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Winter 2012 Market Update
Moving up to a bigger and/or better home at this time could actually cost you very little per month, or in some cases even LESS than the home you are in.... It’s a magic time to be making a move... and a SMART one for people that know how to WIN in a down market. Contact us for details on how that could work for YOU! Lynne Connor & Mary Ellen Vanaken
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| Average Home Price | $575,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 10-15% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $400,000 - $449,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Milton is | Decreasing |
| Seller Activity for the past 90 days in Milton is? | No Change |
| Multiple Offers? | No |
| Multiple Offers Commentary | Sellers are not receiving multiple offers with the exception of foreclosures. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Atlanta |
| Housing Hot Spots | Alpharetta, Roswell |
| Average Sold Price | $575,000 - View Graph Trend |
Milton Local News
News for Milton, GA - Monday November 16th, 2009 9:16am
Home Buyer Tax Credit Extended and Expanded until June of 2010 and allows the homebuyer to file for tax credit of $8,000 in 2009 by amending 2008 tax return or filing 2009 tax return. Deadline for current extension requires purchase contracts to be signed by April 30,2010 and closed by closed June 30, 2010. An amendment by Johnny Isakson has removed the requirement of being a First Time Homebuyer and has raised the income caps up to $225,000 for joint filers and $125,000 for single filers. Additionally anyone who has owned a home for the past 5 years is now able to get $6500 in tax credit for a new purchase. If you need more information or would like to speak to us about taking advantage of this tax credit, contact Lynne Connor or Mary Ellen Vanaken at 404-309-3300.
Contact Information
Lynne Connor and Mary Ellen Vanaken
404-309-3300
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Lynne Connor and Mary Ellen Vanaken
Keller Williams Realty Consultants
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 404-309-3300
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