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Market Conditions in Gainesville : Real Estate Advice

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  • Local Info14
  • Home Buying25
  • Home Selling2
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Activity 7
Mon May 19, 2014
350961653 asked:
This question was asked from http://www.trulia.com/rental-community/9000024384/McEver-Vineyards-1240-Vineyard-Way-Gainesville-GA-30504/
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Fri Apr 4, 2014
Sally Grenier answered:
What is your question specifically? If you're having a hard time finding the right home, have you tried working with a Realtor??
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Wed Jun 19, 2013
Kim Schmitt answered:
Crazy! If we had said a year ago that the market would be where it is today, people would have said we were certifiable. But the extreme shortage of Listing Inventory, engineered in part by the banks holding foreclosed homes off the market, slowing down on foreclosures, and bulk selling many of those homes they have foreclosed, and a surfeit of buyers, particularly in the first time buyer price ranges, has created a feeding frenzy on and listing which is well priced and in reasonable condition. Prices are way up on a year ago and still rising. Right now, if priced right and in decent shape a house will sell and often with multiple offers. Boom then Bust then Boom again is a hell of a way to run a real estate market, but that is the reality. Right now we are BOOMING, but my belief is that this could well be a "false" market and VERY susceptible to any future hiccup in the economy. Markets go down as well as up! ... more
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Wed Apr 10, 2013
Curly Sue answered:
This isn't a listing - it's a public record
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Fri Mar 29, 2013
Michael Hammond answered:
According to the tax records, cwikla3044, the last sale for 4411 Flat Creek Drive in Gainesville was on 10/22/1999. There is no mortgage history listed there either. Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/

http://www.greatschools.org/
... more
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Wed May 25, 2011
Lee Taylor answered:
If you sell luxury townhomes in Gainesville, then you are quite like the folks in Atlanta who are trying to sell out Starwood's W Residences downtown...I saw your question and that is what popped in to my head.

It's a holding pattern in some folks terms, it's a business plan in the hand of Starwood's CEO:

"W Atlanta Residences, Atlanta’s only W-branded condos, has reduced prices up to 30 percent on many of its 65 remaining units. Luxury homes now range from the mid $200s, to more than $3 million.

W Atlanta Residences features just 74 units total, making W Atlanta Residences the best resale value in the Atlanta luxury condominium market. Check out life on the A-list at: www.wresidencesatlanta.com"

I read a quote from the Starwood CEO in the Business Chronicle back 2009 - I just researched it and found it again:

"...But not Frits van Paasschen, CEO of Starwood Hotels & Resorts Worldwide Inc. The top dog at White Plains, N.Y.-based Starwood (NYSE: HOT) wants his hotel company to “own the upswing” when better times return..."

You either own it or you fret...read the New York Times article from yesterday in the web reference - how about a 5-9 year holding pattern, Debbie?
... more
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Wed May 25, 2011
Lee Taylor answered:
Roughly 40% - just like the rest of metro Atlanta...

If you want to review some pretty detailed studies, then click on the link in the web reference. Housingpredictor.com has hit their numbers in Georgia for 3 years in a row, and I believe that their prediction of an 8.2% price deflation is palpable here at the end of May, and on point...

I am an Intown Atlanta expert - if you want a deeper analysis of anything in Hall County, then seek the help of a competent Trulia Voice whgo knows your Hall submarket, and remember that there are drastic, hyper-local differences between Hog Mountain residences, Lake Lanier custom houses on acre lots at the lakefront and historic houses near Brenau and NEGMC....
... more
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