Gainesville, GA Real Estate News

By Kim Craft
(Coldwell Banker Heritage)
If you’re considering purchasing your first home, now is the time. You can take advantage of an $8,000 tax credit and even amend your 2008 returns to get that money back this year. Now there is even talk that you can use the $8,000 as your down payment with an FHA loan with an approved FHA lender. Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a down payment. I haven’t seen anywhere that this has already started, but it should come down soon. You have to close before Dec. 1, 2009 to be eligible for this program. A quick note, if you FHA loan, you only have to pay 3.5 percent down. If you buy a home for $150,000 you are only re...
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By Joshua Jarvis, Moving Families Forward.
(Virtual Properties - Atlanta Real Estate)
Guest blogger: Beau Henderson, with Fiduciary Capital: When cash values are insecure, real estate is a smart place to put your money. If you don’t own a home, that’s the perfect place to start. Buy the best house you can afford—and the “afford” part is critical. Particularly when you are buying a home at least partially as an inflation hedge, it might be tempting to invest as much money as possible into your new home, i.e. buy the most expensive house you can manage. However, be sure to take into consideration your income, your debt, your savings and – most importantly – your spending habits. It’s only smart to invest in a house that that will hold or gain value, and foreclosure tends to have a negative effect on that. So, especially during times of layoffs, a good rule of thumb is to m...
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By Megan Thoroman
(Coldwell Banker Heritage)
Spring is coming and the housing market in Gainesville, GA is soon to bloom! Looking at the January numbers of residential home sales, pending home sales, and new listings in Hall county Georgia,  the market is moving in the right direction. Hall county Georgia is down 20.4% in new listings, this means there are not as many homes coming on the market, so less competition for the current homes  for sale in Hall county Georgia. Also for the month of January new foreclosures in Gainesville Georgia  was down 2%. That is good because foreclosures for sale in Gainesville, Georgia directly effect the saleability of a the average resale due to the pricing, also helps in bringing up the average sales price. In January 2009, the number of homes for sale in Gainesville, Georgia fell 20%, this sho...
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By Mignon Hooper
(Keller Williams Realty Lanier Partners)
People ask me all the time are we at the bottom?  The tough part about that questions is we won't know until we've hit the bottom and are on our way back up.  Then we'll look back and say "Oh, the bottom was 6 months ago", which is too late to hit "the bottom". At any rate, the longest recession since 1937 we have seen recessions has been 16 months.  According to NAR, our recession started in December of 2007.  Sixteen months would bring us to April of 2009.  If we actually see a trend that is as long as 16 months the light at the end of the tunnel is just ahead.  Yes, the nation is on the edge, companies are makeing HUGE cut backs, and change is happening today in the White House, but I'm looking forward to see what this clensing does for our economy.  We, including myself, need to get...
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By Charlie Ragonesi, Homes - Big Canoe, Jasper, North Georgia Pros
(AllMountainRealty.com)
All across North Georgia important Corp of engineer lake levels are rising. Lake Lanier , thanks to Faye rose 2 feet. Other lakes are doing the same. This is important for the savvy real estate buyer for a couple of reasons. Property on Corp lakes is depressed due in part to low water levels. Every body finally I think , "gets it". Conservation and planning are very important. So I believe once these lakes return to full measures will be in place to conserve the water. Now is the time to buy if you are looking for property on Corp lakes. Buy while the lakes are dry. If you are selling you have to be heartened by recent rain events. You will have to hold on a little longer for top dollar. As the levels rise so do the prices.In the end it is that tension between buyers and sellers that ma...
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By Mary Beth Citihomes Realty Corp.
(Lake Lanier Homes)
Anchor On Lanier Arnold Williams Atlantis on Lanier Bay Colony Bay Creek Beach Haven Heights Berringer Point Breeze Bay Breeze Bay On Lanier Cain Sourwood Appleby Chattahoochee Estates Chattahoochee Landing Chattahoochee River Club Cherokee Forrest Cherokee Shores Chestatee Chestatee Heights Chestatee North Country Place Cumberland On Lanier Deer Creek Shores Deerwood Duckett Mill Eastside Townhomes At Lanier Forrest Glen Four Seasons On Lanier George Pugh Habersham Habersham Landing Habersham Pointe Harbour Point Yacht Club Harold Welchel Hatteras On Lanier Haywood Commons He Compton High Pointe Holiday Pines Holly Heights Holly Hill On Lake Lanier Hubert Vickers Julian Ridge Lake Ranch Estates Lakes Edge Lakeshore Lakeshore Heights Lakeview Estates Lakewood Estates Lanier Beach South...
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By Laury Gardner
(Keller Williams Realty Atlanta Partners)
If you're home is on the market, or if you are a real estate agent, then you know how difficult it can be to sell a home in most areas of the country.  Real estate agents are constantly advising sellers to SELL LOW.  After all, you'll make it up on the buy side in this Buyer's market. Right?  RIGHT! In mid-May, I met my clients for the first time to show them one of our listings they'd seen online.  After showing them that home, and a few others, they indicated that they would like to work with me as their agent.  I set them up with my sales partner, who handles listings for our team.  She prepared the CMA for their home and discussed sales conditions in their subdivision - which included active foreclosure listings.  They were not completely happy with the recommended price range for l...
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By Mignon Hooper
(Keller Williams Realty Lanier Partners)
This week I am volunteering at my church's VBS.  We are having tons of fun on Outrigger Island(R) learning how to be followers of Christ, and God's unshakeable truth(TM).  I find it exceptionally rewarding when I volunteer my time to an awesome cause.  I'd like to challenge the world to give up an hour a week of their time to a good cause.  The reward is UNIMAGINABLE!  Of course there is never a monitary value to put to your time...time with other letting others know you realize there are things bigger and better than yourself is priceless.  Have fun and let me know how it goes!
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By Tamara Stout
(Results Realty Services/Keller Williams Professionals)
It seems that the "perfect storm" hit Lake Lanier last year. First, were the effects of a two year drought which not only left little recreational water but almost left the city of Atlanta without drinking water (oh, those endangered mussels in Apalachicola are special creatures). Then to make matters worse, the mortgage "crisis" and credit crunch hit. The good news is that lake levels are rising (although still a far cry from full pool), drought conditions are not predicted for the summer, and prices for lake front homes for the first quarter of 2008 were, on average, about 2.5% higher than the first quarter of 2007 (based on FMLS data)! The average list price for the first quarter of this year was approximately $691,000. There are currently 17 properties pending and the average list p...
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Gainesville, GA Foreclosure Help Foreclosure Rates on the Rise in the Gainesville, GA Area Don't feel alone. Many homeowners in the Gainesville, GA Area are facing difficult times due to falling home values, rising food and energy costs, job losses, and adjustable-rate loans resetting to higher rates. According to Realtytrac®, 1 out of every 136 households received a foreclosure filing during the 1st quarter of 2008. The National foreclosure rate was up 23% from the previous quarter, and up 112% from the 1st quarter of 2007. Need help? Are you behind on mortgage payments, or has your mortgage lender contacted you in regards to foreclosing on your Gainesville, GA home? If so, there are several options available to you, including contacting us to see if a short sale may be the answer. For...
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By Amanda Johnson
(Johnson Properties)
 So previously I had a client that had asked me if there were any places in the city of Lula, Hall County, Georgia that were gated and I was unable to please her with anything.  So now we are looking for gated communities in Gainesville city, Hall County, Georgia.  I am still looking for something.  I was hoping that someone out there one this web-site would be able to give me any information.  I would greatly appreciate it.  Thanks!
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By Amanda Johnson
(Johnson Properties)
 So finally I just started to manage my first property here in Gainesville, Hall County, Georgia and boy do I love it!  Gainesville is truly a great city.  The people here are phenomenal as well as many of the homes and properties available.  I've been negotiating with my clients and many of them have been looking to invest in land and homes here.  Hopefully the market will continue to grow here for me as well for others.
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By Amanda Johnson
(Johnson Properties)
 I recently have started to do business here in the lovely state of Georgia.  I have such an optimistic attitude about the market here.  I have heard many great things about many of the areas that I plan to try to look in to, to do business in.  I just got one client here in Gainesville city, Hall county, Georgia! 
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Gainesville Foreclosures by Price, Feature and Amenity Foreclosures in Gainesville, GA by Amenity and Feature   Gainesville, GA Foreclosures in Golf Communities Gainesville, GA Foreclosures in Gated Communities Gainesville, GA Foreclosures in Lake Communities Gainesville, GA Foreclosures in Lake Frontage Gainesville, GA Foreclosures in Community Tennis Gainesville, GA Foreclosures in Community Pool Gainesville, GA Foreclosures with 1 to 2 Acres Gainesville, GA Foreclosures with 2 Acres Plus Gainesville, GA Foreclosure Homes: New Homes Gainesville, GA Foreclosure Homes: Resale Homes   Foreclosures in Gainesville, GA by Price    Gainesville Foreclosures: Up to $200K Gainesville Foreclosures: $200K to $300K Gainesville Foreclosures: $300K to $400K Gainesville Foreclosures: $400K to $500K ...
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Harbour Point Yacht Club, Gainesville, GA Harbour Point Yacht Club, located in Gainesville, GA, is a resort style lake community that offers the ultimate in lakeside living with over 3.5 miles of deep water Lake Lanier shoreline. This master planned community makes the most of the lake setting by offering a 252 boat slip for boating and fishing enthusiasts, 30 day-use slips for guests, gated entrance to provide security for your family, Nantucket style clubhouse that offers over 8,000 square feet of space for events and social gatherings, fine dining at The Gallery Grille, swimming pool with a cascading waterfall, fitness room, tennis center and a playground for your children. As you can see, Harbour Point Yacht Club offers resort-style amenities that truly do provide activities for ev...
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Gainesville, GA New Homes for Sale  New Homes for Sale in Gainesville, GA by Amenity and Feature Gainesville new homes for sale in Lake Lanier country clubs and gated communities...  New homes for sale in Gainesville with Lake Lanier frontage New homes for sale in Gainesville with mountains views New homes for sale in Gainesville with lake views New homes for sale in Gainesville on 1 acre or less New homes for sale in Gainesville on 1 to 2 acres New homes for sale in Gainesville on 2 to 5 acres New homes for sale in Gainesville on 5 acres or more New Homes for Sale in Gainesville, GA by Price  $150,000 to $250,000 $250,000 to $500,000 $500,000 to $750,000 $750,000 to $1,000,000 $1,000,000 to $1,500,000 $1,500,000 to $2,000,000 $2,000,000 or more Gainesville, GA New Homes -Be the First ...
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Marina Bay at Lake Lanier, Gainesville, GA Located in Gainesville, GA, Marina Bay at Lake Lanier offers 393 luxury homesites along with resort-style waterfront living on beautiful Lake Lanier. Naturally inviting, the community's signature clubhouse and lake club amenities offers families a lifestyle that is second to none... 3.5 miles of secluded deep-water shoreline on Lake Lanier, panoramic vistas across Lake Lanier and the distant Blue Ridge Mountains, a 280-slip marina, dry boat storage that is located only .5 miles away, a 14,000 square foot New England style clubhouse, parks, three lit tennis courts, boating, world-class striper fishing, heated pool, and shopping at the nearby North Georgia Premium Outlets. Marina Bay at Lake Lanier Amenities 280 slip marina 36 boat slips for gue...
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By Kim Craft
(Coldwell Banker Heritage)
3/14/08   Sorry about the delay in blogging. I have a very good subject to discuss today. I am working with some folks who are relocating to Gainesville, Ga. from out of state. They asked me to comment on several neighborhoods and to give them a breakdown of the racial make up. Well, since I value my career and the Real Estate license that I worked so hard to get and keep, I had to politely tell them that I am prohibited by law from commenting on anything pertaining to the racial make up of a neighborhood. That falls under the Fair Housing act that was in-acted in 1968. They asked me how they could find out about such things since they no nothing about the area being from out of state. I told them, like I tell any client that asks, the best way for you to do this is to observe the neig...
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By Kim Craft
(Coldwell Banker Heritage)
Hi everyone. I hope the week has treated you all well. The fly bug has hit my house. My wife has been in the bed for 2 days. I just hope and pray it won’t spread.   I wanted to pass along a question that I’ve been getting from buyers lately.   Q: I have been hearing that there are several homes that have been selling for 50 cents on the dollar. If I find a house that I like, what should I offer?   A: Well, I can tell you that I personally have not seen a house sell for 50 cents on the dollar in the past four years. That doesn’t mean that it hasn’t happened, but I haven’t seen it. Homes are still holding their value in the North Georgia area. There are several reason for that. Our economy is still good, unemployment is still down and we live in a desirable area. We are a, “Move to” dest...
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By Kim Craft
(Coldwell Banker Heritage)
Hi everyone. I wanted to let you all know that I will be writing a weekly blog with information about our LOCAL real estate market. I hope you'll find it informative, entertaining and useful. I promise to keep it short and to the point. I will feature answers to questions that are asked of me and other agents that I work closely with. I want this to be interactive so if you have a question, or a topic that you'd like for me to address, call me, 770-654-6656, or email me at kim.craft@coldwellbanker.com.   I'll start this week with a question that is by far the most asked of myself and my colleagues lately.   Q: So, how's your business?   A: My business is great. 2007 was a record year for me with over $6 million in total property closed. 2008 is starting off great as well. There are curr...
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