New Listing, Sandy Springs 30342
New pictures and flyer.
Wednesday, February 29, 2012
Top Dog in Atlanta
American Kennel Club: Lab still top dog in Atlanta
The Labrador Retriever is once again Atlanta’s favorite dog, but the German Shepherd and Cavalier King Charles Spaniel are rising in popularity, according to the American Kennel Club ’s 2011 ranking of the most popular breeds.
The most popular dogs in the area last year:
Atlanta Business Chronicle
Date: Tuesday, February 28, 2012, 1:47pm EST
The most popular dogs in the area last year:
- Labrador Retriever
- German Shepherd
- Golden Retriever
- Cavalier King Charles Spaniel
- Yorkshire Terrier
- Rottweiler
- Boxer
- French Bulldog
- Bulldog/Miniature Schnauzer/English Springer Spaniel (tied)
Monday, February 27, 2012
Saturday, February 25, 2012
Could Rising Rents Bump Up Home Sales?
Home sales may get a boost from the rising prices occurring in the rental market, which is making it cheaper to own rather than rent in a growing number of cities.
“We might see a spring season better than the numbers are predicting," Jay Brinkmann, the Mortgage Bankers Association's chief economist, said during the an MBA conference in Florida this week.
The number of renters in the country increased during the housing crisis, while home ownership dropped to a 14-year low. But with rental costs rising nationwide, more renters may be lured to buying a home, particularly with home prices falling and mortgage rates hovering at record lows.
Mike Fratantoni, MBA’s vice president of economics and research, is forecasting home sales to increase 10 percent in 2013. An improving employment picture also is expected to have a positive impact on housing, MBA economists noted.
Still, "everything is going to be based overall where the economy goes," Brinkmann said. "This is going to be a slow year. There are a number of headwinds we're facing in terms of economic growth."
Source: “MBA: Rising Rental Costs May Drive Home Sales Up,” HousingWire (Feb. 23, 2012)
“We might see a spring season better than the numbers are predicting," Jay Brinkmann, the Mortgage Bankers Association's chief economist, said during the an MBA conference in Florida this week.
The number of renters in the country increased during the housing crisis, while home ownership dropped to a 14-year low. But with rental costs rising nationwide, more renters may be lured to buying a home, particularly with home prices falling and mortgage rates hovering at record lows.
Mike Fratantoni, MBA’s vice president of economics and research, is forecasting home sales to increase 10 percent in 2013. An improving employment picture also is expected to have a positive impact on housing, MBA economists noted.
Still, "everything is going to be based overall where the economy goes," Brinkmann said. "This is going to be a slow year. There are a number of headwinds we're facing in terms of economic growth."
Source: “MBA: Rising Rental Costs May Drive Home Sales Up,” HousingWire (Feb. 23, 2012)
Wednesday, February 22, 2012
Fewer delinquent mortgage payments
Fewer Home Owners Behind on Payments
The number of home owners behind on their mortgage payments dropped to the lowest level in three years, according to a report of data from the fourth quarter of 2011 released by the Mortgage Bankers Association.
"Mortgage performance is also improving faster than the overall economy," says Jay Brinkmann, MBA's chief economist.
According to MBA, 7.6 percent of residential mortgages were at least 30 days past due on their payments in the fourth quarter of 2011. Last year, the percentage was 8.3, and the peak of 10 percent was reached in early 2010. Mortgage delinquencies usually hover around 5 percent in more stable markets.
Still, while the lower delinquencies serve as an important sign needed for a healing housing market, MBA still caution that the number of loans in foreclosure remains high. About 4.4 percent of all loans were in foreclosure in the fourth quarter. The peak reached one year earlier was 4.6 percent.
Source: “Mortgage Delinquencies Hit Three-Year Low,” The Wall Street Journal (Feb. 16, 2012)
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Distressed Sales Special Report: A Clean Slate
"Mortgage performance is also improving faster than the overall economy," says Jay Brinkmann, MBA's chief economist.
According to MBA, 7.6 percent of residential mortgages were at least 30 days past due on their payments in the fourth quarter of 2011. Last year, the percentage was 8.3, and the peak of 10 percent was reached in early 2010. Mortgage delinquencies usually hover around 5 percent in more stable markets.
Still, while the lower delinquencies serve as an important sign needed for a healing housing market, MBA still caution that the number of loans in foreclosure remains high. About 4.4 percent of all loans were in foreclosure in the fourth quarter. The peak reached one year earlier was 4.6 percent.
Source: “Mortgage Delinquencies Hit Three-Year Low,” The Wall Street Journal (Feb. 16, 2012)
Read More
Distressed Sales Special Report: A Clean Slate
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