County.  Sales are down only 2.5% from last year. 

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.  Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Gwinnett County – More on Appealing Your Property Taxes

26 05 2011

By now all property owners in Gwinnett County should have received their Annual Notice of Assessment, which was mailed out to all Gwinnett County residents on April 15, 2011.  If you did not received this notice, have additional questions, or would like to start your appeal process, you can log onto:

http://gwinnettassessor.manatron.com/eFileSystem/AppealPT311.aspx        

Due to the decline in property values in recent years every property owner is being given the opportunity to appeal the value that the county has placed on their property. This is the value that the county uses to determine your property taxes.  If you think your property value is lower than what is stated on the notice, follow the instructions on the notice to begin an appeal. The deadline for submitting your appeal is May 31, 2011.

You will be asked to state what you think your property is worth. If you recently re-financed, you may be able to get an estimated property value from your lender. If you recently purchased your home, the purchase price is probably your best indicator. If you are not sure, go to www.GAHomePrices.com  or give me a call @ 770-356-4656, and I’ll be happy to provide you with a Market Analysis of your neighborhood and help you determine the current value of your home.

Please check with your county’s assessment procedure, as mail out dates and response times may vary from county to county.

I encourage you to contact Gwinnett County Tax Assessor’s office @ 770-822-7200 if you have additional questions. If your property is not located in Gwinnett County, please check with your county’s assessor’s office.

I, personally, have had success with this appeal process and had my property taxes reduced last year and I submitted an appeal again this year.

Please remember that I am here for you to assist with ALL of your real estate needs! If you know of anyone who is considering buying, selling, or investing, please be sure to let me know, so that I can provide them with exceptional customer service.

Thank You. Joan Boudreau-Alexander, JoanRealEstate1@gmail.com, 770-356-4656


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Gwinnett County April 2011 Home Sales

10 05 2011

The following table has been updated with April figures for Gwinnett County.  Sales are down 19% from last year. 

 

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.  Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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Question About Appealing Property Taxes in 2011

25 04 2011

Gwinnett County mailed 256,000 residential notices of current assessment on Friday, April 15, 2011. About 100,000 of the notices are showing a decrease in value, averaging about 23 percent. In total, Gwinnett’s residential properties have lost about $3.3 billion in fair market value county-wide since last year.

I had someone send me a question that I thought was definitely worthy of noting and attempting to answer it.

On our Annual Notice of Assessment, it tells you at the time of filing your appeal, you must select one of the following:

(1)   Appeal to the Board of Equalization (BOE)

(2)   Do an arbitration

I think it’s best to do the BOE rather than arbitration and here’s my reasoning.   Arbitration is final, no appeal, the end of the road, so to speak.  At least with the BOE, you have an appeal route, not that many of you will use the appeal route, but at least, it’s there.  If you don’t like what the BOE has said, you have that option to take it to the Superior Court.

 If you do want some help estimating your market value, go to www.GAHomePrices.com to fill out your information.  Have a great day!  – Joan Boudreau-Alexander, 770-356-4656, joanrealestate1@gmail.com


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Gwinnett County Homes Sales Updated Through March 31, 2011

5 04 2011

 

The following table has been updated with March figures for Gwinnett County.  Sales are down 12.9% from last year. 

Remember, your real estate values are local to your area.  If you have any questions about what your home is worth, please go to www.GAHomePrices.com, fill in the requested information, and I will be happy to put together a report especially for you.  Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, JoanRealEstate1@gmail.com


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3 Reasons the Term “Strategic Default” Is Misleading

8 03 2011

In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home than what it was worth).

Now that more than one in four American homeowners is “underwater,” I feel that it’s important for the community to know the truth about strategic default.

The truth is the foreclosure process carries with it credit issues, current and future employment challenges, issues with security clearance and possible debt collections.

That’s why it is vital to explain the 3 reasons why the term “strategic default” is misleading:

  1. There’s nothing strategic about defaulting on purpose, especially when you have options like short sales, mortgage modifications, and refinance (just to name a few) that may keep you from foreclosure.
  2. The waiting periods to apply for a new mortgage loan are at least five years less in a short sale vs. a foreclosure.
  3. A foreclosure will show up on your credit report every time you apply for a home loan, car loan, new job, etc., and will affect your financial situation for many years to come.

If you are underwater and can no longer afford your mortgage payments, you need to create a genuine strategy to avoid foreclosure, helping to provide stability for you and our community.

If you have any questions about what steps you or someone you care about should take next, contact me today at 770-356-4656 or go to my website and download free information at www.HelpingHomeownersInGA.com.

IMPORTANT GOVERNMENT DISCLOSURE: You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender (or servicer). If you reject the offer, you will not have to pay us for our services. The above brokerage is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.


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Categories : Distressed Homeowners, Short Sales

Case Shiller Price Index – Metro Atlanta Area

28 02 2011

The last Tuesday of each month, the S&P Case Shiller Price Index releases their numbers on home prices.  February 22, 2011 indicated if you lived in either San Diego or Washington DC, you would have seen year over year prices increases of 1.7% and 4.1% respectively.  The other 18 cities that this index follows were negative.  Metro Atlanta, Georgia unfortunately had a -8.0% year over year decline putting us in the bottom 3 cities with the most declines in our property values. 

In the Atlanta area, prices were down only -0.2% for December/November 2010; down -1.5% in November/October 2010.  I know none of this sounds good, but I still see the “rate” of decline slowing, which means our prices may be stabilizing in our area.

 

Please remember that real estate is local, local, local. So, just because the Metro Atlanta Geogia numbers are still showing a decline, that doesn’t mean that it’s still declining everywhere and in every neighborhood.  It really depends upon how many foreclosures and short sales are happening around you. If you are interested in your home values in your neighborhood, call me or go to www.GAHomePrices.com.   Have a Great Week!  – Joan Boudreau-Alexander, 770-356-4656, Realtor, CDPE


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Gwinnett County Home Prices Trends

25 02 2011

Here’s an interesting chart that shows just Gwinnett County Home Sales for the last 2 years.   As you can see, it is divided into (1) Regular Market Sales, (2) Bank/Govt Owned Sales, and (3) the number of foreclosures.

One easy trend to see is that the number of foreclosures was way down for December 2010.  We would expect that since most banks put a moratorium on foreclosures during the month of December.  It’s interesting to see there were more bank owned sales than regular market sales several months.

 I was particularly interested in just last year (2010), so thought I would chart these monthly numbers from the Real Valuator chart into an Excel spreadsheet, so I could do some further evaluation (by the way, these charts are available for most other counties in the Metro Atlanta area.  Feel free to send me an email if you would like to see another county). 

  2010 Bank/Govt Sales Market Sales Total Sales % of Govt Sales to Total Sales # Foreclosures
January 298 428 726 41.05% 571
February 351 506 857 40.96% 390
March 489 590 1079 45.32% 603
April 524 745 1269 41.29% 943
May 531 825 1356 39.16% 605
June 575 913 1488 38.64% 639
July 494 657 1151 42.92% 709
August 542 649 1191 45.51% 617
Sept 637 581 1218 52.30% 1002
Oct 733 551 1284 57.09% 680
Nov 626 441 1067 58.67% 447
Dec 642 569 1211 53.01% 329
           
Yearly Totals 6442 7455 13897 46.33% 7535
           
  46.36%       54.22%

 

I added another column because I wanted to see what percentage (%) of sales was bank/govt owned.  This tells us that on average, in 2010, 46.33% of total sales in Gwinnett County were bank/govt owned sales! Wow ….  And, to think that this would not include short sales, which is another type of distressed sale.  A short sale is when the seller owes more on his home than what it is worth.  In this chart, it would show as a normal market sale; however, it’s another type of distressed sale very common today.

What else do these numbers mean?  It concerns me that there was a total of 7,535 foreclosures in Gwinnett county in 2010 and 6,442 were sold.  Does this mean that our total sales are not keeping up with the number of foreclosures that are coming on the market?  I also think that this trend will continue throughout 2011 and beyond, maybe, at least a couple more years.

Thinking of selling and want to know what your home is worth?  Go to www.GaHomePrices.com.  Happy Friday to Everyone! – Joan Boudreau-Alexander, 770-356-4656  email: joanrealestate1@gmail.com


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Gwinnett County, GA Home Sales – Updated Sept 2010

16 09 2010

Homes sales in July in Gwinnett County, GA dropped from June’s sales of 913, which was the highest of any month yet this year.  July sales dropped to 659 which is far lower than sales in July 2009, which was 789.   This was no surprise.

If you look at the trend in prices since January 2010, prices seem to be holding rather steady.  Could we be at the bottom of this rocky market here in Georgia?  Maybe, but with unemployment still high, more adjustable rate loans getting ready to adjust upward, and the number of foreclosures still on the rise, it’s doubtful.  There is still too much inventory and not enough buyers, thus putting pressure on prices to decline.

If you are interested in knowing what your home value may be, go to www.GAHomePrices.com and I’ll be happy to send you information on home prices in your neighborhood.

Gwinnett County, GA Single Family Residence 
Sales Information
  # of Sales  Median Sale Price 
January-10 468  $                 158,950
February-10 408  $                 155,000
March-10 536  $                 155,000
April-10 646  $                 159,900
May-10 606  $                 160,000
June-10 913  $                 157,000
July-10 659  $                 158,000
Year to Date (8/17) 4519  $                 157,500
     
     
     
     
January-09 502  $                 165,000
February-09 403  $                 165,000
March-09 589  $                 172,000
April-09 581  $                 161,500
May-09 654  $                 156,500
June-09 737  $                 159,250
July-09 789  $                 170,000
Year End 2009  8184  $                 160,000

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This Month in Real Estate – July 2010

14 07 2010

Existing home sales were up in June across much of the United States.  Even though the tax credit is over, there are still many attractive loans that will allow you to purchase your dream home.  This month is real estate briefly describes what an FHA loan is.  Call me, Joan Boudreau, at 770-356-4656 to find out about all the different NO DOWN payment options that will allow you to purchase a new home.  You can also visit www.GwinnettNoDown.com.


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Gwinnett County Home Sales Statistics – Updated July 13, 2010

13 07 2010
 Home Sales in Gwinnett County, GA were down in May from April and year over year, we were down.  This is not surprising since we knew the home buyer tax credit came to an end on April 30, 2010.Median sales prices were down, but not by much.  And, if you look at the trend in prices since January, you could say it’s seems to be holding rather steady.  Could we be at the bottom of this rocky market here in Georgia?  I hope so.  I am ready to see some trends up these days.

If you are interested in knowing what your home value may be, go to www.HomePrices.com and I’ll be happy to send you information on your home prices.

Gwinnett County, GA Single Family Residence 
Sales Information
  # of Sales  Median Sale Price 
January-10 468  $                 158,950
February-10 408  $                 155,000
March-10 536  $                 155,000
April-10 646  $                 159,900
May-10 606  $                 160,000
Year to Date (7/2) 3522  $                 158,000
     
     
     
     
January-09 502  $                 165,000
February-09 403  $                 165,000
March-09 589  $                 172,000
April-09 581  $                 161,500
May-09 654  $                 156,500
Year End 2009  8184  $                 160,000

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Homesite for Sale in Gwinnett County

7 07 2010

2604 Heltonwood Court, Buford, GA 30519 in the Hidden Falls Subdivision in Gwinnett County, Lot for Sale for only $49,900.  Build your Dream Home with Your Builder or Ours!  Watch this short video to learn more about the Hidden Falls Subdivision.  For additional information, Call me, Joan Boudreau-Alexander at 770-356-4656 or click here to see the flyer http://i638.photobucket.com/albums/uu101/Joanboudreau/Client%20Flyers/Flyer2604Heltonwood.jpg.

Heltonwood Flyer:  http://i638.photobucket.com/albums/uu101/Joanboudreau/Client%20Flyers/Flyer2604Heltonwood.jpg


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Categories : Hidden Falls Subdivision

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