Real Estate Blog

Contractors in Alpharetta Georgia and Johns CreekI'm often asked if I know a particularly good contractor for a specific job. I've decided to make that a part of my website to make it easier for my readers to find the best contractors serving North Fulton County. I'll not include just any company or individual -- I'll only include those I know, from experience, provide excellent service. I'll specify why the contractor was good, why I recommend them and what my personal experience with them has been. If you would like to see a list of all the contractors I'll be highlighting in months to come, simply select the "contractors" category. It will make selling your home easier, it will make maintaining your current home or revamping a new home less of a "hit and miss" proposition. I hope it helps.
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Download the March-April 2008 Newsletter (in PDF) Learn if it is better to be a buyer or a seller in today's housing market in Alpharetta and Johns Creek. Get pointers on how to evaluate a potential new home, find a great general contractor for renovations and learn about the summer camps available for the younger set in this bi-monthly issue.
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One of my pet peeves is the way the mass media throws out headlines without giving readers a way to evaluate the information. For instance... I read the headline in an Associated Press story released today, which stated "Home Sales Rise Unexpectedly in February, As Prices Keep Tumbling." This story was based on a National Association of Realtors' report on February home sales figures. The average reader will assume that February was exceptionally strong. But the thing that the casual reader may not realize is that it's a lagging indicator. This information is actually based on how many sales closed in February. These statistics relay information from 30-60 days prior (the average time it takes a house to move from contract to close in this area). If…
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More buyers are actively searching for homes lately. During the past four weeks, there has been an increase in home showings in and around Alpharetta and Johns Creek. It has become active enough to identify as an actual trend, locally, but it's impossible to know how long this will last. Although the activity has increased, it hasn't yet translated into sales. Interest rates dropped under 6% for 30-year fixed mortgage loans which will encourage renewed activity. Spring is in the air and those individuals searching for a home are becoming more interested in seeing properties. I would not be surprised to see sales pick up as we go into the strongest season for home sales.
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Download the Jan-Feb 2008 Newsletter (in PDF) Gather tips for preparing your home for sale, stage your home from the outside in and get resources for kitchen revamps in this bi-monthly issue.
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You may have heard that the FHA has recently increased loan limits. Want to know what that means for you? How about this: Sub-prime lending is (in most cases) no longer an option for homebuyers in today's market. Fortunately, the FHA has stepped in to fill some of the void for those who are good risks, buying reasonably priced homes. An approved FHA buyer can now borrow as much $346,250.00 to purchase a home. Down payment requirements are currently 3% and you can qualify for an FHA loan even if you have less than ideal credit. Scores down in the 580 range may still be approved for home ownership with FHA. In the larger picture, the old FHA loan limits reduced the options of the homes that could be purchased in the Alpharetta and Johns Creek areas. This…
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I have just finished compiling the sales data for October and the picture is not any prettier than it has been. A quick look reveals that the lower the sales price the faster the market is moving. The market is substantially slow when the sales price goes above $450,000. There is a 5 month supply of homes priced under $200,000 while the supply balloons to over three years for homes priced over $800,000. I will be digging deeper into the numbers in the month ahead. Check back here soon to get a more complete picture of what the market is telling us. All the best, Jeff
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AppraisalIn the current market, appraisers are catching quite a bit of heat from lenders. As the foreclosure rate is escalating, appraisers are being forced to take a more conservative stance in valuations. What does this mean to you as a homeowner? If you have a home in "average" condition and your home's value is near the average price for a home of its size in the neighborhood, you should be fine when selling. The problems often come when you have a home that does not have recent comparable sales in the neighborhood to support your price. Homes that are trying to set the highest sales price for a neighborhood are facing tough times getting supporting valuations from appraisers. In the "good old days" of earlier this year, an appraiser would generally give…
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Jeff Aughey 100 Parkerwood Way Alpharetta, GA, 30022 Phone: 770.329.4495 Fax: 678.301.3422 Email: Jeff Aughey, Alpharetta Realtor Jeff Aughey and familyRealtor® Jeff Aughey has been a full-time real estate agent since 1988 and has been with RE/MAX since 1989. Jeff moved to Alpharetta in 1994, when his oldest daughter was three.He made the move specifically to secure a family-oriented environment for his children. He is now the father of two beautiful girls attending local Alpharetta and Johns Creek area public schools. Jeff’s youngest daughter attends Taylor Road Middle School and the eldest is a student at Chattahoochee High School. If you are seeking a nurturing environment to raise your children, with the excellence of North Fulton County Schools and the…
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Read the July 2007 Newsletter Get the low-down on the Alpharetta and Johns Creek real estate market now. Find out where to get in shape... no matter what your age. Learn how to determine the Radon risk in your home and view a couple great shots from a local swim meet.
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