Crawford Group Atlanta, Keller Williams Realty Peachtree Battle

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Take advantage of our Agent Interview Service. We all know that moving IS STRESSFUL !!! and one of the most Stressful of moves is to a new city or state. The right Realtor can make all the difference. Most of you may not be aware, that Keller Williams Realty is the 4th largest real estate company in North America. Every year we go to Austin (numerous times), Las Vegas and Atlanta for world class training in real estate and how to be better business people. We are trained by the best of the best from inside Keller Williams and experts outside our company. I just celebrated my third year with Keller Williams and even though I have been in this industry a good while, I am always in awe of the new things I keep learning. One of my most favorite KW´isms is "YOU DON´T KNOW WHAT YOU DON´T KNOW.

Today, we learned a new way to help our clients, their friends, family neighbors etc. We are now able with new tech tools from KW, and our resources of getting to know so many top agents around the country to provide a new service, that is at no cost to you or anyone that uses it. We will be providing "Agent Interview Service"

Here is how it works; anyone you know moving out of town; have them call me and tell me where they are going, and what they are looking for; we will use our resources and new methodology to find them the right agent.

Anyone that has lived through a bad real estate transaction will know the value, but please don´t wait for that; just give us a call and we will help find the right agent regardless of location. We receive a small referral fee from the agent we refer them to (when they close) and your friend, relative etc. gets taken care of;

We were not proactively providing this service because no one had provided a systematized approach to enable us to work efficiently. Kudos to KW training and we are happy to be able to provide yet another valuable service. So when you hear people talking about Real Estate anywhere think about us.

This will not be an encouraging year-end report. October & November produced signs of market stabilization, but December returned to a lot of downward trends.

Single family detached had 3,178 closings for December or a decline of 37% from December 2006. This result is also lower than December’s 1998-2005 results. After lags are reported, Single family detached may exceed 12/2001, three months after 9/11.

Single family detached has declined year-to-year for 16 out of the past 17 months.

Condos and townhomes closed 579 units in December or a decline of 38.9% over the same year ago period. This is the 10th consecutive monthly year-to-year decline and the 13th decline out of the past 16 periods.

For the year, condos and townhomes were down 12.2% from 2006. Single family detached was down 16.9% 2007 versus 2006. The only other year-to-year decline for single family detached was 2000/1999. That was the year of the NASDAQ collapse and the percentage decline was only 2 tenths of 1 percent. On the other hand, the only year-to-year decline since 1996 for condos and townhomes was 1999/1998 and that was only 8 tenths of 1 percent.

Total single family was down 16.2% for the entire year, 2007 versus 2006. Since 1996 there has never been a reported year-year decline for all single family housing, until 2007.

The very weak demand for housing during 2007 really showed up in the pricing trends for December. The average sale price in December for single family detached was $250,910 or a decline of 3.5% from December 2006. Since 1994, this is the greatest year-to-year monthly negative change in average price. There have been only 5 negative changes in year-to-year monthly average price declines in the past 13 years and two of them have been in the past three months.

The average price for condos and townhomes was $186,034 in December. This was a 7.8% decline from December 2006 and the lowest reported average price since July 2006.

Single family detached had 8,128 expired listings in December, easily a new monthly record, surpassing September 2007’s 6,561.

There were 1,656 expired listings for condos & townhomes in December and a new monthly record, easily surpassing December 2006’s 1,311 expired listings. For all single family there were 76,140 expired listings in 2007 or almost 20,000 more than 2006.

Days-on-market for all single family was 88.1 for 2007. This is the highest recorded yearly DOM since 1994.

Well, we are through with December and 2007! Now we are in 2008 and we need more interest rate cuts and to stay out of recession. However, it may be too late. Hopefully recent and future actions by the government can stave off any economic downturn.

However, what a GREAT time to buy a home in 2008, as lower interest rates are coming, prices are coming down, and it is an entertaining election year! What a FANTASTIC time to buy a home!

Courtesy FMLS &Steve Palm, Smart Numbers