Virtual Properties Realty.biz

Virtual Properties Realty.biz VPR had 11,5l7 sales transactions totaling $2,300,000,000 in 2019. We cover the state of GA, with o

05/22/2020

According to figures from the First Multiple Listing Service for metro Atlanta, there were +6,500 new listings in the first half of May, down about 15% from the same period in 2019.This gap continues to close, suggesting a more active market. Also a +35.4% increase in showings since the first of the year, and +6% increase in Mortgage Purchase Index from the week prior, only 1.5% lower than the same week last year, signs that the housing recovery may be here. Source: Mortgage Bankers Assn. The market is definitely on the rise!

05/08/2020

Good news for the Atlanta area: according to the multiple listing services, The Atlanta and Georgia market held up a lot better than most of the country. New listings in April 2020, were +12,000. Approximately 20,000 listings moved to closed, only down 3.8% from 2019. Average sales price of residential listings through the end of April 2020 was $317,824, +4.3% compared to the same period in 2019.

Virtual Properties Realty works with the 3 largest ebuyer
companies. Call me if you might be interested in taking this route. We have lower fees than going directly to these companies. It can be just what you are looking for.

We also have a superior lease purchase program.

Keep safe and call me with any of your real estate needs or questions.

04/20/2020

Timely information from Susan Visi, Mortgage Loan Originator at United Community Bank. Office 706-348-4244.

The nation's fourth largest mortgage lender is tightening standards for most new home loans amidst the murky economic outlook. J. P. Morgan Chase announced that starting April 14, most new mortgage loans will require a credit score of 700 and a down payment of 20%. These do no apply to existing mortgage customers or low and moderate-income borrowers who qualify for their 3% down payment "DreaMaker" product. (And I imagine FHA loans will continue with their 3.5% down payment. Shirley)

Rates for a 30-year fixed rate mortgage showed zero movement in the Freddie Mac Primary Mortgage Market Survey for the week ending April 9. This survey predicts "As financial market continue to heal, we expect mortgage rates will drift lower in the second half of 2020."

Please call Susan for pre-qualifying for a mortgage, and me for helping you to sell or buy!

03/05/2020

Surveys show that annual home value appreciation continues to fall, but expected to remain near the current 4 percent annual growth pace. Yun, the chief economist at the National Association of Realtors, says "We need a strong ramp-up in construction, but, more likely, it will be more of a steady increase. There will still be a housing shortage at the mid-price tier and lower."

02/24/2020

Welcome to my page. Don't forget to like or follow me so you can keep up with the latest real estate news. Thanks for visiting Shirley Starr, Real Estate Agent with Virtual Properties Realty.biz, and I hope to be helping, you, your friends and relatives with their real estate needs soon!

Address

2750 Premiere Parkway, S. 200
Duluth, GA
30097

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 5pm
Sunday 9am - 5pm

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