Jodi Smith Realtor

New Signs that Home Prices May Be Stabilizing

Your North Metro Atlanta Realtor is Proud to Share this Important Information with YOU!!!

New Signs that Home Prices May Be Stabilizing

CNBC.com

| 21 Apr 2010 | 12:47 PM ET

A new sign that home prices may be stabilizing—fewer sellers are slashing prices while their homes are on the market.

Twenty percent of sellers slashed prices by an average 10 percent in April, and while that may sound like a lot, it’s a good deal less than the 27 percent who did so in April of 2009, all according to real estate website Trulia.com.

Granted, sellers still slashed a collective $23 billion dollars from their original expectations, but at least the numbers are headed in the right direction.

“Market stabilization is helping to define fair market value, and this helps agents and consumer price better,” says Trulia’s Ken Shuman.

The big question is what will happen when federal stimulus finally exits the housing market, as the home buyer tax credit expires April 30. Increases in foreclosures are already beginning to weigh on home prices, as distressed sales now dominate the market.

Going locally, some of the hardest hit metropolitan markets are now seeing some of the biggest decreases in seller concessions. In Las Vegas, just 13 percent of sellers on the market have slashed prices, compared to 28 percent a year ago. San Diego and San Francisco are seeing comparable trends. On the flip side, Seattle and Denver, which were late to boom and later to bust are still seeing an increase in price reductions.

The average price reduction, again 10 percent nationally, is also changing depending on the market. San Francisco sellers are lowering prices by about 8 percent compared to 13 percent a year ago. But Phoenix, with its huge rate of foreclosure, is seeing prices slashed 13 percent compared to 12 percent last year.

In addition to market stabilization in some metros, the fact also is that sellers, inundated with news of the troubled housing market, are simply more realistic than ever before. Realtors report that more of their clients realize that underpricing will generate more offers faster. Also, those sellers demanding prices of yesterday, are taking their homes off the market to wait out the recovery.

Call or Email me today for all of your Real Estate needs! Jodi Smith, East Cobb Realtor with Keller Williams Realty Consultants.  Helping you find Homes in East Cobb, Homes in Marietta, Homes in Roswell and Homes in Alpharetta.  CELL:  678-763-6025 or EMAIL: jodismith@kw.com

Jodi Smith Realtor

Roswell Real Estate Agent Makes 1st Time Homebuyers Dreams Come True

Your Roswell Realtor Has Done It Again!!!

Just Sold in Beautiful Roswell Georgia

In Lake Forest Subdivision

These First Time Home Buyers found the home of their dreams in sought after Roswell Georgia…

AND

Got to take advantage of the First Time Home Buyers Tax Credit

Here’s what they said:

Jodi was such a helpful Realtor during the entire moving process! She helped to make our first home purchase easy and stress-free. We liked how willing she was to talk with us when we had questions, and we felt like she really listened to what we were looking for in our first home. She helped to prepare us for all of the steps towards buying a home with professionalism and ease. Jodi’s knowledge of realty and the markets was very impressive.

Let me help you achieve YOUR dreams too!!!

Jodi Smith Realtor

Cobb County Realtor shares Cobb County BOE approves 3-Year Balanced Calendar

Your Cobb County Realtor wanted to share the following information for the Cobb County Board of Education: Cobb County Board Approves Three-Year Balanced Calendar

The Cobb County Board of Education approved a balanced calendar for the 2010-2011, 2011-2012 and 2012-2013 school years during its Nov. 11, 2009 meeting. Each school year will begin the first week of August and end the Friday prior to Memorial Day in May. The 180-day balanced calendar includes one-week mid-term breaks for students and teachers in September and February and a full week of Thanksgiving holidays. The first semester of each school year will conclude before the winter holidays in December.

In September 2009, the Board requested that Superintendent Fred Sanderson develop different calendar options for the Board to review. Four options were presented during the October 14 work session with varying start dates and breaks. These options were posted for review on the District Web site and all school Web sites, along with contact information for the seven Board members. The District used its automated calling system to notify 63,000 student households of the calendar options, and also included calendar information in its regular Board of Education e-mail newsletter, which reaches more than 24,000 community members. More than 8,400 Cobb County teachers and employees responded to a District survey asking which survey option they preferred. More than 50 percent voted in favor of the balanced calendar option.

The Cobb County School District will monitor the impact of a balanced calendar on key operational areas, including student achievement, attendance, and discipline, as well as teacher morale and retention. Evidence and data from some districts that have adopted balanced calendars appear to support at least some correlation between the calendar change and improvements in these areas. The District also will track potential impacts on maintenance and utility costs.

Conference weeks and any early release days for the approved calendars will be determined at a later date.

2010-2011 School Year Calendars

• 2010-11 School Year at a Glance Calendar

2011-2012 School Year Calendars

• 2011-12 School Year at a Glance Calendar

2012-2013 School Year Calendars

• 2012-13 School Year at a Glance Calendar

  Call or Email me today for all of your Real Estate needs! Jodi Smith, East Cobb Realtor with Keller Williams Realty Consultants.  Helping you find Homes in East Cobb, Homes in Marietta, Homes in Roswell and Homes in Alpharetta.  CELL:  678-763-6025 or EMAIL: jodismith@kw.com

Jodi Smith Realtor

ROSWELL REALTOR SHARES ROUNDABOUTS IN ROSWELL

Your Roswell Real Estate Agent is Proud to Share this Important Information with YOU about Roswell Georgia!

ROUNDABOUTS IN ROSWELL

The City of Roswell is preparing to begin construction on the City’s first roundabout at the intersection of Grimes Bridge Road and Norcross Street/Warsaw Road.  The five-leg roundabout will allow the removal of the traffic signal and allow traffic to move freely through the intersection.

Roswell DOT has prepared material to inform you about how roundabouts work and how to travel through them.  There is strong evidence from across the United States and in Georgia that confirms roundabouts:

• reduce accidents and injury crashes
• provide increased pedestrian and bicycle safety
• reduce vehicle speeds
• reduced vehicle delay and fuel consumption
• improve air quality by reduced vehicle idling
• reduce electricity usage (by removing existing traffic signal) therefore less cost to the city
• reduce road noise
• provide a sustainable, aesthetically pleasing improvement

In terms of the Grimes Bridge/Warsaw/Norcross roundabout project, it is important to note that:

• Modern roundabouts are safer than a traditional intersection with a traffic signal
• No houses will be taken or demolished as a result of this project
• No significant specimen trees will be removed or harmed due to this intersection improvement project
• The construction of this project requires no road closures
• The construction cost is estimated to be $950,000

Additional information is available in the Roundabout FAQs including City responses to misinformation being distributed in the community

Read a two-page Fact Sheet about the Grimes Bridge/Warsaw/Norcross roundabout project

Review the conceptual drawing of the Grimes Bridge/Warsaw/Norcross roundabout.

Review a two-page brochure discussing the navigation of a roundabout and the safety benefits of roundabout installation.

Watch a video produced by the Insurance Institute of Highway Safety.

Several web pages specifically discussing roundabouts are listed below:

Insurance Institute of Highway Safety (IIHS)
Maryland Department of Transportation (MDOT)
Georgia Department of Transportation (GDOT)
Arizona Department of Transportation (AzDOT)
University of Minnesota Center for Transportation Studies

If you have questions or need additional information, contact the Roswell DOT.

Call or Email me today for all of your Rowell Real Estate or Atlanta Real Estate needs! Jodi Smith, East Cobb Realtor with Keller Williams Realty Consultants.  Helping you find Homes in East Cobb, Homes in Marietta, Homes in Roswell and Homes in Alpharetta.  CELL:  678-763-6025 or EMAIL: jodismith@kw.com

Jodi Smith Realtor

ROSWELL CHRISTMAS CONCERT Benefiting Children Around The World

Your Roswell Realtor is Proud to Share this Important Information with YOU!

Presbyterian Church, 755 Mimosa Blvd, Roswell GA, in their gorgeous 1,000 seat sanctuary. Concert begins at 7:30, and seating begins at 7:00. 100% of ticket proceeds benefit four different programs that focus on disadvantaged children, one in our city, one in our state, one national, and one international !!! Tickets are $10, and can be purchased in advance (770-993-6316) or at the door. The perfect music to get you in the Christmas spirit !!!

Call or Email me today for all of your Real Estate needs! Jodi Smith, East Cobb Realtor with Keller Williams Realty Consultants.  Helping you find Homes in East Cobb, Homes in Marietta, Homes in Roswell and Homes in Alpharetta.  CELL:  678-763-6025 or EMAIL: jodismith@kw.com

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