Low Inventory in Gwinnett County......Scary Low Actually!

If you're looking to purchase a home in Gwinnett County, your search is taking a lot longer than it used to!

Why? Because inventory is at the lowest level we've seen in the last 10 years in the Atlanta Metro area. Foreclosures are down significantly and more people are getting loan modifications and staying in their homes. Investors are also taking a huge bite and buying up lower price point homes for rentals. Take a look at the difference in active listings from January 2012 and the same month in 2013.

Yes, you read it right....a 44% drop in one year. Now combine that with interest rates still at all time lows and you've got a HIGH NEED FOR MORE INVENTORY!

So if you've been thinking about selling your home, now is the time! 

Most properly priced homes today are getting multiple offers. Some are selling for more than list price....as long as it will appraise. I need some homes to sell! Call me today if you'd like to find out where you stand in this market. No pressure, no gimmicks and no money up front to sell your home. I get paid when i've done my job!

www.SteveSellsGwinnett.com Steve Rider, CDPE Realtor with Keller Williams Lanier Partners in Braselton
Georgia. Covering Barrow, Jackson, Gwinnett and Hall Counties in Northeast Georgia. If you're looking for real estate in Gwinnett County please contact me at 404 663 7063 or steverider1@gmail.com.

Congress Extends the Mortgage Debt Relief Act, Gwinnett Short Sales will Benefit

If you're pursuing a short sale in Dacula or Gwinnett County, you should know Congress just extended the Mortgage Debt Relief Act.

This means the deficiency on your short sale could be safe from tax implications. If you've been worried about being on the hook for this after the deadline expired, worry no more! Congress extended the deadline through January 2014. So if you meet the criteria, your deficiency could be clear from federal taxes. 

Everything you want to know about this bill can be found on the link below. 

http://www.stevesellsgwinnett.com/atj/user/AdditionalGetAction.do?pageId=402835 

Don't sit on the fence until the sheriff comes knockin! 

There is time to save your from foreclosure even if you've received a demand notice from your lender. CALL ME NOW 404 663 7063 to talk confidentially about this process and how I can help. There is no fee up front for this service and anyone that offers to help with up front fees could potentially keep you from getting your short sale approved. 

www.SteveSellsGwinnett.com Steve Rider, CDPE Realtor with Keller Williams Lanier Partners in Braselton Georgia. Covering Barrow, Jackson, Gwinnett and Hall Counties in Northeast Georgia. If you're looking for real estate in Gwinnett County please contact me at 404 663 7063 or steverider1@gmail.com.