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Spring 2012 Market Update
Now is an exceptional time to buy a home in Norcross. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 678-386-5622
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| Average Home Price | $250,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 10-15% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $300,000 - $349,000 |
| Worst Selling Price Range | $600,000 - $649,000 |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Norcross is | No Change |
| Seller Activity for the past 90 days in Norcross is? | No Change |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 35-40% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Norcross! |
| Nearest Metro Area | Atlanta |
| Housing Hot Spots | Peachtree Corners |
| Average Sold Price | $250,000 - View Graph Trend |
Norcross Local News
News for Norcross, GA - June 17th, 2011 3:10pm
The annual ranking of America's high schools included 1 schools from Norcross. The Washington Post's High School Challenge ranks high schools by a formula that divides the number of Advanced Placement, International Baccalaureate and other college-level tests a school gave in 2010 by the number of graduating seniors. The list includes the top 6% of schools in the nation. Congratulations to Norcross High School who made the list!
News for Norcross, GA - June 21st, 2010 1:26pm
The first step in the home buying process is to become Pre-Approved for a mortgage. The pre-approval process only takes a few minutes and includes a credit check and employment verification. Once you've been pre-approved for a loan you can shop for a home with more certainty and negotiate from a stronger financial position. Obtaining pre-approval gives you the upper hand in negotiation.
If you are thinking about buying a home in the next few months I recommend that you call Craig Bland of Brand Mortgage Group today. Brand Mortgage Group offers many excellent loan programs and Craig has the tools to help you evaluate which program is right for you. Call him at 678-234-0545 or visit his website at www.CraigBland.com to complete an online application.
Please call me on 678-386-5622 anytime I can be of service (or just to say hello!).
Contact Information
Mike Sherrard
678-386-5622
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
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30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Mike Sherrard
Solid Source Realty GA LLC
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 678-386-5622
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