Monday, January 31, 2011

7 Reasons Why Now is the Best Time EVER to Buy a Home!

Well... spring is just around the corner -- and Mother Nature certainly tempted us this weekend with temps soaring to 70!  Not only is spring a glorious botanical event in Atlanta, I believe that this spring will be a glorious time for the Atlanta real estate market.  Why?  So glad you asked!  Over the next 7 weeks, I will provide you with one good reason to run (not walk) toward home ownership during this period of unbridled opportunity that lies ahead.

REASON #1 - Homes have never been more affordable.

John Paulson is a multibillionaire hedge fund operator with  This guy made a fortune (or $2 billion) by betting against the housing market prior to and during the meltdown.  He has changed his tune to proclaim the following:

"If you don't own a home buy one; if you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.  Your debt and interest payments will get locked in at record lows, while the price of your home will rise."

For individual home buyers, there are only a few facts that really matter:  Can I afford this home?  Is it a good deal?  Does it meet my needs?  So, it's a bit surprising that the most important housing statistic has gone largely unreported.  According to the 2010 stats from National Association of Realtors (NAR), affordability is measured by the median mortgage payment on the current median-priced home as a percentage of the median household income. it is..... it's lower than it's been in a whole generation.  That's right. For most of us, it's lower now than it was for our parents.

More next week!  If you want a copy of the eBook, contact me and I will send it your way!

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Sunday, January 30, 2011

OPEN HOUSE TODAY!!! 209 Peachtree Way NE - Atlanta GA/Garden Hills - Real Estate

Offered exclusively by J.D. Kellum & Associates, this home will be held open from 2:00pm - 4:00pm this Sunday, January 30th. Address is 209 Peachtree Way NE, Atlanta, GA 30305. 5 bedrooms, 4.5 bath home in Garden Hills with full finished basement, wet bar and wine room, media center, great room with fireplace.  Mud room entrance from two car garage.




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Thursday, January 27, 2011

Just listed! Mid-century modern home in Ormewood Park for sale

FINANCING INCENTIVE AVAILABLE!  Completely renovated, clean and contemporary all brick in Ormewood Park w/ a huge backyard. True representation of mid-century style w/ a modern twist.   New double paned windows flood the home with light.  Sleek kitchen w/ concrete counters and stainless appliances.  Rich ebony hardwoods, recessed lighting, new bathrooms w/ stylish fixtures. Oversized master w/ enormous walk-in closet. Full basement w/ separate entrance for workshop or storage. Just 2 miles from East Atlanta Village/Shops, 10 min to Downtown/CNN/Midtown.  Call me for complete list of upgrades in detail at (404) 307-7334.

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Friday, January 21, 2011

Free eBook

Check out KW's new eBook: "7 Reasons Why NOW Is a Great Time to Buy a Home." How many reasons can YOU name? Let me know if you want a free copy!
Sent from my Verizon Wireless BlackBerry

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Thursday, January 20, 2011

Bank of America streamlines short sales

Have you heard horror stories about “short sales” and how painful the process can be?  It’s often true based on my first hand experience with clients over the past couple of years.  However, I am just completing a conference call to better understand Bank of America's new expedited short sale approval process – we start the process before the home is listed!  This is a major shift and can be a huge factor in moving housing inventory this spring!  And they are shooting for approval in just TWO WEEKS!!!


Since Bank of America holds about 25% of mortgages in the U.S., chances are you know someone who might benefit from this powerful change.  If you know anyone facing hardship caused by decrease in their home’s value or have been unsuccessful in selling their home last year, I may be able to help.  Please feel free to pass my cell (404) 307-7334.

Posted via email from CondoMidtown -- Live...Own...Dream!