All About Athens, GA
Contact Michelle DeRepentigny of Success Realty, Athens, Georgia at 706-207-2502.
Athens GA Real Estate, Relocation, Community News & Event Information

Spring Market in Athens, GA Area...Hot, Hot, Hot!

According to the GA Association of REALTORS®   "The sun is shining brighter for longer, the birds are chirping a bit louder and people have a renewed spring in their step. And then there's the climate. Home buyers and sellers are readying themselves for an exciting Spring market."



In the Athens GA metro area we are seeing low inventory, multiple offers, and homes in good condition selling near, at, & above list prices.  The real estate market is definitely on the upswing!  Happy Spring!




Athens, GA - retirement info and award for 2013!

We are not just a college town .... come check out Athens, GA if you are looking to retire!!

Athens, GA - Best Hamburger!

Congrats to one of my all time favorite restaurants, Clocked, for making the Southern Living "Best Burger" list! My photo is from 2008, but thankfully not much has changed...although I do wish they would put fried pickles back on the menu....


Athens, GA Farmers Market

AirCanda features the Athens, GA Farmers Market - too cool!

Here are a couple of photos of the Athens, GA Farmers Market from one of our visits.












Real Estate Predictions for 2013

"2. Home sales increase 6-7 percent while home prices increase 3-4 percent. "

Can I get an Amen?


Read all 10 National Predictions.


New Starbucks at the Ingles in Hull, GA

A recent Business Insider article is titled:  "If A Starbucks Opens In A New Neighborhood, It's Time To Buy A Home There".    "He's talking about big chains such as Starbucks and Whole Foods. If you see them opening in a new neighborhood, it's a sign that the neighborhood is up-and-coming, and therefore a smart real estate bet."

That means good news for Madison County with the recent opening of the Starbucks in Ingles!  

I also think it means great news for Athens as a whole with the commercial activity we have seen via The Fresh Market, the new Longhorns, etc!

Holiday Help!

Visit houselogic.com for more articles like this.

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

Georgia Real Estate Market News

Per CoreLogic home prices in GA have risen 2-4% over the prior 12 months when you include "distressed sales". Even better news - when you remove the "distressed sale", prices have risen 4-6% over the prior 12 months (September 2011-September 2012)


I love my Athens, GA Buyer Clients!

I put the Mad Hatter under contract today! And yes - he looked at houses dressed like that on Saturday! I love my clients!



Athens, GA named in the Money CNN top 25 of places to retire for 2012!

Athens, GA named in the Money CNN top 25 of places to retire for 2012!

25 Best Places to Retire






Fall in Georgia - the best time for home shopping!


We are excited to see the approval of the new Hyatt, which will bring more jobs and tourism to Athens, GA!

Hyatt Place Hotel approved for Athens, GA

Athens ranks on list of top college towns


Athens ranks on list of top college towns



4 Strong Reasons to Buy a Home Now!

This one is especially true in the Athens, GA area....


"2.  It's cheaper to buy than rent."

4 Strong Reasons to Buy a Home Now












Caterpillar coming to Athens, GA!

Exciting employment and growth news for Athens, GA!

Caterpillar plant will bring 4,200 jobs, $2.4 billion to region


Green Building - Did You Know?


Interesting article about "green building". Especially this quote: "But when a new house is not yet occupied, Pfeiffer says an interior VOC-emitting paint is the greener choice because it’s harder and more durable and owners can go for 15
years before having to repaint instead of five." I had no idea....

Why green-certified products may not always be the best choice



Athens-Clarke named top small county for economic growth

"Athens is the No. 1 small community in the nation for economic growth, according to a Pittsburgh consulting firm."

Is There Another Wave of Foreclosures Coming for Athens, GA?

Athens Georgia real estate answersUnfortunately, Georgia is still on the top 10 list for states with the highest foreclosure rates during June 2010 according to Realty Trac  statistics. 

According to their statistics, 1 home per 334 homes in Georgia is in foreclosure.  In the first half of 2010 there were 71, 949 homes foreclosed upon in Georgia.  In June of 2010 Georgia ranked number 8 of the top 10 states with highest foreclosure rates.  For the first half of the year, Georgia is ranked #6.


What is worrisome is the percentage of homes in Georgia that are in deliquency and "non-current" status (usually defined as being over 30 days late on mortgage payments).  Lender Processing Services  shows 14.4% of Georgia homeowners are "non-current" and 11% as deliquent.  Real estate industry gurus warn that signs of stabilizing markets in some areas could be "derailed" by "shadow inventory".  Some analyst report that 6 million more people are expected to lose their homes over the next 2 years due to foreclosures & strategic defaults (know as "walking away" when a home is in a reverse/no equity postion).


However, there is some good news...nationally, foreclosure filings are down 7% from a year ago and Georgia is ranked # 6 in the Best State to do Business In!

Moody'sEconomy.com Best States for Business

As for Athens, GA (Clarke County only) currently there are 66 active listings in Athens MLS identified as REO or post foreclosure listings (please note that actual numbers could be higher - it is not required that listings owners be identified).  In June 2010, there were 18 identified sales of REO or post foreclosure properties in Athens MLS for Athens, Clarke County, Georgia.

Michelle DeRepentingy, Broker


Related Articles:

Athens, GA Fireworks & Festivities for July 4th, 2010

 Happy 4th of July 2010 Athens, GA from Success Realty!                              Happy 4th of July 2010 Athens, GA folks!



Start your celebration in Colbert, GA (just northeast of Athens, GA on Highway 72, E in Madison County).  The 2010 Colbert 4th of July parade will actually take place a day early (as the 4th falls on Sunday).  So plan to be in Colbert early for a parade start at 9am on Saturday July 3, 2010.  Festival with crafts, food, music & more follows!  Click here to  Colbert 4th of July parade photos from earlier years.

FIREWORKS!  Sunday, July 4th, 2010  the annual Star Spangled Classic at Bishop Park is the largest fireworks display around Athens, GA.  The event begins at 6pm, with fireworks scheduled for 9:30 (depending on darkness & weather, of course).

Be safe & have a HAPPY 4th of July!
Michelle DeRepentigny, your Athens GA real estate expert

Home Buying Tax Credit Extension Available for GA Military

 Home Buying Tax Credit for service men & women


This week's guest post is brought to us by James Kelley.
 James blogs
on veteran's issues and 
real estate in the United States at VA Benefit Blog.  He also works for VA  Mortgage Center.com. proudly serving American military families as the nation's premier VA  lender.


For service men and women returning back home to Georgia from abroad, a great opportunity is awaiting. Until next spring, buying a home can also mean receiving an $8000 tax credit.

 Military service members, intelligence community personnel, and foreign service employees who have spent 90 days outside of the U.S. between January 1, 2009 and April 30, 2010 – with exceptions for those who returned early due to medical issues – can qualify for the tax credit and save money when buying their home.

 First and foremost, you have until April 30, 2011 to buy or enter into a binding contract and until June 30, 2011 to close your sale. This deadline gives military buyers an entire year longer than the regular citizenry (whose deadline has already passed) to qualify for the credit, accounting for military buyers’ service and special circumstances.

To qualify, there are some restrictions.

  • Buyers must either be a first-time buyer or a long-time resident. First time buyers are those buying their first primary residence of the last three years, and long-time buyers must have lived in and owned the same residence for five consecutive years. Long-time residents can only qualify for up to $6,500.
  • Buyers cannot spend more than $800,000 on their home purchase.
  • Buyers yearly income must be less than $145,000 to qualify and less than $125,000 to qualify for the full $8,000 credit. Joint-filers’ yearly income must be less than $225,000 to qualify for the full credit.

 
So if you’re a current or former member of the U.S. Armed Forces who is looking to truly call the South your home, don’t let this opportunity to save pass you by.