Atlanta Real Estate Video Blog with Melida Potts of Potts Realty

What Wll the Market Look Like in 2015?

There are many great Atlanta area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (678) 488-8927 for a FREE home buying or selling consultation to answer any of your real estate questions.

Hello again, and thanks for joining me. Now that 2014 is over with, what do we expect for real estate in 2015? Here are four predictions I have about what we will be seeing in the real estate market over the year:

1. Interest rates will remain low
I don't think the feds can, or will, increase interest rates by much this year, if at all.

2. Inventory levels will stay the same
Builders are reluctant to build too much right now, and people who don't need to sell, won't. Levels may rise a tad, but only until the market is stabilized.

3. Sales will vary by neighborhood
This one is a given, as homes in good school districts are going to have higher prices on them.

4. Prices flatlining
Because we are seeing an increase in inventory, prices will likely be flatter than they were in 2014.

Thanks for checking our blog today. If you'd like a report on what the market looks like in your specific neighborhood, make sure to give me a call, or send me an email. Thank you again, and happy 2015 to you!

Why Should you Consider Selling this Winter?

This week's topic is all about selling homes in the winter months. The winter usually gets a bad reputation for the market being less "active," but as you will see, that's not the case. Today we are going to give you 3 real reasons why selling in the winter may be something you want to consider:

1. Fewer homes. In some markets, we have as much as 50% fewer homes. We have fewer buyers as well, but not nearly 50% less. When buyers have fewer homes on the market to choose from, it's a great time to sell.

2. Serious buyers. If the buyers out there in the winter market weren't serious, they simply wouldn't be out there looking for homes at this time of year.

3. Employee transfers. Most large corporations like to do their employee transfers at the end of the fiscal year. The end of the year is a great time to have your home on the market to appeal to these buyers, who need to buy before the end of the year.

So, if you are thinking of selling and wondering if this is a good time, maybe we have answered some of your questions. If we haven't, feel free to give us a call or send us an email. We'd love to hear from you.

What NOT To Do Once Your Loan Is Approved!

When you get a mortgage to buy a home, there are a few things you need to know. We've put together a list to help you make sure you're able to obtain a loan. If your loan has been approved:

DON'T make any major purchases or apply for any new loans. That new car or investment property can wait until after you have the keys to your new home.
DON'T pay off any charges unless your loan officer says to.
DON'T change accounts. If you are switching banks, or opening a new account at your current bank, wait until after the loan has gone through to make those changes.
DON'T make any unusual deposits. If you just received a huge inheritance check, wait to deposit it until after your loan has been approved.

You can do all these things when applying for a loan and still get a mortgage. However, the loan will have to be underwritten all over again, which can take anywhere from two to four weeks. Bottom line: if you want to close on time, you need to follow those four points.

As always, if you have any questions about this or any other topic, don't hesitate to give us a call. We would love to hear from you!

About Melida

Melida Has 24 Years in Atlanta real estate. Selling over 1,000 Homes, with more than $100 million in sales. That is more than 14 times that of the average agent in Atlanta. Melida has sold in all types of markets – up market, down market, flat market. You get more product & market knowledge, more accurate pricing, proven market strategies, and stronger negotiating power.

Melida’s average market time has been 25 days compared to the Atlanta agents average of 149 days on the market. When you’re serious about selling fast nobody sells homes faster than Melida. Melida sells 3 homes in the same amount of time it takes the typical agent to sell one. List to sales price ratio is 94.4%. For example, for every $100,000, Melida will get $94,400 for you.

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Melida Potts
Your Professional Atlanta Realtor
The Potts Realty Team

1733 Mount Vernon Road
Dunwoody, Georgia 30338

770-396-6100
mpotts@youneedresults.com
www.homes-4-atlanta.com

Potts Realty Testimonials

Click to hear recent
testimonials from happy clients

Greg - "We had good results when we worked with Potts Realty. I worked more with Cindy, but Melida actually found us the house. They were very responsive and whenever we needed anything or would call, they actually responded right away. "

Brita - "They were very efficient. I got my home sold fairly quickly and they kept on their promises. There was an instance where we got 2 offers on the same day and before I could even call them back Cindy, who works with Melida, called both parties and asked them for their highest and best offers so she was really on the ball for that."

Dianne - "I had excellent results with Potts Realty! They gave me good advice and was able to sell the home that had been on the market for 4 years within a month! She aggressively went out and sold it and was able to get the offer within $5,000 of our asking price. She always kept us updated and everything ran smoothly!"

Rick - "They got a fair number of people coming in to look at the house and they did everything it took to make it happen. They had signs, all the advertising, and I really didn’t have to be involved. In looking for a house, they were very good at finding places that met my criteria. They had everything done so quickly!"

Sandy - "I thought Potts Realty did a very good job and I was pleased with the whole process. I was completely happy with them."

Tony - "I was very happy with them. They were informative and I couldn’t have asked for anything else. They were just there when I needed them. Years ago, Melida came to my house and told me that I should tear up my carpet and finished the floor so I did and I think that’s what sold the house."

Mary - "We had a good listing experience and it only took about 9 days to sell it. The first people that looked at the house liked it but they had a hitch and changed their mind. They ended up coming back about 2 or 3 days later and bought it. I had used a different Realtor about a year and a half before, but I was very satisfied with Potts Realty."