• Aug. 8, 2008 - Glynn County, GA Real Estate Statistics
I want to provide some information to show in the residential real estate category (that includes single family homes, duplexes and condos) the amount of inventory and the sales for year 2008. This information was obtained from our local Multiple Listing Service, so of course doesn’t include properties which are not in our MLS system.
In Mainland Brunswick and Jekyll Island, we currently have 1028 listings on the market as of 8/6/08. On St. Simons Island, we have 834 listings on the market for sale. Since the beginning of the year, 294 listings were reported sold in Mainland Brunswick and Jekyll and 177 on St. Simons Island.
Then there is the lot and land category . . .
To date, in the Brunswick/Jekyll Island areas, we have 508 properties for sale. On St. Simons, there are currently 308 properties being marketed on our MLS. The sold figures for lots since the 1st of the year in our MLS system are for the Mainland only 42 and on St. Simons Island only 11. These figures hurt a little to commit to paper and ink; however, they are what they are. Wow! With numbers like this, seller’s need for a good real estate agent is more apparent than ever!
With that said this is a great time for buyers to take advantage of generous inventory to choose from and decreased pricing from a year ago for some very desirable properties. If you’d like to discuss real estate in our Glynn County area, I’d welcome the chance to do so. Give me a call or email me and let’s look into finding you a Golden Isles destination. |
Comments (0) :: Post A Comment! :: Permanent Link
View more entries tagged with: Statistics, Glynn County, Sales, St Simons, Jekyll, Brunswick |
• Jul. 3, 2008 - Fear can Truly Paralyze Agents and their Clients
I attended a Local Brokers Council Meeting several days ago and came away from that gathering in a sober mindset. In our State of Georgia which has 159 counties, only ONE county is not considered a declining market by the Georgia Association of Appraisers! A local broker of one of the largest real estate companies in our area shared that they had four transactions fall through just recently by the appraisals coming in too low to make the contract work. We also have other challenges to address such as:
- Higher credit scores needed to obtain a loan
- Anxiety of Sellers facing stiff competition with the plethora of inventory and not enough equity to sell at a profit
- Cautious Buyers who are hoping that prices will continue to be reduced and inundated with the number of homes on the market that meet their search criteria
- The frequent media coverage painting a picture of recession, gloom and doom
All that said, my personal preference has always been working with buyers and now is such a fantastic time for individuals or investors to benefit from today’s prices. We as REALTORS® must break out of our own paralysis and keep advertising, promoting and selling OURSELVES and our SERVICE. We cannot allow anxiety to get in the way of staying in the game and always striving for new and creative ways to be successful.
If there ever was a time in the last couple of decades to separate the “MEN from the BOYS” so to speak, I would say this may very well be it! The old saying “When times are tough, the tough get going” may be trite but definitely appropriate. |
Comments (1) :: Post A Comment! :: Permanent Link
View more entries tagged with: Georgia Real Estate, Appraisals, Marketing |
• Mar. 11, 2008 - Industry Still Prospering in Golden Isles
Nationwide we often hear of companies falling on hard times and initiating cutbacks to stay solvent. Our Glynn County area has for the most part has dodged the bullet. In fact the manufacturing sector of the area is experiencing steady growth according to the Brunswick and Glynn County Development Authority. A new manufacturer, Innovative Foam Products, is preparing to open a new facility later this year and several established manufacturers are putting new upgrades into their businesses which certainly indicates their commitment to our area for the long haul. Manufacturing businesses and their employees purchase a tremendous amount of goods and services locally which recycles throughout the community. According to a recent survey, 22% of the manufacturer’s in the community participated in the survey and reported a total payroll in excess of $125 million. This area has a diverse economic structure with tourism, manufacturing and government providing job stability even in this uncertain time with the dreaded “R” word (recession) in the news. Just another reason that Glynn County is a great place to call home!  |
Comments (0) :: Post A Comment! :: Permanent Link
View more entries tagged with: Manufacturing, Growth, Business, Golden Isles, Southeast Ga |
• Dec. 28, 2007 - We're preparing our business plans for 2008
I am anticipating an increase in business for 2008 and want to be ready for what the market holds. We recently purchased an updated map from Glynn County which delineates the new developments that have been submitted to the county for their approval. Interstate 95 exits #29 and #38 show the greatest number of submissions for growth with numerous locales noted for expansion. Glynn County continues to attract developers and businesses with more reasonable taxes, the tremendous traffic through the Port of Brunswick and many retirees who have discovered our wonderful area.
Please contact me for real estate news and updates on Glynn County and the Golden Isles of Georgia. |
Comments (0) :: Post A Comment! :: Permanent Link
View more entries tagged with: Southeast Ga, Glynn County, New Development |
• Dec. 18, 2007 - Here's to You!
This year 2007 has been a busy one for us with the opening of our expanded space for the Beachcomber Properties real estate office and the addition of Beachcomber Snow next door where my husband, James, is planning to kick off his beverage business in the New Year.
I won’t deny the real estate market in Glynn County and the Golden Isles for 2007 was down some from the previous 3 years, but we are still seeing growth and I firmly believe that our area is a good investment for the future. I have put “my money where my mouth is” with the office expansion and the addition of an office manager to assist the agents and provide contact support to you as my clients. We want to provide first-rate service to our customers and strive to be on the cutting edge of today’s market.
With only a few days left before we all are snowed under with our Christmas celebrations, allow me to use this medium to express my sincere wishes for a blessed, safe holiday season to you and yours. I appreciate you all so very much and hope to hear from you soon. |
Comments (0) :: Post A Comment! :: Permanent Link
View more entries tagged with: Thank You, Service |
|
|
|
Read our thoughts on real estate. As local REALTORS® and real estate investors, we believe there are many reasons to invest in real estate and in your lifestyle! Buyers and Sellers are encouraged to post any questions they may have on CMA's, home inspections, contracts, etc. We're here to help!
Links
• Home
• View my profile
• Archives
• Email Me
• Blog Manager
|
|
RSS Blog Feed