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January 2009

I'm so excited! Athens, Georiga ranks 24 in top places to visit!

Date: Jan. 21, 2009
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The LA Times published an article on "29 places to visit in 2009"  this week and guess what?  Athens Georgia was number 24!  Check out the article below:

 

Each new year brings more opportunity for travel. Destinations that were once too expensive become within reach; others revitalize and reopen their doors. Your choices span the world, but how do you choose?
 
Here are 29 spots for you to consider in 2009, selected by our Travel editors. We picked places near and far because they won't be crowded, they've become more accessible or there's a a compelling reason to go. So take a look--and happy travels
 
Here is the link to the article
 
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Real Estate in Athens, Georgia

Date: Jan. 1, 2009
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It seems lately, no matter where I am the discussion of "hows the market?"  "Are you hanging in there?"  "What do you see the market doing" comes up. 

To put it in a nutshell, I am thankful that I live in Athens, Georgia.  With UGA  we seem somewhat insulated as to what is happening in other parts of the country.  Yes, the market is off, yes agents are dropping out of the business.  But I've been helping you folks for 20 years and I'm not going any where!  It is times like this that buyers and sellers need an experienced agent. 

For instance, last month our office was involved in 25% of all real estate transactions in our Athens MLS.  That is pretty strong, considering that we have 23 agents, and there are 750 agents in our Board of Realtors.  So I guess the bottom line is, things are selling.  Don't listen to the media and use an agent with experience!

 

Jim

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Interest Rates

Date: Jan. 1, 2009
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In Freddie Mac's results of its Primary Mortgage Market Survey the 30-year fixed-rate mortgage (FRM) averaged 5.14 percent with an average 0.8 point for the week ending December 24, 2008, down from the previous week when it averaged 5.19 percent. Last year at this time, the 30-year FRM averaged 6.17 percent. The 30-year FRM has not been lower since Freddie Mac started the Primary Mortgage Market Survey in 1971.

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