2014 was the best year that our Team has ever had in our 12
years in business! I would like to thank our Team, our Clients, our Brokers,
our Referral Partners, and the strong Coweta and Fayette County economies for a
great 2014. Thank you all!
Why should our sales performance matter to you as a home Buyer
or Seller – because Experience Matters! Let’s face it - Everyone knows somebody
or has a parent, friend, aunt, uncle or cousin in Real Estate. Why not just use
them, aren’t all agents the same? Would you go to a foot doctor for a
headache? Probably not - Experience in Real Estate transactions AND the
specific geographical area are critical in getting a fair deal and closing your
home sale or purchase on time and with the least amount of hassle to you. Pick
an Agent or Team that has proven experience and is ACTIVE in the area where the
house that you are selling or buying is located.
Below is a map of our Closed Sales for 2014. Yes, this is just
for the year 2014! We closed a few sales inside the Perimeter and outside the
South West Metro Atlanta area, but the bulk of our sales were right here in
Coweta and Fayette Counties.
Looking to sell a home or property in Newnan, Senoia, Peachtree City or Fayetteville? Read the full report to see how our focus on key sales metrics can save you BIG MONEY when selling your home.Read the full report here
Looking for Newnan homes for sale, Senoia homes for sale, Peachtree City
homes for sale, or Fayetteville homes for sale? Give us a call and become one of
our satisfied Buyer clients.
Dan CampbellAssociate Broker, REALTOR®The Campbell Team at RE/MAX ResultsDan@BestGeorgiaHomeSearch.com
Great Price in Peachtree City!!
5 Bdrms. 3.5 Baths on Full Basement
Fayette County Home Sales Volume Up but Sold Units Fall in 2014
Summary of Market ConditionsThe Fayette County (GAMLS area 171) Single Family Home Sales numbers (units) started the first half of 2014 well off the 2013 sold home figures. However, the volume in $$s for those sales improved throughout the year in 2014.
The 2014 Home Sales were 1607 houses - down by 47 sold houses, a decrease of 2.84% over 2013 numbers.
The 2014 Total Sales Volume in $$s for the Fayette County area was up $25.49M as compared to 2013. Single Family Home Sales Volume totaled $446.1M in 2014 as compared to $420.6M in 2013, a 6.06% sales volume increase.Sellers are continuing to see relief after being locked into their homes for the last 4 to 5 years. Sellers are now able to sell existing homes and move up to larger homes or downsize to smaller homes based on their current lifestyle requirements. This Report will give you a look into the data and reports that we as real estate agents use to assess home prices and market conditions. Conclusions here are drawn from analysis of Single Family Detached Home listing data from the Georgia Multiple Listing Service (GAMLS), the real estate tool used by most real estate agents in the Coweta County Area. Check out the complete report here.Thinking of Selling, Buying, or Both? Give us a chance to show you why we remain one of the top Real Estate Teams in the SW Atlanta area.Thanks,
Newnan / Coweta County Home Sales Volume Up $67.7M or 17.02% in 2014
Summary of Market ConditionsAlthough 2014 started with a slightly lower number of homes sold in Coweta County (MLS area 181), single family home sales finished VERY strong in both number of units sold and the total sales volume of those units during 2014 as compared to 2013.
The 2014 Home Sales were 2278 houses - up by 158 sold houses, an increase of 7.45% over 2013 numbers.
The 2014 Sales Volume in $$s was $465.47M - up $67.7M, an increase of 17.02% over 2013 volume figures. Sellers are continuing to see relief after being locked into their homes for the last 4 to 5 years. Sellers are now able to sell existing homes and move up to larger homes or downsize to smaller homes based on their current lifestyle requirements. This Report will give you a look into the data and reports that we as real estate agents use to assess home prices and market conditions. Conclusions here are drawn from analysis of Single Family Detached Home listing data from the Georgia Multiple Listing Service (GAMLS), the real estate tool used by most real estate agents in the Coweta County Area. Check out the complete report here.Thinking of Selling, Buying, or Both? Give us a chance to show you why we remain one of the top Real Estate Teams in the SW Atlanta area.Thanks,
Thinking of selling your house? The first step in the process is usually interviewing agents and choosing one who will represent you in the sale. A good listing agent will not only represent your best interests in the transaction itself, but will coach you on where to focus your attention to get the highest possible sales price and ensure that any milestones within the eventual purchase contract are properly completed.
Here are some things to consider when hiring a listing agent:
A GOOD QUESTION TO ASK: WHAT HAVE YOU DONE?
Some agents will tell you about their broker's reputation and give you lots of statistics about their national production but won't necessarily be ready to talk about their personal production. This should be a red flag, because having a reputable "brand" behind you is super important, but it is absolutely no substitute for the REAL WORLD EXPERIENCE of the individual agent. It is nice to know that agents somewhere in your company have sold lots of real estate in these great United States, but what have YOU sold here in Georgia? And what do you know about MY specific market?
ANOTHER GOOD QUESTION TO ASK: WHAT HAVE YOU DONE LATELY?
Was your last listing in early 2012? Guess what? While the skillsets that are acquired while working in any market never go out of style, markets constantly change and adapt. From 2009 - 2011, real estate markets across the country (and yes, here in Coweta, Fayette, Fulton Counties too) were dominated by foreclosure and short sale activity, and as a result, sales prices dropped dramatically. Would you want your agent to be advising you from the outdated perspective that you'd need to price like a foreclosure or short sale to be competitive? Of course not! Not when less then 2 percent of the current available housing inventory is in the foreclosure category. You want an agent who is in tune with the CURRENT market, who has the experience acquired from managing past transactions throughout good times and bad, but is ACTIVELY selling homes.
OH, AND WHAT DO YOU KNOW ABOUT BUYERS?
Aside from understanding the trends in the area and knowing what buyers are buying, your agent needs to understand the loan process. It's important to know when a loan is going to be problematic, because a successful loan is a HUGE part of almost all successful real estate transactions. Sure, there's cash, but even cash sales require an agent who knows what documents to request to verify that there are sufficient funds available now (not eventually!) for the sale of your property. Don't accept the excuse that "the listing agent doesn't need to know the loan process", because you'll be shortchanging yourself and adding potential risk to the sale of your home.
So where do you go from here?
WHAT TO EXPECT FROM A "LISTING APPOINTMENT" WITH JACKIE CAMPBELL, REALTOR
My listing appointments are generally divided into 3
MAKE A PLAN TO MAKE IT MOVE AT TOP DOLLAR: I review /walk through the house with you and
advise on ways to prepare the home for optimal market pricing
PRICE IT TO SELL WITHOUT LEAVING MONEY ON THE TABLE: I review with you the sales in the neighborhood
that have taken place over the past year so that we can develop a likely
pricing scenario—the goal here is to get the most money for the house within
the appraisal guidelines
EXPLAIN WHAT WE'LL DO TO GET IT SOLD: I review with you our marketing programs and
team contract-to-close process so that you’ll know what our team does
throughout the process
Let me know if you’d like to schedule a time for me to go
out to talk to you and see YOUR house. I'd love to be your realtor.
Jackie Campbell, Realtor
The Campbell Team at RE/MAX Results
As an update to my recent blog on the topic of whether the housing market was dead in the Newnan, Peachtree City, and Fairburn areas (hint, it is NOT)....
I thought you might also like to know how low the foreclosure activity is right now, since there is a lingering interest in this segment of the market. When people call me to say "Hey, Jackie, I want to invest in real estate properties--find me a foreclosure", I have to caution them that limiting their searches to properties that are within this segment of the market is akin to looking for a needle in a haystack. Or as my partner says, "Looking for a needle in a haystack and there aren't even any haystacks."
Sometimes the numbers make things a little more clear. Take a look at the current inventory of foreclosed homes in our area. You'll see what I mean.
Of 816 Active Single Family Listings, there are 15 Foreclosures/Bank Owned / Government Owned properties for sale. They range from $16,200 to $244,500 in price.
Of 598 Active Single Family Listings, there are 6 Foreclosures/Bank Owned / Government Owned properties for sale. They range from $80,000 to $201,400 in price.
Of 135 Active Single Family Listings, there are 2 Foreclosures/Bank Owned / Government Owned properties for sale. The two are priced at $63,000 and $89,900.
SOUTH FULTON COUNTY FORECLOSURES
Of 723 Active Single Family Listings, there are 14 Foreclosures/Bank Owned / Government Owned properties for sale. They range from $21,900 to $244,900 in price.
You missed the bottom of the market, but trying to time the market is like trying to catch a falling knife. Better be pretty tough and able to endure a cut.
There are other ways to take advantage of the market, but it takes a more patient investor, and one (usually) with better resources--either by having a bigger budget or more skills that you can fix up those properties that no one else is willing to take on.
Either way, prepare yourself. It's a different market than it was in 2012.
As always, let me know if there is anything I can do to assist you with your real estate needs.
The reports of my death were greatly exaggerated.
Here’s the county-by-county breakdown:
Inventory is still low! In a market where 2100 – 2400 listings is “normal”, we currently have 839 single family homes that are listed in the county. Guess how many sold in the last 1 year prior to that? 1,949! That means that, on average, your realtor community was selling 162.42 houses PER MONTH. That means there is currently only a 5.2 month’s supply of inventory, and that points to a balanced market. Take into consideration the fact that there are 320 homes that are under contract, and you’ll see that the trend is very healthy AS OF THIS MOMENT IN TIME and that the slow down in activity that we typically see when the seasons change is not as significant as we have observed in the past.
Fayette always lags behind Coweta County in volume sold, but outperforms in the price category. Of course, I guess that depends on your perspective, since our Buyers don’t typically agree that being more expensive is a good thing. Of the 1467 listings that sold in Fayette County over the past 1 year period, 15 were over $800,000, when only 2 were over $800,000 in Coweta County. The high sale in the county clocked in at just under $6 million, and I’m so proud to say that yours truly--THE CAMPBELL TEAM represented the Seller on that one. (Shameless plug, I know.) There were 3 other sales in Fayette County that sold in the “$1 millions”. Oh, and there are only 629 active listings in Fayette County right now. Again, just over 5 months’ supply of houses, if you don’t count the 215 pending transactions.
Even the much beleaguered S. Fulton County housing market has a strong pulse, with 1539 homes having sold since this time a year ago, and with a near-record low 757 available homes for sale. Property values still have a way to go here, (no higher end sales for the county for the year) but the activity level is high and there are 282 properties under contract.
So, what does it all mean? In Coweta, Fayette and South Fulton Counties, the current number of pending transactions is over DOUBLE the normal number of transactions that we see in a month. You could factor out transactions that might have an extended close date, since a portion of the pending transactions will not close in the next 30 days. But still. The message from our pending sales activity suggests that now is a fantastic time to sell your property. Strong buyer demand. Low inventory. Higher than normal pending sales. These market indicators all scream, “It’s ALIVE. “