IT'S A GREAT TIME TO BUY HALL COUNTY, GA, REAL ESTATE!

What with all the media attention focusing on gloom and doom in real estate, I remain subbornly optimistic and unapologetically bullish on residential real estate.  There is much good news about real estate that just isn't getting the media attention it deserves:

1.  Interest rates are at near 45-year lows.  In the early 1980's, my husband and I relocated to Gainesville, GA (the best place in the world!).  When we arrived, however,  we couldn't afford to purchase a home, for two reasons: 

#1 We had a house to sell in Knoxville, TN (a common problem) and 

#2 Interest rates were 18% (a VERY UNIQUE problem). 

Today, I can't get my head around qualifying for, much less making payments on, a 30-year fixed mortgage at 18% interest.  Luckily, in today's environment, interest rates are LOW...historically low (in the 6% range)...which makes it a great time to buy real estate in Gainesville, Flowery Branch, Lake Lanier, and all around Northeast Georgia!

2.  Home mortgages are still available, contrary to what you might believe after the daily deluge of media noise touting the "credit crunch."   Mortgages are especially plentiful in amounts under $400,000 (beneath the jumbo loan range) to people with jobs, normal credit scores and reasonable debt-to-income ratios.  (Call me if you'd like contact info on lenders ready to make home loans!)

3.  Unemployment is low = jobs are plentiful, especially in Northeast Georgia!November's just-released figures indicate Gainesville, GA's, unemployment rate is 3.3%, the GA Mtns Region's rate is 3.5%, and the State of GA's rate is at 4.2%, while the US unemployment rate is 4.5%  

4.  Inventory is plentiful, both in new construction and resale properties. Sellers are motivated, which means buyers can likely get more house for the money in such great communities as Sterling on the Lake in Flowery Branch, Avalon Hills in North Hall County, and the Gates at Limestone in the City of Gainesville (to name a few) than at any time in recent years. 

When you consider supply and demand, nothing quite comes close to the value found in real estate.  After all, each home is unique and truly one-of-a-kind simply because it is built on one commodity whose supply is fixed--and becoming more and more scarce each day--land!   Let's Real Estate!