As of January 4th, 2012, there are a few new mortgage tips just received in my email:
FHA loan limits are back up to $346,250.
Upfront MI remains the same at 1%.
the real estate market is really picking up around here. Great deals in both foreclosures and regular inventory with people needing to move without a short sale circumstance.
Our site tries to provide as many useful tools as possible for both sellers and buyers.
For instance:
Market Trends: 1/4/2012
North Atlanta
Market Snapshot
Total Properties Listed: 40,685
Month-Over-Month Change: -9.93%
Average List Price: $270,780
Month-Over-Month Change: +.64%
Median List Price: $154,900
Month-Over-Month Change: -1.62%
Typical Property
Single-Family Home
3.59 Bedrooms
2.79 Baths
$270,780 Average List Price
$95/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom: $99,823
2 Bedrooms: $142,829
3 Bedrooms: $149,912
4 Bedrooms: $242,395
5 Bedrooms: $431,241
