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        <title>Real Estate Blog, Augusta, Martinez, Evans, GA, Georgia, Ft Gordon, Christine May</title>
        <link>http://www.augustahomestore.com/blog/tags/christine-may/</link>
        <description>Christine &amp; Drew May Real Estate blog for Augusta Martinez Evans Ft Gordon Georgia</description>
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            <guid>http://www.augustahomestore.com/blog/market-conditions-in-augusta-martinez-evans-fort-gordon-ga.html</guid>
            <link>http://www.augustahomestore.com/blog/market-conditions-in-augusta-martinez-evans-fort-gordon-ga.html</link>
            <author>broker@augustahomestore.com (Christine May)</author>
            <title>Market Conditions in Augusta, Martinez, Evans, Fort Gordon GA</title>
            <description> <![CDATA[ 

Market Conditions in 2011 for Augusta, Martinez, Evans, Grovetown, Fort Gordon GA Going into 2011 in the Greater Augusta market comes with restrained optimism.  Rising interest rates could dampen housing demand but the last couple years have been flat in overall sales transaction volume in the area.  


The new construction sales have been strong as more new players enter the market mainly from the Atlanta area.  Several local builders have also adjusted floor plans, suppliers and designs to be more competitive.  One of the newest players in the Greater Augusta area is Wilson Parker.  As a direct competitor to Crown Communities, they are making a stand in over six subdivisions.  Growth in Grovetown, GA which is very near Ft Gordon continues with brand new subdivisions and strong competition for market share among builders.  Generally land prices are lower in this are area compared to Evans and Martinez contributing to lower overall prices per square foot.   


The resale market continues to be challenging as large new construction homes sell at amazingly low prices.  Existing home owners wanting to sell must remain in the home, rent them out or be able to sell at competitive prices.  Sellers that find themselves in a difficult financial bind should call us to discuss possible options including rental management or possibly offering the home as a short sale.  Short sales are becoming increasingly necessary to deal with the economic reality in real estate today.          


In addition, “REO” or bank owned homes also compete for home buyers’attention around Augusta GA.  Potentially, additional foreclosed homes entering the market could push resale prices lower.  Many of these homes require special financing programs or cash to buy them due to physical condition.  The can be great values however it is best to work with an experienced real estate professional to avoid frustration and get the best deal possible. 


As always, you can contact Drew &amp; Christine May for all your real estate needs in the Augusta area.  For straight answers and to deal with full time professionals, call 706-869-9478 today!     

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            <pubDate>Thu, 03 Mar 2011 10:56:02 -0600</pubDate>
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            <guid>http://www.augustahomestore.com/blog/builder-wars-begin-in-ft-gordon-grovetown-georgia-area.html</guid>
            <link>http://www.augustahomestore.com/blog/builder-wars-begin-in-ft-gordon-grovetown-georgia-area.html</link>
            <author>broker@augustahomestore.com (Christine May)</author>
            <title>"Builder Wars" begin in FT Gordon &amp; Grovetown, Georgia Area</title>
            <description> <![CDATA[ 
&quot;Builder Wars&quot; begin in FT Gordon &amp; Grovetown, Georgia Area



While Animal Planet's Whale Wars take place in the icy Antarctic waters, the builder wars are just getting heated up in Grovetown and the Augusta area overall!

Since the arrival of Crown Communities&nbsp;a.k.a. Pillon Communities about 18 months ago in Augusta our real estate market has seen dramatic changes. While Crown captured a lion's share of the new construction business, it didn't go unnoticed. Local builders have adjusted construction methods and pricing while more &quot;out of town&quot; builders mainly from the Atlanta market have arrived on the scene. It's been very interesting to watch and the competition continues to increase especially in the Grovetown area targetiing the lucrative FT Gordon VA buyers.

Word on the street has Crown seeing less traffic in their neighborhoods and the pressure to sell homes is increasing on site agents. Crown builders came in real strong at the beginning but Augusta is in fact a small market where word travels fast among real estate professionals. The continual sales site turnover also includes some quality, household name REALTORS who without apparent cause are suddenly being removed from Crown sites and replaced with less capable ones. In addition they are offering a 5% buyer's agent commission on some existing inventory while the norm is often 3%.&nbsp; This is clearly a sign that they want quick sales results and move stagnant inventory by buying traffic from buyer agents.

JR Homes of Alabama is doing well in Grovetown with a sold-out phase 1 in Indian Springs and phase 2 well under way and selling craftsman style homes at a great price. In Reynolds Pond, also in the heart of Grovetown sales are doing well.&nbsp; JR Homes had purchased the lots from the local builder Joey Brush.&nbsp; Also in Grovetown, Crown has had very good success in Pamir Place selling well in the upper 130's to 170's range. Soon, Crown will also be launching a new Grovetown neighborhood at Chamblin Road and Wrightsboro Road. 

A number of other builders are heavily targeting the Grovetown military market and additional home sites are under development all around the Grovetown area.&nbsp; The latest player, Wilson Parker Homes based in Atlanta is a killer whale sized company that could be a game changer for Greater Augusta.&nbsp; Currently Wilson Parker Homes is building in 3 states and offering almost 3 times the number of floor plans as Crown.&nbsp;&nbsp;Rumors are they&nbsp;have purchased many local lots already and building dozens of homes.&nbsp;&nbsp;&nbsp;&nbsp; 

Grovetown currently has 240 new construction homes for sale in the Augusta MLS.&nbsp; Statistics show they have been on the market an average of 4.86 months and average $80.00 per SF.&nbsp; Considering the additional homes about to be built, 2011 will be a very interesting year.&nbsp; Some new homes have been sitting on the ground vacant for 2 years and&nbsp;are offered for sale! The real question is whether there will be enough demand from buyers to absorb all the upcoming new inventory.&nbsp;&nbsp; 

How will this&nbsp;effect existing resale home&nbsp;values as we move forward?

Many questions...............few answers............stay tuned!
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            <pubDate>Thu, 02 Sep 2010 07:49:18 -0500</pubDate>
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            <guid>http://www.augustahomestore.com/blog/build-on-your-own-land-lot-or-home-site-super-value-building-now-outside-a-subdivision.html</guid>
            <link>http://www.augustahomestore.com/blog/build-on-your-own-land-lot-or-home-site-super-value-building-now-outside-a-subdivision.html</link>
            <author>broker@augustahomestore.com (Christine May)</author>
            <title>Build on your own land lot or home site! Super value building now OUTSIDE a subdivision!</title>
            <description> <![CDATA[ Build on your own land lot or home site!&nbsp; 
Have you shopped for a new construction home lately?&nbsp; Have you started noticing how close the houses are together?&nbsp; How small the yards are?&nbsp; How many homes back right to another house? How small the lots really are?&nbsp; Where did all the trees go?&nbsp;&nbsp; Years ago the lots were 1/3 to even &frac12; acre  with beautiful trees.&nbsp; Most of the homes were brick and many had rocking chair porches.&nbsp; Did large lots, country porches and trees go out of style?&nbsp; Why is no-one buying them?&nbsp; The answer is  its just not out there&hellip; It makes you wonder why.&nbsp; 
The prices of homes most certainly have not come down compared to 10-20 years ago.&nbsp; As long consumers are buying NEW homes on small lots  the developers will continue &ldquo;optimizing the land&rdquo; (optimizing for whom?... most certainly not the consumer).&nbsp;There are a few very special large lots and even acreage land, with trees, scattered throughout Martinez, Evans, Grovetown, Harlem, Thomson, Dearing, Hephzibah, Lincolnton!&nbsp; &nbsp;You may even own your own land and have tried to find a quality construction builder who will build your new dream home at a reasonable price.&nbsp; You may have even started calling around just to find out that most of the inexpensive, value builders do not build outside their subdivisions. Why am I writing all this?&nbsp;&nbsp; Because I know how you feel!&nbsp; I have heard the same requests for years and years.&nbsp; I have been searching for the answer and finally found it!&nbsp;&nbsp; &nbsp;We can offer you an incredibly high quality NEW home built on YOUR lot at a price you did not think possible!&nbsp; If you dont own land, we help you find it.&nbsp; I have already identified a good selection of building sites all around the CSRA for your consideration.&nbsp; 
Interest rates are at an all time low!&nbsp; Now is the time to buy and building a home is affordable!&nbsp; Don't wait until interest rates go up again. 
&nbsp;Call Christine May at 706-869-9478 for details today.  ]]> </description>
            <pubDate>Tue, 06 Jul 2010 08:57:48 -0500</pubDate>
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            <guid>http://www.augustahomestore.com/blog/update-on-wade-plantation-seller-distress-sale.html</guid>
            <link>http://www.augustahomestore.com/blog/update-on-wade-plantation-seller-distress-sale.html</link>
            <author>broker@augustahomestore.com (Christine May)</author>
            <title>Update on Wade Plantation Martinez GA Seller Distress Sale</title>
            <description> <![CDATA[ 
I'm sure you may be wondering what happened to our distressed seller at Wade Plantation in Martinez GA.&nbsp;&nbsp;&nbsp;&nbsp;After putting out the blog and entering this home in the MLS, the interest was incredible.&nbsp; Buyers and agents came out of the woodwork&nbsp; - many new inquiries and some buyers that we had not heard from in many months.&nbsp;&nbsp; After sending out about 300 e-mails as well as bulletins in the MLS and other marketing methods, we ended up with three solid written offers at the end of the first day on the market&nbsp; and 2 verbal offers. Many more buyers who had not acted quickly were remorseful that they had not jumped on this opportunity to have instant equity in a great neighborhood.

In the end, the winning offer was well above the list price.&nbsp;&nbsp;&nbsp; This is a good example of an experienced agent guiding their client to get what they wanted, many thanks to Rick Frerichs!&nbsp; &nbsp;Adding unnecessary contingencies, delayed inspections , missing pre-approval letters causes buyers to miss out on the super deals.&nbsp; Also the ones that had to think about it for a day or two or three totally missed the boat.&nbsp; It's all about getting the real deal,&nbsp; getting it quick and not playing a game.&nbsp;&nbsp; Everyone is looking for a bargain, however the smart buyer does not care about the &quot;list price&quot;, only the value and equity in the property.&nbsp; &nbsp;We wish to thank all of of you for spreading the word and turning this into a &quot;win-win&quot; situation where the buyer gets a GREAT deal - while helping the seller move on with their life with one thing less to worry about, avoiding&nbsp; a foreclosure, and have a new beginning that she so desperately deserves.&nbsp; 

We'll&nbsp; keep you posted as the closing has not taken place yet and it's not over till it's over. The inspection is done, the loan process is going well, so we&nbsp; expect everything will fall in place.&nbsp;Looking for a good deal?&nbsp; Give me a call anytime to get on the notification hot list! &nbsp;Home Owners: Are you having a hard time keeping up your mortgage payments payments?&nbsp; Don't wait for your mortgage company to foreclosure and&nbsp; ruin your credit!&nbsp; You have options!&nbsp; Call me to schedule a confidential consultation.&nbsp; 
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            <pubDate>Sun, 28 Jun 2009 20:38:59 -0500</pubDate>
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