Pinewood Realty Group

It's time to live your dream.

Peachtree City

How’s the Market, August 2017

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Are you wondering how the market is looking? Look no further! The Market is both EXCITING and CHALLENGING!  We love the industry and love helping our clients!  Please feel free to call us with questions at anytime.  We are happy to help!

 

Graph displays June, July and August stats. The numbers reflect attached and detached single family homes in the Atlanta Metro Area. All data taken from Georgia Multiple Listing Service on August 18, 2017.

 

  • Single Family inventory is down 22.3% from August 2015.
  • Good news, New Foreclosure numbers have been on a downslide since March and down by 13% from last year.
  • Days on the Market is 73; this number is slightly up since April.
  • Pending sales are up by 11% from last year and pretty consistent to last month.
  • Single Family average price of $271,023 for the month of July is 4% higher than July of 2016.
Month/Year Inventory New Listing Solds
June 2017 44,935 14,969 11,400
July 2017 44,465 13,298 10,129
August 2017 39,622 9,208 5,044

The Federal Reserve, FNMA, NAR and most economist would suggest rate increase this year to approximately 4.75-5%.  Buyer power decrease by 10% with every 1% interest rate gain.  Buying now is still a good move for buyers even in a low inventory market.

What Should Seller’s do in this Market?

  • Know the price trends. Overpricing is a mistake in today’s market.
  • Be positioned as the best conditioned home.  You will get top dollar this way.
  • Stay positive, It only takes one buyer!

What Should Buyer’s do in this Market?

  • Become the most attractive buyer by being pre-approved for your loan.
  • Be ready to buy, don’t hesitate when you find the right property.
  • Stay positive, the right home is out there waiting for you.

 

Meet the Page Family!

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They say that moving is one of the top five most stressful events in a person’s life.  Well, we are a family of five, all boys under the age of 8.  We moved over 1500 miles across the country, relocated our jobs, schools, sold our home, and had to buy a new home all within a few months.  The stress factor should have been at an all-time high!  What the Pinewood Realty Group team did for us, and what they do best in our opinion, is in the personal connection they offer that helps lift the pressure off the whole home buying process.  They were professional and we felt they understood us and what we were really looking for in a home, in our budget, and in our time frame.  We are so excited about our new home and are very grateful for all of Pinewood Realty Groups service.

Meet Our Preferred Lender, Daniel Aiken!

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Daniel is our preferred mortgage lender, he has helped many of our clients mortgage loans. He goes above and beyond any other lender we have worked with in the past. He loves what he does and he puts in long hours to make sure his clients are well taken care of. Dan has been originating mortgage loans on the Southside of Atlanta for the past 31 years. Although he has been the top VA loan officer in Atlanta for most of those years, he is also well versed in Conventional, Jumbo, FHA, USDA, and Investor loans. His office is conveniently located at Hwy 54 & Hwy 74 in PTC in Westpark Walk.

 

One of our Realtors, Katelyn Duke, recently sat down with Dan for a Q&A session.

 

 

You have been originating mortgage loans for over 30 years, can you share with us how you have been able to continue being a top VA loan officer for most of those years?

My business model is to get everything up front and the rest of the process goes smooth as glass after that. My favorite quote is “Hard work puts you where good luck can find you”. The harder I work in this world the luckier I get. 

 

What is your approach with clients?

I suppose my approach is to be friendly and to put people at ease. I know the process can be very stressful and I have a lot of empathy. I truly love what I do and I hope to still be doing what I’m doing twenty years from now. 

 

What has helped you stay successful in this industry for over 30 years? What would you share with our clients about your secrets to success?

Communication is key and when my clients have questions I’m available all hours day and night even on weekends. I don’t really have office hours. I have fielded many phone calls and have taken complete loan applications on fishing boats. Fishing seems to bring me a lot of luck, you have to be there when they need you.

 

What is the greatest value you bring to the table?

My greatest asset is my team. My wife Karen has 30 years in the industry on the closing attorney side and as a closer on the lender side. She is the best of the best when it comes to the front end of the process and when we get into closing mode. My processors Natashia and Stephanie both have many years in the business and are the top producers in our region when it comes to transaction units. I KNOW I have the strongest team around. They make me look very good.

 

 

Dan Aiken

Sr. Mortgage Loan Officer

SWBC Mortgage Corporation

Cell: 404-791-3492

Office: 678-369-7076

Peachtree City – A Great Place to Live

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Are you new to Georgia or a current resident looking for a new place to call home? Have you been searching the ideal community with all the right amenities? Look no further – Peachtree City is the place you will want to call home! Whether you are a first-time homebuyer or looking for the perfect place to retire, you will find Peachtree City offers it all.

Founded in 1959, Peachtree City is located just a few miles south of the Atlanta International Airport. Home to a population of over 35,000, the residents enjoy remarkable residential and commercial living and the some best community services and amenities that Georgia has to offer. In 2016, Peachtree City was awarded five accolades:

• Best Place to Live in Georgia (Livability.com, 2016) (I would add links to each of these stories online about the awards)
• Safest City in Georgia (Safewise.com, 2016)
• Best Suburbs in Atlanta Metro (Niche.com, 2016)
• Best Place to Raise a Family in Georgia (WalletHub.com, 2016)

Peachtree City is best known for its 100-mile network of multi-use paths for pedestrians, cyclists, and golf carts! The paths connect neighborhoods, shopping centers, churches, schools, and parks through tunnels and bridges and wooded scenery. You can virtually ride your bike or golf cart to almost any point in Peachtree City.

The film industry is booming in neighboring Fayetteville and Senoia! It is becoming common for locals to see celebrities hanging out at their favorite restaurants or other hot spots around town. Pinewood Atlanta Studios is a full-service film and entertainment studio that is located in Fayetteville on 700 acres. Pinewood Studios is the second – largest film studio in the United States, behind Warner Brothers.

If you are looking to move to Georgia, Peachtree City is the perfect community that offers fun for the whole family.