Upload
catheriner
View
336
Download
1
Embed Size (px)
DESCRIPTION
Citation preview
What is the local
housing market doing?
8/24/2012 4
LET’S TAKE A LOOK AT
THESE KEY AREAS
Down Payment
8/24/2012 8
Saving Up?
Being gifted?
9
Other Debt
Anything can happen!
Job Stability
8/24/2012 10
Happy workers! Secure jobs!
Family Considerations
11
We’ve only just begun …
2006 Atlanta Housing Market
8/24/2012 14
Examining Trends
8/24/2012
Case-Shiller Stats
8/24/2012
Metro Atlanta Projection
8/24/2012 18
Source: CNN Money
Market fundamentals
Median Family Income (First quarter 2012)
Median Home Price (First quarter 2012)
Change in Home Prices (From first quarter 2011 thru first quarter 2012)
Worst 1-Year Home Price Change (1980-2012) (2012:Q1)
Atlanta-Sandy Springs-Marietta, GA
Metropolitan Statistical Area
Forecast change: first quarter, 2012 – first quarter, 2013
Forecast change: first quarter, 2013 – first quarter, 2014
-1.4%
+8.2%
$65,000
$104,000
-17.4%
-17.4%
Now or Later?
8/24/2012 21
8/24/2012 23
Mortgage rates are at “sea level”!
In other words, they’re at an all time LOW!!