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  NAR stats tell me that real estate blogs in general do not deliver the highest level of engagement nor the highest level of "impressiveness" in the minds of the consumer. Says so in their recent "Generational Trends" report. So, I stopped "blogging" months ago. Maybe years ago...with any vitality. Why? Because, I'm too busy to write great content to the worldwide web. If you need a Lee Taylor fix then link over to my Trulia Q&A - 1812 answers to real estate questions posted between December 2007 and earlier this year, or round about the time when Trulia became way less interesting to me...now, I still love Trulia - the best real estate 3rd party syndicator that there is. Best graphics. Best thinking. Beats Zillow's hype every time in my book. Still, less interesting to me as an "online savvy" Realtor, even when I know that over 52,000 Trulia profile views can't be wrong. June 23. Almost halfway through another year of sales and I must admit I do not miss … [Read more...]

FHA loan limits will rise in Georgia – expect a sales spike in 2015

Hot first time buyer zip codes will likely see a 15-20% increase in sales in 2015, when FHA loan limits increase. Currently in Metro Atlanta and the  surrounding counties the FHA loan limit is $320,850.00 this will increase to $342,700.00.  This will include the following counties: Fulton, Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, Dekalb, Douglas, Fayette, Forsyth, Gwinnett, Haralson, Heard, Henry, Jasper, Lamar, Meriwether, Morgan, Newton, Paulding, Pickens, Pike, Rockdale, Spalding and Walton. For other counties in GA it should remain at $271,050.   FHA ANNOUNCES NEW LOAN LIMITS TO TAKE EFFECT JANUARY 1ST  2015 Loan limits for highest and lowest cost areas to remain unchanged WASHINGTON - The Federal Housing Administration (FHA) today announced the agency's news schedule of loan limits for 2015. These loan limits are effective for case numbers assigned on or after January 1, 2015, and will remain in effect through the end of the … [Read more...]

Fanny versus Freddy

OK, I shall settle the argument right here and right now. I’m attracted to the legendary ladies of Fanny, but Freddy’s legacy is beyond compare. I’m not talkin’ mortgage stuff here, I’m talkin’ rock and roll. Fanny are the Godmothers of Chick Rock. That’s right – read about ‘em here… Here’s a really fun video performance of their 1971 hit “Charity Ball” – lip-synced on the Sonny and Cher Show!   OK – you know Freddy. Freddy Mercury. His band Queen were the top performing live act worldwide in the 1970?s. They kept it going in the ’80?s too, until that Flash Gordon soundtrack came along. Personally, that’s when I quit listening, then I returned to their classics…I still love this band – I saw the redux version with Paul Rodgers 8 years ago and they certainly rocked. In today's world, Fanny and Freddie are going away, but Fanny and Freddy will live forever on You Tube! … [Read more...]

A graphic look at 30 year fixed mortgage rates since 1971

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Freddie Mac publishes this on their website. Rate tables going back to 1971. Highest year and month – July 1981 16.83% Lowest year and month – November and December 2012 3.35% Average over the past decade – just 5.6%. That’s a photo of my kitchen, looking as it did circa 1972 with it’s cocoa two-tone Hotpoint appliances, goldenrod wallpaper and nasty green linoleum. Great era for style, huh? Rates were 7.4% in the month of July 1972. Anyone fretting over a rise in rates recently needs to study history and feel a whole lot better about this week’s 4.51%… … [Read more...]

South of Wright – Wall Street Journal house of the day!

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I promise – coming tomorrow, a look at the exterior of The Copeland House, in more detail. To start the week however, I want the Intown Insider to promote some recent media placements for the new listing. Atlanta Curbed featured it last week – love them! And yesterday, the Wall Street Journal featured the house as “house of the day!” Pretty cool – that’s a first for me and a first for my local brokerage. Thanks to Jason Wieloch for making that connection through KW Luxury. Onward and upward – three showings in 8 days on market. … [Read more...]

The hidden value in a remarkable house

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Jason Wieloch and I just co-listed a remarkable house built by this modern design legend named Robert Green. Read more about it here and look for more detailed articles this week about the interior and exterior right here at The Intown Insider. This Wall Street Journal article from 2008 says it best: “Could it be McMansion backlash? Trophy homes are increasingly being scaled down and aesthetically integrated into the surrounding landscapes.” Frank Lloyd Wright taught Robert Green how to aesthetically integrate. If you don’t want to build a modern home for $1 Million dollars or more and compromise in some major way on something … And, if you are instead looking for a mid-century modern trophy home in Atlanta, that was expertly scaled and sited in 1959, renovated again for growth in 1987 by Robert Green, then updated and renovated in 1998 by Herbert Brito with superior modern finishes, then look no further than 1885 Walthall Drive in Buckhead. … [Read more...]