The 2009 Hamilton Mill Real Estate Data Will Be Released Tomorrow / Feb 1, 2010
Related Posts: Real Estate Data
hi
We’ve been hard at work on the Annual Report for Hamilton Mill that will give you all the details on the 99 homes that sold last year in Hamilton Mill Golf Club. It’s certainly less volume of sales than we’ve seen in previous years (down about 30%). It also takes much longer (on average) to sell the houses and, of course, the pricing is down substantially.
But, the good news is that 99 homes DID sell this past year — so, the world is still turning and homes are still selling!
On the other side of the coin, buyers are getting fantastic deals on all kinds of real estate. If you are moving up and buying another home, it’s very likely that you’ll be able to buy an amazing home at a rock bottom price right now. Investment properties are also a great idea right now.
Be sure to add yourself to our mailing list here for the Hamilton Mill Real Estate Annual Report.
btw, we’ll also be sending out updates on a quarterly basis in 2010.
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New FHA Changes Make NOW The Time to Close :)
Related Posts: 389
hiThis new data came to us yesterday from our good friends over at Primary Residential Mortgage…
Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA).
Coming just weeks before the April 30 deadline for the Home Buyer Tax Credit and just days after the March 31 expiration of the Federal Reserve Board’s mortgage backed securities purchase program (which has kept home loan rates artificially low for over a year), these FHA changes make it even more important to act now to save big.
Here are a few reasons why:
On April 5th, the cost of required up-front mortgage insurance for loans guaranteed by the FHA will increase from 1.75% to 2.25%. For a borrower purchasing a $200,000 home with a $7,000 down payment, the up-front mortgage insurance will increase by $965. Up-front mortgage insurance is typically financed in the final loan amount so the impact to a monthly payment will be minimal but overall, the increase is still borne by the borrower both upfront and monthly.
Later this spring, the amount of money that a seller can return to the buyer from their sale proceeds will be reduced from 6% to 3%. The reduction in these “seller concessions” can increase the amount of cash a buyer will be required to pay at closing by $6,000 for a home purchase of $200,000.
There is only one way to avoid being affected by all of these costly changes that lie ahead – submit all FHA mortgage applications by the last week of March.
(Thanks Gabie!)
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84 Active Listings for Hamilton Mill Real Estate (as of Jan. 28, 2010)
Related Posts: 389
hiI just took a quick look at the FMLS system for Hamilton Mill. Right now there’s 84 homes for sale in Hamilton Mill Golf Community. That’s a pretty good level of inventory — not too high and not too low. At times in the past, we’ve had 150+ homes on the market. That puts things way out of balance and drives price down while increasing the amount of time that it takes to sell your house.
There’s a couple of things that I noticed when I looked at this data.
#1. The prices for many properties are really low (the lowest is just $169k)
#2. Some of these homes have been on the market for a year or even 2 years.
#3. There’s an obvious division between the two.
So, here’s what I’m saying…
Homes come on the market at a good price and they sell in a reasonable amount of time (like 90 to 120 days). But, other homes come on the market at “old market prices” and they just sit on the market for months and then years.
What can we do…
The bottom line for Hamilton Mill homeowners is that selling a home today is going to take some pretty aggressive pricing — probably more aggressive than you think.
The good news is that homes are, in fact, selling.
By my count, 99 homes sold in Hamilton Mill during 2009.
We’re about to publish our Hamilton Mill Real Estate Annual Report for 2009. Just fill out the form here to receive your copy.
Of course, we’re happy to provide whatever custom data you might want and customize a report for homes that are directly comparable to your own home, etc.
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Get The Latest Data Hamilton Mill
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Celebrate Christmas 2009 at 12 Stone Church
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hiLooking for a Church home? or just a place to celebrate the true Christmas?
This is an update from a previous post about 12 Stone Church.
12 Stone is an amazing Church all year long, but it’s always extra special at Christmas. There’s now 3 different campus locations for 12 Stone now – Hamilton Mill, Flowery Branch and Hwy 20 (Central Campus). There’s a bunch of different service times at the different locations.
It’s important to note that the Christmas services are happening THIS WEEKEND — before Christmas.
So, check out all the details at 12stone.com
Merry Christmas!
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Hamilton Mill Real Estate Annual Report is Coming
Related Posts: Hamilton Mill Real Estate
hi
Watch your email for the 2009 Annual Report for Hamilton Mill Real Estate. Our reports give you comprehensive details about each and every home sold in Hamilton Mill.
This information will help homeowners understand exactly what’s happening in this shifting market. It’s particularly useful when evaluating county tax information as well as for pre-sale assessments.
But, this data is just the beginning of a comprehensive market analysis. If you’re thinking of buying or selling real estate in 2010, call Diamond Dwellings today for a complete and accurate analysis of your specific property.
To receive this year’s annual report, send email to reports@diamonddwellings.com
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Food Drive at Hamilton Mill / Compassion in Action Weekend
Related Posts: Churches, Fun Stuff For Kids, Fun Stuff for "Kids over 30", Fun Stuff for Bigger Kids
hiThis will be my 3rd year in a row leading a very big food drive in the Hamilton Mill area as a leader for Compassion in Action weekend – in cooperation with 12Stone Church. It’s a really cool opportunity for all of us to give SO MUCH back to our community with just a few short hours of effort.
Last year we collected an amazing amount of food and delivered it to the Lawrenceville Co-op.
Hard to believe but there are families right here in Gwinnett that have a huge need (now as always)
This is certainly something that parents and kids can both be part of.
Now’s the time to sign up (takes 2 seconds)
The first step is having each person (parents and kids) sign up here:
Everyone gets a CIA t-shirt but they have to sign up really soon (like this week).
After you to the site, there’s a list of different activities.
The Hamilton Mill food drive is the very first choice (and the best one 
btw, if you can’t be there on Oct 3rd, we also need lots of help with flyer distribution during the week before.
Also, if you can only help for an hour or two on Saturday, that’s fine too. Just come when you can!
Regards,
Matt Fagioli
678.694.7001
ps. please feel free to call me with any questions or ideas
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Hamilton Mill Connects on Facebook and Twitter
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hiSo much is happening online today with social networks like Facebook & Twitter.
Hamilton Mill is connecting here:
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1562 Heathermoor Way, Dacula, Ga 30019 | Hamilton Mill
Related Posts: Windridge
hi
In the last 8 weeks, we’ve added a whole bunch of new Hamilton Mill listings to the Gwinnett Real Estate Listings. None finer than the gem we listed today over on Heathermoor Way in Windridge. This house is immaculate AND really well priced – not the usual combination
It’s got one of the best back yards anywhere in Hamilton Mill with well groomed bermuda grass and great fence around the entire perimeter. The basement is fully finished – professionally done – with all the details covered.
They’ve also added lots of upgrades on the main floors, including lots of trim upgrades in the dining room, etc.
It’s initially priced at $315,900 (call for latest pricing if you are reading this post and it’s been a while).
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$8000 First Time Homebuyer Credit
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hiThere has been a lot of talk recently about the $8000 first time home buyer credit. It’s really a fantastic incentive – a gift really – if you are buying a home now. In fact, if you have already bought a home (after April 8, 2008) you can file (or modify) your 2008 federal tax return in order to claim the credit.
You Qualify for the credit IF you haven’t owned any other property for the last 3 years.
Here’s a link to the actual First Time Home Buyer Credit IRS form 5405. Use the form to claim the first-time homebuyer credit. The credit may give you a refund even if you do not owe any tax. For homes purchased in 2008, the credit operates much like an interest-free loan. You generally must repay it over a 15-year period. For homes purchased in 2009, you must repay the credit only if the home ceases to be your main home within the 36-month period beginning on the purchase date. (See Repayment of Credit on page 2 of the form)
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