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Jim Crawford ~ Atlanta Real Estate-ABR E-PRO

Has Your Market Slowed to A Crawl or Died?

Has your business died?I noticed in the last few weeks Internet leads in real estate in several markets has slowed to a crawl. Actually it seems like it has died! I was wondering if the market is spooked, no pun intended for the upcoming Halloween! Each time the government announced a bailout, a bank failure or the "Fannie Mae and Freddie Mac Fix"....buyers became more scarce. I really think Congress has spooked the market along wiht the media in recent months. I know it isn't just me. I am hearing this from full time agents, brokers, inspectors, builders, closing attorneys, and mortgage professionals. The only exception that I am hearing about is that some high end builders are selling some custom homes - all cash. I suppose the rich feel the safest place to have their money is in real estate as opposed to the banks where no one knows what tomorrow will bring!

Since the mantra in real estate these days is "Real Estate is Local" what's happening in your markets? Are you getting real buyers? Tire kickers? Investors? Bottom Feeders? More listing calls? Foreclosure inquiries? Is anything productive occurring? Is your market improving or still declining?

Sales in Atlanta have slowed to pre - 2000 levels, inventory is still very high especially for this time of year, condos, and town home sales have fallen off the charts.

Atlanta Gas Crisis - Update October 4, 2008 - Atlanta Gasoline Crisis

Atlanta is breathing a sigh of relief as our gas crisis seems to be ending. Over the last few days in Atlanta gasoline seems readily available almost anywhere. Yes some gas stations are still closed, but those that are opened they have no lines, and it is EZ to find gas. I have heard there are still some shortages in the Canton / Woodstock area from past clients. Gas prices have also dropped from an average of $4.09 last week for regular gas to under $4.00 a gallon. Today I filled up my vehicle and it was $3.89 a gallon. I might add, no waiting! There were several things that I personally attribute to the crisis ending. The first is that people came to their senses and stopped hoarding. It is not smart to keep topping off the tank. The second was the specially formulated gas for air pollution standards was temporarily waived. Gas stations also did an excellent job at directing traffic so that tempers did not flare. Kroger Supermarkets did an exceptional job in the John's Creek area at directing traffic, and keeping the lines moving!

The Bailout was A Sellout!

PigsYou thought they wre really fixing the country? LOL! The policitinas were just having some fun with us! Ge, they acted so sincere! Well they did it again!

There was an awful lot of pork in this government bailout bill, and if you check who sponsored most of it was Democrats. No this in not a political rant, this is a fact. Do your own research. It isn't a political rant. I guess they had to pay back all the political gifts and favors they have received. You thought they were doing the right thing, the fact is it is business as usual in DC. So we have been screwed, and get ready for more. Here are just some of the pork barrel items inserted into the bill. Go ahead, do your own reserach. Some of these programs go into the billions! Yes, BILLIONS!

Before you comment, do your own research and have some fun. Check out who sponsored what! Then remember it next time you vote! We've been sold out!

  1. Increase in limit on rum excise tax to Puerto Rico and the Virgin Islands. For Rum Manufacturers.
  2. Investors in the District of Columbia or on Indian reservations.
  3. Exemption from excise tax for certain wooden arrows for children. - Save Arrow manufacturers $200K a Year!
  4. Building and renovating restaurants.
  5. 7 year cost recovery period for motorsports racing track facilities. - save NASCAR track builders $109 million in 2008.
  6. Extension and modification of research credit. (Tax Breaks for major Corportations!)
  7. A $3.5 billion measure intended for health-insurance companies to cover mental illness. Provides extended coverage for addiction at employer expense.
  8. Income averaging for amounts received with the Exxon Valdez litigation.
  9. Secure rural schools and community self-determination programs
  10. Deduction for state and local sales taxes.
  11. Provisions related to film and television productions.
  12. Extension and modification of duty suspension on wool products; wool research fund; wool duty refunds.
  13. Extension of economic development credit for American Samoa. $192 million.
  14. Inclusion of cellulosic biofuel in bonus depreciation for biomass ethanol plant property.
  15. Transportation fringe benefit to bicycle commuters.
  16. Enhanced charitable deductions for contributions of food inventory.
  17. Extension of enhanced charitable deduction for contributions of book inventory to schools.
  18. Transfer - abandoned mine reclamation fund - Abandondoned Funds given to United Mine Workers of America Combined Benefit Fund.
  19. Doubles the subsidy for biodiesel production from 50 cents per gallon to $1.00 per gallon.
  20. The bailout bill pays a marketing campaign for the Forestry Service or the Bureau of Land Management.

Bailout - They Fixed The Economy For Good!

It is amazing that it only took 140 more billion dollars in pork to keep the party going on the hill until after the elections. These beggers have no shame at all to come to us after they have squandered our hard earned tax dollars, gambled our future and all with out any oversight and wanted more. They got it. Details of the deal will follow in the coming weeks!

The good thing about the bill:

  1. No more whining or pointing political fingers on Capitol Hill.
  2. Bi-Partisan works when the bribe money is big enough!
  3. No more tax monies needed ever from anybody.
  4. You do not have to be worried about your jobs.
  5. Don't ever worry about inflation again.
  6. No need to raise taxes.
  7. No more bankruptcies.
  8. No more bank failures
  9. No more foreclosures.
  10. Good times ahead for all!
  11. You'll be back selling 10 homes a month in no time.
  12. Properties will automatically stop falling in values.
  13. Appraisals will come in at full value.
  14. Stocks will never again fall in value!
  15. Give me Liberty, or Give me more money!

Web Graphics - Hot Spotting Maps For Home Searches

Most of you that know me personally...understand my real secret to success in real estate is the Web. I host, design, and do all my own web designs and do all my own SEO and web placement. I really do nothing fancy, but concentrate on being very effective. I am currently designing a new web for Maryland. Ellen and I are now licensed as brokers in 3 states. Georgia, Maryland and Virginia. So my current project is to redesign the way I build my sites and improve the way it drives web traffic at every level.

If I start at a state level, I can drill down to a county, city, zip code and even subdivision level. Since the Internet is a visual and text medium, I like to try various methods for the drill down for information. Graphics can be a part of this, and I've toyed with Google maps, but wanted something more personalized. So for the last few months I've been toying with a drawing program called Smart Draw. It isn't cheap, but I really like it. I can design state maps, local counties, and even zip codes for some area. I can then do a hot spot to drive a search with a link that goes from the map to the MLS search.

Please keep in mind this is just a work in progress. If you click on each county, it drives a search to that County. Let me know what you think! (Artwork is Copyright Jim Crawford 2008)

HOT SPOTTED MAP Please click map to check on site.****

Maryland Real Estate Information and Resources