Morningside Elementary is one of the best Elementary Schools in the State of Georgia (ranking 56th on the Georgia Public Policy Foundation website). It is absolutely one of the best schools in Atlanta – no doubt. Some classic, cool & very desireable neighborhoods feed into Morningside Elementary…like Virginia Highland, Morningside, Ansley Park, Sherwood Forest, Johnson Estates, some of “Midtown,” etc…

Currently there are just over 200 homes for sale in the Morningside District with an average list price of $703,889. There are 35 homes under contract (this is a HOT area) and in the last 3 months, 42 homes have sold for an average sales price of $581,184.

I’ve set up this hot sheet link for you (see below) to view all homes for sale in the Morningside Elementary School District. The list of homes is always up to date, so you can put it in your favorites & feel free to revisit anytime.

Once you’re ready, you can call or email us for a FREE home valuation on your home, to set up a listing appointment or to view some of these listed homes and we can tailor a search that fits your specific criteria.

Our Team would love to help…and until then, Happy Hunting!! Oh, and the tax credits expire in 3 weeks & mortgage rates have gone slightly this week…still really good rates, but seems like they may not stay in the 4’s too much longer.

Click here for a list of homes for sale in the Morningside Elementary School District!

Click here for the Morningside Elementary School Website…

HomeTeam@KellySellsAtlanta.com | www.KellySellsAtlanta.com | 404-863-8680 cell | 404-969-1600 office

See all of the homes for sale in this sought after Cobb County School District – Sope Creek Elementary, Dickerson Middle, Walton High: click here…

This is one of the most popular Elementary, Middle & High School combos in all of Metro Atlanta…and it’s so close to Sandy Springs & Buckhead, you’d never even feel like you’re waaaay out in Cobb County.  Get your kids into the best school district possible!

All the Active listings are right here & updated in Real Time! Enjoy & let us know once you’re ready to go see some homes and if you’d like a more tailored search (to your price range, minimum bed & bath combination, etc) just click here to shoot me an email & I’ll get it going…

Right now, the Median List Price in the area (for homes under $1mil & over $200k) is $$595,541.

The Median Sales price since 4/1/09 has been $473,217 and there are currently 18 under contract. 

There are 43 homes currently available but only 4 listed under the max FHA Loan Amount of $346,250 & only 7 that are listed under the $417,000 Jumbo Loan amount! (FHA requires only 3.5% down, Conventional Loans 5%, but Jumbo requires 20%)

Don’t hesitate much longer!  There are just over 80 days left to qualify for the $8000 Tax Credit for 1st Time Buyers.

www.KellySellsAtlanta.com for all your metro-Atlanta Real Estate needs.

The Kelly Sells Atlanta Team > your next move is our business…

1% off on your list price could be the difference between a quick sale (25 days on the market) and hybernating on the market for over 200 days!  1st quarter was 29 days on mkt for well the well priced homes – so the pace is picking up!

Statistics show that if you’re priced correctly the 1st time, you’ll sell in 25 days for 96.9% of list price – crazy, right?  I bet your neighbor didn’t tell you that the last time you talked Real Estate, and I know the news didn’t leak it…

However, if you miss on your pricing, even by a little, you could end up selling for 75% of original list price and torture yourself for months & months & months cleaning & praying, wondering what the problem is & why your home won’t sell. (more…)

The percentage of Sellers that needed to reduce their list price reached a new high at 53% of all transactions in 4th Qtr 2008, indicating a continuing high level of Buyer price resistance in the current market.  However, if a home is priced correctly when originally listed, 2008 statistics show that the home will sell in 31 days for 96.5% of the original list price. 

A good thing to know is that only 27 out of 100 homes will sell…period.  The other 83 just won’t sell…at least not anytime soon – this is the standing inventory you see day-in and day-out which is crowding the market.  Only 7 of those 100 homes will sell in less than 31 days and for 96% of the list price.  This shows that clearly it’s a tale of 2 markets:  It’s always a Seller’s Market when it’s a great home at a great price and the reality is that there’s a lot of junk on the market, which creates a slighly inflated perception that it’s a full-on Buyer’s Market out there.

This is great news for the Seller who’s willing and able to get aggressive with pricing and be “in” the market, not “on” the market.  If you can get that price right coming out of the gate, you should be under contract and finally having the opportunity to find a fantastic bargain on your next home.  Since the Sales Price to List Price ratio reduces as Price Points increase, the math will work in your favor to sell and “move-up” into your next home, basically getting more on the Buy than you’re giving on the Sell…

If there’s anything we can do to help you or someone you know navigate the turbulence, please feel free to call or email us anytime…and visit us at KellySellsAtlanta.com for ALL your Metro Atlanta Real Estate needs.

The rate of decline in # of homes sold had begun to slow during the 2nd and 3rd quarters of 2008 (vs. the same quarters of 2007), then sales slowed again in the 4th quarter of 2008…which is normal, but with the Real Estate market under a magnifying glass of late, don’t read too much into that particular stat because this happens every year. 

What you should come away knowing is that 2nd and 3rd quarters were showing an increase in sales #s and this is an indication that we’re bouncing around at the bottom of the market.  So if you’re looking to “time the bottom” be watching the clock closely.

 Basically…if you’re waiting for a deal…I think there’s one out there for you

Let us know how we can help - or visit us at KellySellsAtlanta.com…we’re ready when you are.

Take advantage of this market, folks!

And while you’re at it…get the most for your $$$!!!

Click this HOT SHEET for all metro Atlanta Foreclosures on Basements for your viewing pleasure.

Bookmark us and visit anytime – this page is UPDATED DAILY!! I can always narrow or broaden the search for you, so just let me know what you’re looking for.

Email Aaron, our Team’s Buyer’s Specialist, at Aaron@KellySellsAtlanta.com or call 404-863-8680 if we can help in any way.

Click HERE to subscribe to our monthly E-newsletter for up to date market information and useful info like you’ve found here.

Happy Hunting!

“You want to be greedy when others are fearful. You want to be fearful when others are greedy.” Warren Buffet
Aaron and Kelly Allen
Real Estate Consultants
Keller Williams Realty Premier Atlanta
3365 Piedmont Rd, Suite 1050
Atlanta, GA 30305
Aaron 404-863-8680 | Kelly 404-606-2219 | eFax 866-298-8584
Aaron@KellySellsAtlanta.com | Kelly@KellySellsAtlanta.com
www.KellySellsAtlanta.com
www.KellySellsAtlanta.com/blog
www.KellySellsAtlanta.com/blog/email-newsletter-subscribe/

If you happen to know of someone that’s thinking of Buying or Selling, we’re here to help. Just email or call us w/ their contact info and we’d be honored to take absolute care of them.

Investors & Savvy Shoppers:

Welcome to our Homes Under $100k HOT SHEET!!

http://kellysellsatlanta.idxre.com/idx/hotsheets.cfm?cid=7279&hid=14749

Come back daily for new & reduced listings under $100k in Atlanta, Sandy Springs, Dunwoody Vinings & Decatur. This list includes single-family detached homes as well as condos/townhomes with at least 2 bedrooms and 1 bath.

Please feel free to contact our Buyers Specialist, Aaron, for more information or to set up an appointment to view a property.

More specific searches can be set up for you upon request.

Aaron | 404.863.8680 | aaron@kellysellsatlanta.com

>> The Kelly Sells Atlanta Team of Keller Williams Realty
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