Georgia Short Sales in 2012
January 23, 2012 by Matt Newman · Leave a Comment
The real estate market in the north Atlanta area is showing some signs of balance. That being said, we have seen prices slide fairly consistently since our peak in the summer of 2007. The Case-Shiller Home Price index (all of metro Atlanta) shows our market has dropped more than 33% since the peak in July [...]
CitiMortgage and Keller Williams Partner on Short Sales
June 2, 2011 by Matt Newman · Leave a Comment
CitiMortgage has selected Keller Williams Realty to partner with in regards to aiding defaulting homeowners facilitate a short sale. Letters will be mailed on June 8, 2011 that will go out to homeowners who are 90-days or more behind in making their monthly mortgage payment. These letters will contain the names and contact information of [...]
2011 Short Sale Predications
January 3, 2011 by Matt Newman · Leave a Comment
Short sales became nearly impossible to avoid in the real estate market across the Atlanta Metro Area during 2010. Whether you were looking to buy a house, trying to sell, or just monitoring neighborhood values, chances are that a short sale listing or sale crossed your path in some shape or form. While some markets [...]
Tips on Buying a Short Sale Home in Johns Creek, Alpharetta, Milton, Cumming, Suwanee and Duluth
December 9, 2010 by Matt Newman · Leave a Comment
The north Atlanta areas of North Fulton, South Forsyth, and Gwinnett counties have seen their fair share of action as a result of the real estate recession currently impacting most of the country. In addition to the many foreclosures that have plagued the market, pre-foreclosures have also become quite the norm. Pre-foreclosures, most commonly referred [...]
FAQ: Short sales
November 9, 2010 by Matt Newman · Leave a Comment
As a short sale listing specialist, I work on a regular basis with homeowners that owe more than their homes are worth and are looking for a way out. In many cases, homeowners have missed mortgage payments and may be heading down the path of foreclosure. Many homeowners have exhausted all possibilities such as depleting [...]
August 2010 Short Sale Update
August 9, 2010 by Matt Newman · Leave a Comment
2010 has been a busy year for us with short sales really dominating the market. We have successfully closed short sales this year with most of the larger lenders such as CitiBank, Chase, Bank of America, SunTrust and many more. In addition, we have worked with several local banks and credit unions. Every situation is [...]
Short Sales will dominate in 2010 and beyond across North Atlanta
January 26, 2010 by Matt Newman · Leave a Comment
Today’s release of the S & P Case-Shiller Index justifies that any recovery in the Atlanta housing market is only slight and that short sales will be the story for 2010 and beyond. The numbers released today show an equivalent home price value to what we last saw in June of 2001. Most homeowners that [...]
Metro Atlanta Short Sale Fraud
December 23, 2009 by Matt Newman · Leave a Comment
With short sales becoming so prevalent in today’s real estate market, criminals have found new ways to take advantage of the situation. It is the same scheme that took place during the housing boom when prices where rising rapidly, only now it is reversed and geared toward these changing real estate times. Unfortunately, these folks [...]
What is in store for Short Sales in 2010
December 21, 2009 by Matt Newman · Leave a Comment
Short sales have been around for many years but only the recent housing bubble burst has resulted in such real estate transactions becoming so common. Estimates have been that around 50% of all home sales are so called “short sales”. For those new to the concept, basically a short sale means that a seller/homeowner is [...]
Under Contract: 117 Townsend Pass, Alpharetta, GA 30004
December 6, 2009 by Matt Newman · Leave a Comment
Pre-Foreclosure/Short Sale in prestigious Blackberry Ridge located in charming southern Cherokee County. This custom home was completed in 2008 and features a large gourmet kitchen, keeping room, 2-story great room, 3-car garage with in-law/nanny suite, rocking chair front porch and sweeping mountain views.
