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Archive for January, 2010

Amazing activity for the third week in January.  Atlanta Fine Homes alone wrote $9.4 Million in contracts last week.  A funny story about the house on Doncaster.  That home has been on the market almost since I started in the business.  They had a huge giveaway to agents at the very first Agent Open House and one of the prizes was a flat-screen tv…I won that.

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We’re continuing to see great activity so far this year.  The $500K price point is still very popular.  This is likely a result of the First-time Homebuyer Tax Credit.  These $500K sales are probably not to first-time homebuyers, but potentially moving-up from selling their previous home to a first-time homebuyer.  The tax credit has a domino effect on the market.

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Note that 14 out of the 19 Pending Sales are either a Foreclosure or a Short Sale.

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Very good numbers for the first week of 2010!

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There are likely to be more homes added to this list.  Since this was the week between Christmas and New Years, many office managers were out of the office and agents were out of town.  Probably, a lot of contracts won’t get turned in till this week which makes this list lower than normal.

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