Category Archives: News

Home Sales for the Past Year

Happy New Year!  It’s still January so I can still say that.

The real estate market continues to be great!

Housing Indicators are in for 2019, and it was another great year for Georgia’s housing market! With a strong economy and low mortgage rates, buyer activity has been strong. However, inventory levels are still below historical norms, and prices continue to rise.

A few quick facts are listed below – all indicators are year over year for existing single-family homes.

• Median Sales Price: 6% increase to $228,000
• Pending Sales: 6.7% increase to 145,087
• Closed Sales: 4.9% increase to 142,915
• New Listings: 6.4% increase to 201,215
• Average Sales Price: 4% increase to $272,207
• Days on Market: 5% decrease to 55 days
• Months Supply of Inventory: 10.8% decrease to 3.3 months

If you are thinking about buying or selling, now is a good time.  Mortgage rates are still low and prices will continue to go up. Give us a call, we are here to help.

Marie Dinsmore

The Dinsmore Real Estate Team

770-712-7789

How to Buy a Home This Year!

Here’s what home buyers and those who dream of owning a home need to know. Inventory’s still tight, but there are great houses waiting to be bought and loved.

Consider a fixer-upper. Instead of looking at houses above your budget, look at fixer-uppers priced below your budget and invest the rest upgrading it. You’ll end up with a home full of your own design choices, and just think of the eventual return on investment. Just be sure to buy smart: avoid fixer-uppers with red-flag issues like a crumbling foundation.

Look at old listings. Old doesn’t always mean a listing has issues—it can also mean the house was priced too high from the start. Some sellers drag their feet before lowering the price, and the house just hangs out on the market. When buyers search only for new listings, they can miss great properties with price adjustments.

Get a sneak peek. Ask your agent about “coming soon” listings for homes waiting to hit the market. Often, real estate agents have the inside scoop on homes two to four weeks before they’re listed.

Don’t let the tight market and interest rates slow down your home buying momentum. There are great homes out there, whether they’re in a hot up and coming neighborhood or your own neighborhood. For you, this year or in the New Year may just mean a new home. You can start looking for it today!

Should your real estate agent be a real estate professional?

A seemingly logical question might be, aren’t all real estate licensees professionals? One would hope so, but how does one distinguish this? A dictionary definition would likely say that professionals of any stripe are those that make a living in a particular trade. In that sense, any licensee actually working in the trade could be considered a professional. But can you afford to leave it at that?

By a more critical standard, real estate professionals are those that truly commit themselves to their trade. Not only do they strive to make a living out of the trade, they spend extra effort assuring competency in the work they do. They find themselves among a fellowship of like-minded people who take exceptional pride in their work. And there are plenty of statistics available that indicate that REALTORS© are far more productive, better servants.

So for a consumer to determine if their prospective agent is a professional, they might begin by asking if the agent is a REALTOR©. REALTORS© are licensed tradesmen that have committed to serve and be bound under a professional code of ethics. Licensees that do not choose to be REALTORS©, choose not to be bound by those high ideals—although surely there are some among the uninitiated that philosophically subscribe to the professional standards of the REALTOR©, they just don’t want to officially commit, for some reason.

Maybe that’s the question to ask. Why is a licensee not a REALTOR©? It’s a fair question, and one that consumers might want to ask, because if consumers become unhappy with the licensee’s work, they have a singular, logical recourse for remedy—through the judicial process, ideally via the office of the state’s real estate commissioner. On the other hand, REALTORS© have a formalized process for addressing grievances though state associations and local boards. At the associations and boards, a consumer may choose to mediate or arbitrate the matter. In such cases, a panel of REALTOR© professionals may be appointed to judge the behavior of the REALTOR© in question, and decide whether that person should be allowed to continue serving in the brotherhood. Then, if the consumer remains unsatisfied that sufficient atonement has been achieved, there is always the court system to fall back on.

Finally, please don’t forget to thank a REALTOR©, if you know one, because REALTORS© are your advocate in government. The fellowship they comprise represents the most influential voice in the entire country committed to protecting individual property rights for homeowners—from the White House all the way down to the local municipality. REALTORS© are the consummate professional.

Just remember that not all real estate licensees are REALTORS©, and there is a difference. So ask the question. Are you a REALTOR? And if you suspect a devious answer, asks to see a membership card. There really is such a thing.

The Actual Wage Needed To Rent In Forsyth County

The National Low Income Housing Coalition published its annual “Out of Reach” report, finding that rental housing needs are worsening.

There is no state in which the typical minimum-wage worker charting a 40-hour week can afford to rent a modest two-bedroom apartment. Furthermore, that same worker couldn’t afford a one-bedroom rental in 99 percent of counties in the United States. That is according to an annual report published recently by researchers at the National Low Income Housing Coalition, which looked at rental costs in counties and metro areas nationwide.

The hourly wage necessary to afford a two-bedroom rental at fair market rent is $21.27, more than the $18.42 needed to rent in the state overall and less than the national wage of $22.96 in the Forsyth County area.

There is no better time to buy a new home than now. Call Marie at the Dinsmore Team @ 770-712-7789.

? Alpharetta’s 2018 Small Businessperson of the Year Revealed!

After two months of nominations and voting, we’re delighted to announce that there’s a winner for Alpharetta’s 2018 Small Businessperson of the Year! The winner is Marie Dinsmore of The Dinsmore Team – ReMax Around Atlanta.

Competition criteria focused on local SMB role models, who are dedicated to helping other small business people succeed. After an extended round of nominations, top nominees advanced to the finalist stage, where local Alignable members voted for their favorite candidate.

Alpharetta’s winner has received a personalized badge to celebrate this achievement. The badge can help drive more prospects, visibility and recognition on our Alignable network for the rest of 2019 and beyond. We encourage each winner to share the badge on other social media, blogs, and external sites, as well.

We were thrilled with the massive response we had after announcing this contest, which was held in 1,400+ communities across the U.S. and Canada. Special thanks go out to all participants, including more than 30,000+ nominees and voters.

Community Resources

WELCOME

2019 Welcome Services

The Dinsmore Team has created this handy guide for both Buyers and Sellers. The guide lists trusted service providers that we use personally and professionally. The providers listed service the Forsyth and North Fulton County areas.

2014 Complete Guide to Moving

This 20-Page Guide will be your comprehensive source for selling your home and planning your move. It includes tips for getting ready to sell, planning your move, packing and transitioning into your new home.

2014 Home Owners Tip Guide

This 20-Page Guide will help you develop an annual maintenance schedule for your home's systems and appliances to help you avoid bigger problems by taking care of them while they are small. It's also a great resource for trouble shooting malfunctions on your own, saving you time and money.


utilities

Looking for a fast way to connect all of your utility services online? Try Connect Utilities.

Please let us know if there are other resources you'd like to see.

Marie@DinsmoreTeam.com

770-712-7789