Karen Rychlik's (karenrychlik) Blog

Starting October 4th, the Federal Housing Administration (FHA) will implement changes to its FHA-backed mortgage which will increase the cost for a buyer to obtain an FHA loan.  FHA has experienced an escalated amount of delinquencies during the mortgage recession.  In the third quarter 2010, 14....

The First Multiple Listing Service and experts reported the following: 1)      There were very mixed results in May for the Atlanta housing market.  On the front end, closings were up, but on the back end, fewer homes accepted a contract.  This translated into fewer closed sales in June and fewer...

I subscribe to a quarterly statistical report specific to West Cobb real estate sales. The 2nd quarter 2010 numbers have just been released by Chartmaster Services and include the following:  Sales of single family detached houses January through June were +3.9% above those of the same period las...

The First Multiple Listing Service and experts reported the following: 1)      There were very mixed results in May for the Atlanta housing market.  On the front end, closings were up, but on the back end, fewer homes accepted a contract.  This translated into fewer closed sales in June and fewer...

The First Multiple Listing Service and experts reported the following: 1)      There were very mixed results in May for the Atlanta housing market.  On the front end, closings were up, but on the back end, fewer homes accepted a contract. 2)      Sales of all single family properties in May 2010 ...

1)      There are numerous signs that the housing market is turning positive.  But a robust rebound is not expected. 2)      Sales of all single family properties in April 2010 were up 12.2% compared to April of 2009.  Sales in 2010 have steadily outpaced 1st quarter 2009 sales. 3)      4,028 sin...

The First Multiple Listing Service and experts reported the following:1)      There are numerous signs that the housing market is turning positive.  But a robust rebound is not expected.2)      Sales of all single family properties in March 2010 were up 7.1% compared to March of 2009.3)      3,79...

This might be a great time to list your home on the market for sale.  The strongest season for homeselling, in almost 3 years, is likely just ahead.  Last year, many sellers' efforts to sell their home were unsuccessful because buyers had so much to choose from.  The number of homes on the market...

Statistical evidence indicates that a recovery in West Cobb single family sales may be underway! But, it must be noted that there are still areas of concern that may limit the degree and time frame of the recovery. Positive factors are found in the 4th quarter 2009 sales data which include: Sales...

On November 23rd, the First Multiple Listing Service reported the following:  1)      Pre-holiday cheer was reported - October had the strongest year-to-year increase in closings for all single family since May 2006! 2)      Inventory levels keep dropping.  As supply and demand reverse, home pric...