Archive for May, 2010

Mortgage rates still dropping

Thursday, May 27th, 2010

The only good thing coming out of the Euro crisis are fallingĀ  interest rates. In the US, rates are near all time historic lows — jumbo loansĀ are sub 5.5% and 30 year conventional’s are at 4.5%. Did you know that a full 1% on a home mortgage of $400,000 saves you almost $85,680? That’s a lot of money….

Record Low Rates — Atlanta Business Chronicle

Metro Atlanta median sales price jumps 7%

Monday, May 24th, 2010

An article in today’s AJC reports that home prices for existing properties rose by 7% in April —

Home prices up 7% – AJC.com

Great Quiet Listing in Chastain

Friday, May 21st, 2010

We have a new listing coming on the market in the next few weeks in Chastain Park. A 4 bedroom 3 full bath ranch on 2/3′s of an acre that was completely renovated in 2003. The house is in move-in condition and has ton’s of upside with potential land value in Chastain.

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