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Real Estate & the Economy

08/28/2019
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Is Real Estate Recession Proof?

Some analysts are predicting a recession (at some ambiguous point). According to Metrostudy Chief Economist, Mark Boud, the future for housing looks good. Especially in the South & Atlanta! We still have issues with low supply meeting high demand, particularly in the <$500,000 price ranges. Further, people keep moving here (which is one of the reasons Real Estate became my 2nd career).

Additionally, Federal regulations have imposed safeguards on lending requirements to prevent Banks from returning to exceptionally loose loan qualification parameters. Not to mention those ridiculous loans that set people up for failure; like interest only loans & 103% financing.

BTW, Metrostudy is highly regarded in the real estate & building industries; they track sales of new construction & existing homes as well as tracking homes under construction, to be built, etc. Truly gives us the “whole picture”. Click Here to see the rest of the story.

In summary; whatever happens with the economy, real estate will remain resilient and me too! Therefore, I’m ready to help you with ALL your real estate needs! Whether it’s buying &/or selling a personal home, investment property or selling mom’s house. Call, text or email me TODAY to learn how you can seize the opportunities in today’s real estate market!

Can’t wait to see the fantastic possibilities out there? Simply click on this link:

http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby

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08/22/2019
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Hot Huntley Hills!!!

 

4090 Commodore Dr

3 Bedrooms, 2 Full Baths

Partial Basement

$425,000

  • Larger Than it Looks-Addition on rear added extra space!
  • Rocking Chair Front Porch-Welcomes guests to your home!
  • Elegant Foyer– With beveled glass, thermal door!
  • Formal Living Room-HUGE room, tons of space to accommodate large parties, family gatherings, etc.!
  • Updated Kitchen–Abundance of cabinet & counter space, island, walk-in pantry, wood floor & door to deck!
  • Formal Dining Room –Off kitchen, excellent for entertaining!
  • Great Room-Part of the addition; features a wet bar, built-in bookshelves, cozy fireplace w/gas logs & glass doors!
  • Fabulous Master-Converted 2 rooms into one BIG master bedroom with built-in bookshelves & dresser & large closet!
  • Marvelous Master Bath-Stunning renovation w/Subway tile, pedestal sink & giant walk-in shower w/fold down bench/seat!
  • Secondary Bedrooms-Rear bedroom part of expansion too!
  • Playroom-Formerly a garage, could be used as another bedroom, office or converted back into a garage!
  • Laundry Room/Mud Room-Has extra cabinet/storage space,  wash sink & exterior entrance; leave muddy clothes here!
  • Multi-Level Party Deck-Great spot to chill & grill!
  • Screen Porch-Perfect place to escape, relax, read a book, enjoy Mother Nature & gorgeous landscaping!
  • Workshop-Off deck, ready for all your projects!
  • Private, Fenced Back Yard-No need to go to the Botanical Gardens, just go outside; profusion of specimen plants!
  • Great Location/Great Neighborhood- EVERYTING you  need is just minutes away! Walk to pool & school!
  • Schools: Huntley Hills Elementary, Chamblee Middle & Chamblee Charter High

Since I’ve known the Seller most of my life I can say with absolute confidence that this house has been impeccably maintained. Trust me, you’ll wanna see this one!!!

Not the home you’re looking for?  Start the search for your dream home here: http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby


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08/05/2019
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The reviews are in…

The reviews are in…see what my clients have to say about their experience with me as their Realtor. Contact me TODAY to find out for yourself why working with an experienced Realtor is a must!

From Linked-In

We have benefited from Debby being our Real Estate Agent in the past … her attention to detail ensured that our last home purchase transpired smoothly.  For this reason, she will be our agent, again, in the future.   Meanwhile, this year, when our county annual property tax assessment arrived in the mail, Debby concurrently contacted us to learn if the assessment was reasonable and, if not, the purpose of her contact was to see if we would like her guidance and support with appealing the assessment.  Appreciatively, we accepted her offer, and with her counsel we sent in our appeal.  For that alone …. we say “Thank you very much Debby.”  On top of that, our appeal was successful.

From Zillow.com

“Debby has an excellent working knowledge of her home town the local Metro Atlanta market. Since I was considering several areas suburban and exurban Debby helped steer me back in the right direction with good advice several times when I was looking at areas and houses without taking all factors into account. Things like traffic and travel times and and what properties/neighborhoods are more likely to be heading up most in value over time. She was also very good at spotting issues with houses both major and minor, some could cost me a lot of money. This saved me from putting in offers and having to pay an inspector only to find out later it’s a no go and would have wasted that time and money. Debby is good she knows her business inside and out and seems to work very well with selling agents, her communication and time management skills are excellent. Most importantly throughout the process she made it easy for me to get answers quickly while letting the selling agents know I was a serious buyer. Bottom line, I ended up buying the home I was hoping to find at a price a bit lower than what I was expecting for the area. A home on a great street that had seven offers that first listing day no less.”
833 Custom Ln, Winder, GA 30680

Wondering about the value of your home in today’s market. Always happy to help with that too, all you have to do is ask. Can’t wait, just follow this link for the answer:

http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby


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07/29/2019
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Atlanta Market Sales Prices Continue to Rise!

Average Sales Price – Residential-Detached

Great news for sellers; sales prices in the Atlanta Market continue to rise! Although, the market is beginning to show signs of becoming more balanced between a seller’s & buyer’s market. We currently have 7% more single family homes listed than in June 2018. Additionally, there were 2% fewer closings for the same period. That’s good news for buyers; more choices! Sellers don’t fret; we still have an inventory shortage in most price ranges, there’s just more competition.

Homes that are priced right & show well are still selling quickly. An experienced Realtor®, like me, will give you the right advice on staging & pricing. Believe me, after 18 years as a Realtor® I know what buyers like & where they focus. Always happy to share that expertise with you, all you have to do is ask!

Wondering about sales in your neighborhood? Delighted to answer your questions about that too! Can’t wait? Just follow this link…

http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby


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School Supply Drive

07/15/2019
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The Keller Williams Realty First Atlanta Culture Committee has organized a School Supply Drive.  We have Adopted a Class out of Scott Elementary School in NW Atlanta, Atlanta City Schools.  Here is a note from the teacher and below is the list of supplies needed.  Anything you can dontate would be greatly appreciated!

Our Classroom and School:

    I teach 1st grade at Scott Elementary School.  We are part of Atlanta Public Schools and located in Northwest Atlanta.  Our population is about 93% African American and 7% Hispanic.  100% of our students come from low-income families and qualify for free breakfast and lunch.  Our school is in the process of becoming STEM certified and we challenge our students daily to stretch their creativity and problem-solving skills through hands-on activities and working as a team.  I love working at Scott Elementary.  While there are many challenges that accompany poverty and academic deficits, our students are exuberant, intelligent, kind, and brave.  I learn new things every day from my students, but the biggest lesson has been resiliency.  They are experiencing things at 6 and 7 years old that I could never have imagined at that age, yet they come to school everyday ready to learn, grow, and spread their joy.  

     My school does the best they can to provide for their students, but the truth is there’s simply not enough.  Not enough money, time, manpower, or energy.  But through the help of people like you, we are able to give our students a new narrative.  At the beginning of my first year at Scott, my classroom did not have a rug.  My students were gathering for morning meeting and center work on cold, hard, dirty tile floors and doing so without opposition or a single complaint.  My principal, who is truly amazing, told me that he would try his best but that there was just not enough in the budget to afford a rug right now.  I took the matter into my own hands and, through the generosity of strangers on donorschoose.com, my students were given a beautiful, plush, large, new rug!  My student’s response to their gift was shock.  They couldn’t believe they mattered enough to be given something so nice.  This is the difference we can make in these students lives!  Yes, helping them to learn how to read and do math (which is incredibly important) but also helping them to learn that they are worth more than they could ever imagine.  That is how we give young people in our country a new story and start to break the vicious cycle of poverty and illiteracy.  

    I can’t thank you enough for even being willing to help!  I haven’t met my students for the 2019-2020 but I can assure you they will ecstatic to receive any and all supplies.  Thank you for being a huge part of their success in school and helping them learn that they are deserving of the whole world.

-Mrs. Fisher

Materials Needed:

Let’s do what we can to help these kids have a great school year!!!

 

All the best,

Debby


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How long will it take to sell my house?

06/25/2019
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How Inventory Affects Home Sales

Inventory – Residential-Detached 

We currently have 14% more single family homes for sale than a year ago. As mentioned a few weeks ago, inventory impacts sales prices & selling time. Sellers in some price ranges are enjoying the benefits of less competition, some not so much. For example, months of inventory represents the time it would take to sell a house/absorption (if no other listings were added). Below 6-7 months of inventory represents a seller’s market; homes go under contract in a few days, sometimes with multiple offers & at close to or higher than list price. The reverse can be the case for price ranges with 7-8 months of inventory; up to a year or more to sell. Which also means keeping the house in perfect showing condition for months & months too (trust me, it’s not fun). Here’s a breakdown of housing supply by price range:

   Price Range

$100-$249,000                   1-2 months of inventory

$250-$449,000                   3-4 months of inventory

$450-$599,000                   5-6 months of inventory

$600-$699,000                   7 months of inventory

$700-$799,000                   8 months of inventory

$800-$899,000                   9 months of inventory

$900-$999,000                   10 months of inventory

$1MM-$2MM                    13 months of inventory

$2MM-$5MM                    24 months of inventory

$5MM+                            48 months of inventory

Of course, the absorption varies in different areas. Always happy to share more specifics for your neighborhood. All you have to do is ask. Can’t wait? Just follow this link for the answer: http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby


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Atlanta Market Sales Prices

06/25/2019
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Atlanta Market

Average Sales Price

Residential-Detached

The First Multiple Listing System (FMLS) has just released the May numbers. More good news…..Sales prices in the Atlanta Market continue to rise! Average sales prices for both detached & attached homes are up 5% YTD vs. May 2018.  Low inventory, in most price ranges, continues to be a contributing factor.

However, inventory is increasing; 14% more single family homes are for sale this year than the same time last year. More homes on the market means more competition for sellers which can lead to longer selling time & lower price.  Did you know there is a direct relationship between length of time on market & price? The longer a listing is on the market, the lower the sales price. Therefore, understanding the inventory & other market factors is crucial to your sales success. Of course, an experienced Realtor©, like me, will be sure you’re well prepared with all the right market data.

Wondering about sales prices & inventory in your neighborhood? Always happy to answer all your questions, all you have to do is ask! Can’t wait? Just follow this link:

http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby


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05/09/2019
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The market is hot, do I need a Realtor® to sell my house?

Thankfully, it looks like we’re going to have another HOT selling season this year. This has many sellers thinking they will save some money (on commissions) & sell their house themselves. In reality, they are likely, unexpectedly, costing themselves money. Putting a sign in the yard & lockbox on the door is the easy part. It’s what happens after that when things get tricky. Here are just a few points to consider before committing to sell “By Owner”:

NEGOTIATING PROCEDURES

Are you

1.      Able to accept and evaluate contract offers unemotionally?

2.      Mindful that you and the FSBO buyer have the same primary goal – to save the commission?  Your goal is to receive market price without paying a commission.  The FSBO Buyer’s goal is reduce your market price by the amount of the commission.

3.      Knowledgeable of how to protect your interest and avoid giving away valuable negotiating points while showing your house?

4.      Aware of your negotiating parameters and how to negotiate a win- win situation?

5.      Able to navigate multiple offer situations?

 

ROM CONTRACT TO CLOSING PROCEDURES

Are you

1.      Aware that the greatest challenge in selling your house is not finding a buyer and getting a contract, but getting to the closing table?

2.      Comfortable you can overcome the inevitable “buyer’s remorse” syndrome?

3.      Prepared to deal with any buyer’s loan challenges required for final loan approval?

4.      Willing to deal with and overcome inspection issues?

5.      Knowledgeable of how to deal with low appraisals?

6.      Able to effectively deal with emotional closing issues?

These are only a few points to consider. Of course, there are a lot more things to think about. To see the rest of the potential challenges & pitfalls contact me today. I’ll gladly share the rest of the report with you!

Wondering about the value of your home in today’s market. Always happy to help with that too, all you have to do is ask. Can’t wait, just follow this link for the answer:

http://www.debbybraun.com/search_atlanta_mls_listings.asp

All the best,

Debby


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RED Day-May 9th–giving back to the community

04/18/2019
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So may be wondering – What is Red Day? RED stands for Renew, Energize and Donate, it is Keller Williams Realty’s annual day of service. RED Day was created in 2009 to honor one of our founders, Mo Anderson’s, birthday by spending the day away from our businesses serving worthy organizations and causes in our communities. RED Day is just another example of our commitment to each other and the cities and towns where we live and work.

This year on May 9th, my office wants to really make an impact – we’ve identified 4 different projects & we need your help to make this happen. You can help by donating items for each Charity. This is what we need:

Project 1 – Dunwoody Nature Center –

Collecting – Bottles of glue/glue sticks, Single Color Packs Construction paper, Colored Markers, Pipe cleaners, Googly Eyes

Project 2 – Foster Care Support –

Collecting – Girls and Boys NEW Swimsuits

Project 3 – Life Line Animal Services –

Collecting – Cans of Wet Cat/Dog Food, New or Used Collars/Leashes

Project 4 – Seven Bridges to Recovery

Collecting – Paper towels, toilet paper & Kleenex

Of course, we will always take donations to purchase supplies as well. If you have items or funds to donate please let me know & I’ll pick them up. We’ll be extraordinarily grateful & you’ll earn some good Karma.

“You can’t always change the world, but you can change someone else’s world.”

All the best,

Debby


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Sip & Shop

04/18/2019
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Happy Hour & Happy Gifts

Mother’s Day, Graduations, Weddings & other happy gift giving occasions are around the corner. Make your shopping stress free & fun by visiting our Happy Hour & Happy Gifts event. Join our super Stella & Dot hostess, Danielle Miller & me at Le Meridien Hotel lobby bar to sip & shop, your first drink is on me:

Thursday, 4/25 from 5 to 7

LE MERIDIEN

ATLANTA PERIMETER

111 Perimeter Center West, Atlanta, GA 30346

lemeridien.com/atlantaperimeter

Not able to attend & still want a super shopping experience? Contact Stella & Dot Hostess:

Danielle Miller

678-758-1854

dmiller0719@yahoo.com

Stella & Dot

Please let us know if you’ll be able to join us so we can be sure to keep an eye out for you. Look forward to seeing you on the 25th!

All the best,

Debby

 


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