This Month in Real Estate

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Sellers are motivated!

When supply exceeds demand, buyers have the upper hand—and that’s where we are now! The current supply of homes for sale now stands at 12.5 months, meaning that at today’s pace of home sales, it would take twelve and a half months for the existing inventory to sell. For you as a buyer, this means lots of choices, lots of negotiating power and that smart sellers are fiercely competing for your business, both in terms of the price and the condition of their homes. For more reasons why now is prime time to buy a home, contact me and I’ll send you a free ebook.

Mortgage rates are at rock bottom and won’t stay there forever!

The national average on a 30-year fixed-rate mortgage dropped to 4.36 percent in August 2010—lower than it’s been in the past half century. Interest rates for the same time last year average 5.19 percent, representing a difference of $90 in the monthly payments on a $200,000 home with 10 percent down, as well as a savings of $32,400 over the life of the loan. For reason why now is prime time to buy a home, contact me and I’ll send you a free ebook.

Buyers have the edge!

According to Lawrence Yun, chief economist from the National Association of REALTORS, “Home buyers over the past year got a great deal, and buyers for the balance of this year have an edge over sellers. Affordability could reach a generational high in the second half of this year because of rock-bottom mortgage interest rates, helped partly by the Fed’s very accomodative monetary policy.“ For more reasons why now is a prime time to buy a home. Contact me and I’ll send you a free ebook.

It’s prime time to buy a home!

I just read a great ebook called “7 Reasons Why Now Is a Great Time to Buy a Home! It’s filled with positive, exciting information to help buyers seize the incredible market opportunities available to them right now. Over the next seven weeks, I’ll be sharing key excerpts from this ebook with you in my blog. For a free copy of this ebook, contact me and I’ll send it your way.

Time for a new “pad”?

CLICK HERE to find your perfect “pad” in North Atlanta!

New Listing! Fairmont Subdivision in Alpharetta

Busy weekend! The Diane Kelly Team has just listed a new 3 bedroom / 2.5 bathroom two story traditional in the Fairmont swim and tennis subdivision located just north of Windward Parkway on Highway 9 in Alpharetta. This is a charming, low maintenance property with hardwood floors in the Family Room and Dining Room. The Kitchen has ceramic tile, plenty of cabinet space with a nicely sized pantry. On the second floor you’ll find the master suite with two additional oversized bedrooms. The backyard is like the Garden of Eden, with lush organic vegetable gardens, firepit, fish pond, waterfall and so much more. This is a MUST SEE being offered for $229,900! For more information go to http://www.fairmont4sale.com or go to www.dianekellyteam.com

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Just Listed! Compass Pointe in Windward 6 bedrooms/5 bathrooms

We’ve just listed this spectacular two story, traditional property in the Compass Pointe section of Windward, in Alpharetta, Georgia which is a swim and tennis community. This home is well over 3,000 square feet, on a cul-de-sac, has a finished terrace level with a bedroom, full bathroom and full kitchen! Beautiful hardwood floors throughout the main floor and throughout the second floor. This is a lot of house for the money, which is being offered for $400,000. For more information go to http://www.windward4sale.com

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April 30th Deadline – $8,000 Federal Tax Credit

There is still plenty of time to find a house and take advantage of the $8,000 Federal Tax Credit for Buyers of their primary residence! The KEY date is that buyers MUST have an accepted Sales Contract on a house, condo or townhouse no later than April 30th. The property DOES NOT need to close until June 30, 2010. Thus, you have about 2 weeks from today to find the property you want and take advantage of this program. The opportunities for new home buyers right now are incredible. Never in my lifetime have mortgage rates been this low AND property values at such an amazing bargain AT THE SAME TIME. Plus, on top of that you can get up to an $8,000 Federal Tax Credit…what could possibly be better? Give the Diane Kelly Team a call today at 678-907-9155 to find the perfect home for you at such an phenomenal bargain.

The Falls of Autry Mill in Alpharetta, GA 30022

If you are seeking a new luxury home in a fabulous, well established subdivision in Alpharetta (North Atlanta) you should definitely take a look at The Falls of Autry Mill. The Falls of Autry Mill is ideally located right off of Old Alabama Road, close to Hwy 141 / Medlock Bridge Road and easily accessible via GA 400 from either exit 7, 8 or 9. Properties range in price from $500,000 to $1 million and higher. To view properties for sale in The Falls of Autry Mill just click on this link http://www.dianeekelly.com/alpharetta/homes/the-falls-of-autry-mill.shtml