Summer's Here!

Georgia Renaissance Realty, LLC
Visit us on the Web at http://www.soldbyruth.com/
404-252-4895


Friday, June 18, 2010


Property values rose in Atlanta! Okay, that is if you live in 30080, 30024, 30004 and 30223. The report also showed that certain areas like Va-Hi, Brookhaven and Decatur lost less than 5%. That is great, especially when some areas are down as much as 30%. This shows that people are still out there buying, but of course are using the market to their advantage and buying in the most sought after areas. http://www.ajchomefinder.com/mortgage-center/what-your-home-gained-528966.html

New homes and age-restricted homes factor in most of the increases. Along with the fact that pending contracts were up for the third straight month and that consumer confidence rose as well are signs of positive trends. http://realtytimes.com/rtpages/20100607_realestateoutlook.htm
If you aren’t lucky enough to live in those areas, don’t despair. A positive trend anywhere in this market is a good sign that things are moving in the right direction.

Don’t forget Father’s Day is this Sunday. I think a lot of dad’s would like The Allure of the Automobile exhibit at the High. This coupon code 3OFFADULT should get you $3 off adult tickets. They have Music and BBQ from 2-5 PM and the BBQ plates are $12.



Do you have a blog? Let me know and we can share comments.

Buy it or Sell it? Check out these cool high-tech homes. http://www.forbes.com/2006/07/31/cx_gd_0801homeslide_3.html?thisSpeed=20000

DIY Atlanta in the fall is perfect for enjoying an outdoor fire in the evenings, so get started now and you should be ready by football season. http://www.thisoldhouse.com/toh/how-to/intro/0,,1636191,00.html

If you have a DIY project in the works please share before and after pictures.

Let Us Know! Do you have a neighborhood event, charity drive, yard sale coming up? Let me know and I will include it whenever possible sprinkleruth@mindspring.com

Foreclosure Opportunity

This article on Trulia is a great reality check. http://www.trulia.com/blog/taranelson/2010/05/top_10_myths_about_buying_a_foreclosure
There are some big misconceptions out there about purchasing a foreclosure. What I see and hear about the most is the expectation of a price 50% below value. While it does happen, I rarely see it. They are also typically more complex than the average sale, so many find them too frustrating. The current distrust of banks (although really were they ever in the circle of trust?) makes things a bit more emotional too. My advice is that anyone thinking of purchasing a foreclosure should do their research and be prepared, flexible and patient and you’ll be well compensated.

We had a great 40th anniversary dinner at Haven in Brookhaven. I highly recommend it for a special occasion.