Mike Stott

Now In Real Estate

Rental Trends; October 2016

DO we advertise on Zillow Rentals? Skylar Olsen Rents are appreciating but more slowly Up 7% Nationally since 2015 Atlanta about 3.9% Full Webinar here http://www.zillow.com/rental-manager/resources/webinar/rental-trends-q3-2016/ More supply is coming online as building being done Homeownership rate historic lows and expected to stay low –…

Mike StottNovember 17, 2016

Now In Real Estate Property Management Blog

Fixer Upper or Money Pit?

How to Choose the Right Fixer Upper And Still Profit If you’re looking to buy a fixer upper for your next home or as an investment it pays to take a few moments and really look at it with a critical eye. What may look…

Mike StottOctober 31, 2016

Now In Real Estate Property Management Blog

Buying a Home Can Be SCARY…

Until you know the Facts! Check out just a few misconceptions below.... No, you don't always need 20% down! 44% put down LESS than 10! Your credit score does NOT need to be 780. AVERAGE Score was 731 (which means half is less than that!)…

Mike StottOctober 28, 2016

Now In Real Estate Property Management Blog

Strong Buyer Traffic!

Buyer Traffic Graph in the last quarter (to mid year 2016). Yes... Existing home sales shot up in 2003-2005. But, if we look at where they were from 1990 to 2001 and where they are now, we’re in a natural course based on population increases and people…

Mike StottSeptember 12, 2016

Now In Real Estate Property Management Blog

Housing Affordability

Housing affordability index published by the National Association of Realtors. Yeah. It’s not as good as it had been when we had all those foreclosures and short sales out there and prices were driven down. But, today’s affordability index is still higher, and, again, the higher the better,…

Mike StottSeptember 12, 2016

Now In Real Estate Property Management Blog

Home Median Sales Price Data

The Black graph lines is what actually happened in the years noted at the bottom of the graph. The White graph lines is what would have happened if we had normal appreciation from the year 2000 through this year (2016). Although we are growing toward the graph…

Mike StottSeptember 12, 2016

Now In Real Estate Property Management Blog

Look at Buyer Traffic!

Another recent study put out by the MacArthur Foundation showed that people’s belief and the fact that buying a home is an excellent long-term investment, because it’s likely to increase in value over time and is one of the best ways for people to build wealth…

Mike StottAugust 31, 2016

Property Management Blog

Developing Housing Shortage – Look at DOM!!

GA homes are in demand. We are seeing low housing inventory and higher prices for homes NOW! Homes selling for 5.9% higher than last year. Also homes are selling fast - average days on market 30-45 DOM.

Mike StottAugust 31, 2016

Property Management Blog

Mortgage Rates & Aver days to close a Loan – Graphs

Mike StottAugust 31, 2016

Property Management Blog Uncategorized

Five Reasons to Buy

Mike StottAugust 25, 2016

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