Karen Rychlik's (karenrychlik) Blog

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Real Estate Agent - Prudential Georgia Realty
RECENT BLOG POSTS
After 3 months of increased home sales, August and September resulted in decreased home sales compared to the same months in 2008.  We have had more homes go under contract the last few months versus 2008, so why the year-to-year decline the past couple of periods?There were a lot of areas in Met...
10/23/2009
On September 22nd the First Multiple Listing Service reported the following: 1)      Last month's report predicted that August's closed sales of single family homes would exceed those of August 2008 resulting in the second month in a row of increased sales.  Unfortunately, August's closed sales f...
09/24/2009
Per an article by Lawrence Yun, chief economist of the National Association of Realtors, inventories are tightening as a result of pending home sales in July reaching their highest mark in two years.  Closed sales continuing on an upward path also contributes to the tightening of inventories.  Th...
09/23/2009
August 20th the First Multiple Listing Service reported the following: 1)      Last month's report showed a decline of 12.3% for closed sales of single family detached homes.  But, after collecting lagging data, the decline is only 5.1%. 2)      It's not official yet, but after lags are reported,...
08/25/2009
According to a published report by Larry Edelson, real estate prices in the US have hit the bottom and are recovering. Not everybody will agree with this statement, however, this forecast does not reflect property prices in every town. All the evidence tells us that real estate prices are a barga...
07/14/2009
Are you aware that the State of Georgia is not funding the Homestead Exemption Taxpayer Reassessment Relief Act?  What does this mean?  First and foremost, this does not affect the Homestead Exemption at the county level which represents the largest portion of the total exemption.  The 2009 tax b...
06/25/2009
On June 20th the First Multiple Listing Service reported the following:  The number of single family closed sales was 4,009 in May 2009 compared to 3,785 in April 2009.  This is a decline of 24.7% since May 2008 and the 30th year-to-year percentage decline out of the past 33 periods. A key step t...
06/23/2009
On April 21st, the First Multiple Listing Service reported the following for Metro Atlanta:1)  The number of single family closed sales was 3,727 in March 2009 compared to 2,411 in Feb. 2009.  Although this is a decline of 25.1% from March 2008, the dramatic increase in the number of sales from F...
04/29/2009
Reserve the date - Tuesday, May 5th from 9 am to 3 pm.  A Gold Party will be held at my Keller Williams Realty office.  Sell your unwanted gold for cash on the spot.  17% of the vendor's proceeds will be donated to Feed My Lambs, my office's sponsored charity.  I sold 3 pieces of jewelry at our p...
04/23/2009
Coupled with low home prices and low interest rates, Buyers have the buying opportunity of a lifetime!  Expect to see evidence of increases in the rate of sales by summer. Finally, after months of published declines, several sources are reporting improvements in the Real Estate market. According ...
03/27/2009
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Karen Rychlik

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