Metro Atlanta

First-time homebuyers face harsh housing realities

by Christina Mlynski

The next generation of homebuyers has different expectations of the real estate process, and who can blame them?

They are facing a different set of realities from their parents.

The average Gen Y currently has, on average, $27,000 in college loans to repay, which they may spend the better part of a decade doing — exactly at the same time when past generations were usually saving up for a down payment, writes Doorsteps, a real estate search site.

As a result, the real estate industry has to revamp itself and reimagine how the home selling process will transition in the coming years.

Doorsteps, a real estate search site that develops relationships between buyers, sellers, lenders and service providers, has created a very informative info graphic to show … Continue Reading First-time homebuyers face harsh housing realities

Home improvement: 10 cheap upgrades

Afraid of dipping your toe into the home improvement pool? Don’t be.  There are many things you can do to spiff up the old place without spending a  fortune.
By Bankrate.com

1. Make your kitchen really cook

The kitchen is still considered  the heart of the home. For a few hundred dollars, you can replace the kitchen  faucet set, add new cabinet door handles and update old lighting fixtures with  brighter, more energy-efficient ones. If you have a slightly larger budget, you  can give the cabinets themselves a makeover. Rather than spring for a whole new  cabinet system, which can be expensive, look into refacing the ones you have.  Many companies will remove cabinet doors and drawers, refinish the cabinet boxes  and then add brand-new doors and drawers at a price considera… Continue Reading Home improvement: 10 cheap upgrades

The BIG Question of the day: How Do I Creating Curb Appeal on a Budget?

It’s the one question that is asked often… How to create ‘curb appeal’ when selling your home, but you don’t want to spend a lot to do it? First impressions DO matter!

Working in real estate, I’ve learned that many buyers will drive by a house before they even call for a showing. It makes sense. After all, if the buyer doesn’t like the outside of the house, why would they want to buy the inside? Unfortunately, properties going on the market often have poor or sparsely landscaped fronts that don’t appeal to buyers.

Case and point, I’m helping a former client sell her house. The house is great on the inside, but hasn’t drummed up a lot of interest. She’s on a limited budget, so I had to create some curb appeal without spending a lot of money. Thankfully, I came up with a few curb app… Continue Reading The BIG Question of the day: How Do I Creating Curb Appeal on a Budget?

Short sale experts reveal knowledge behind the industry

By Megan Hopkins
 
With REO sales making up roughly 11% of total sales, it’s important for Realtors to know the short-sale market well, said Ashley Bean, when leading a panel discussion at the REOMAC 2013 Summit & Expo in Dallas.

During the same panel discussion, a number of short sales experts discussed the health of the industry and gave tips to attendees on how to close more sales.

In 2011, the average time it took to complete a short sale was only 108 days, according to Bean. That is a far cry from the 148-day average that came the following year. Now, in 2013, we’ve pushed the time back down slightly, with the average somewhere between 120 and 130 days.

Bean added that Arizona, Nevada, Illinois, Michigan and Georgia are the fastest-moving states, which sh… Continue Reading Short sale experts reveal knowledge behind the industry

Events update from Councilman Lance Rhodes!

 

Councilman Lance Rhodes

1257 Spencer Ave.

404-234-5022

Lrhodes@easpointcity.org

East Point Neighbors,

Following are several items of interest.

Please let me know if you have any questions or concerns. I work diligently to return all calls and emails within 24 hours.

Have a grand week.

Friday Night Flicks Outdoor Movies

3rd Friday from May – September

The pre-movie activities begin about an hour at dusk, the movie will be shown at dusk. The movies are held in the Downtown Commons Area, 2757 East Point Street-Across from East Point City Hall and just one block from the East Point MARTA Station. Grab dinner to-go at one of our great Downtown restaurants and t… Continue Reading Events update from Councilman Lance Rhodes!

One ‘new’ idea to sell your home: Make a video

An on-camera testimonial about your house and neighborhood could draw more traffic for open houses and showings and even sell your home faster or at a higher price.
By Melinda Fulmer of MSN Real Estate

© Tim Robberts/Getty Images

Home sellers should get ready for their close-ups.

More real-estate agents are asking owners to take a starring role in short videos touting the best features of their home and neighborhood. These videos, designed to make a home stand out in Web searches, can move homes faster, because they draw more traffic for open houses and showings. Some agents believe they can help sellers fetch a slightly higher price for their home, even in a sluggish market.

“It generates more people that might be interested,” says Terry Burger i… Continue Reading One ‘new’ idea to sell your home: Make a video

It’s Back! The EPMSA Farmers’ Market!

The East Point Farmers Market is an initiative of the East Point Main Street Association and the City of East Point with the support of a large group of volunteers.

Our mission is to create  a unique experience in the Downtown District for all who shop here, where we will consciously offer fresh food options that are as healthy for the people who eat them as for the ground in which they are grown.
We need your help!
The EPFM Committee is wanting to do some consumer research regarding the 2011 & 2012 Farmer’s Market seasons and we are hoping you will take 5 minutes of your time to take our 10 question online survey to give us some feedback that we will use to pan for the 2013 Season! Feel free to forward to others you know that have attended the market either in the 2011 or … Continue Reading It’s Back! The EPMSA Farmers’ Market!

Something Old Bought New: Some buyers prefer a piece of local history

 by Megan Hopkins

With housing starts on the rise, new homes are popping up all over the country. But many homebuyers prefer older homes that are often considered a piece of local history.

Trulia ($34.88 0%) gathered information from the past two years and discovered the unique characteristics of homes built in each decade.

The oldest homes on the market were built before 1900 and are heavily concentrated in New England and upstate New York. These old homes are far more likely to mention exposed brick, pocket doors, carriage houses and grand staircases than homes built more recently.

A large portion of homes built in the 1900s can be found in San Francisco, while homes from the 1920s are easiest to find in New York, Los Angeles and several Ohio markets. Homes from… Continue Reading Something Old Bought New: Some buyers prefer a piece of local history

YGFT — Ask the Inspector

 Driveways 

Q: Aren’t all driveways the same? As long as I can drive on them, why should I care what condition they are in?

Driveways are not all created equal, or even made of the same materials. Driveways can be formed from concrete, asphalt, gravel, epoxy stone, pressed concrete, brick or other materials. Driveway length, width or clearance may be a consideration depending on the location of the home, vehicle size and weight. For instance, if a mountain cabin is under consideration in a heavily treed area, is the driveway sufficient for a fire engine to navigate in the event of a forest fire? In colder climates, is the driveway too long to make speedy snow removal feasible? Is it too steep for traction in the rain? When considering a floating home, is… Continue Reading YGFT — Ask the Inspector

Diamonds in the rough: How to find the perfect fixer-upper

To finish up our week-long series on Fixer Upper Homes…
Dirt and clutter can be your best friends when it comes to finding a bargain property

By Julie Cazzin | MoneySense Magazine

When Bill and Carole Dobson went looking for a home, they knew exactly what they wanted to find, a run-down house with a depressing exterior and a drab, dingy interior.

They found it. The front lawn of one property they visited was a blank rectangle, with sparse grass but not a single shrub or tree to break up its unappetizing appearance. From there, things rapidly got worse. The backyard was littered with dog poop and looked onto a seedy back alley. The interior of the two-storey, 158-sq-m house was full of worn carpets, dark paint and faded wallpaper.

But it was a solid house in a leafy n… Continue Reading Diamonds in the rough: How to find the perfect fixer-upper