In the last weekend before the Christmas holiday, this is the weekend to pack in the shopping and the get those last minute gifts. Here are some great holiday related events to help with that shopping list.
Historic Westside Atlanta Condos
As of Monday, December 13, 2010, Russell New Urban Development LLC, the development arm of H.J. Russell and Company who is the developer of Historic Westside Village, in partnership with the Atlanta Development Authority (ADA), is currently speaking with Walmart about the goal of opening a new store in this West End Atlanta neighborhood. Where there was once a Publix that eventually closed its doors, the possibility of a Walmart opening in this space is good.
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That’s right! Buy a new, never lived in condo in Atlanta for $88,000 at Sky Lofts Atlanta! It’s a 1 bedroom, 1 bathroom Sky floorplan layout with the MLS#: 4147336. Featuring granite countertops, stainless steel appliances, garbage disposal, washer and dryer, hardwood floors, tiled bathroom with garden tub and more, this new 1 bedroom condo offers ownership of a new home for a very affordable price. The monthly payment can be as low as $551.48* a month. See agent for full details.
Here’s a current market update on behalf of Briggs Cline of Buckhead Home Loans:
Mortgage rates moved upward again last week, as Washington reduced some uncertainty from the markets, and economic optimism continued to gain some steam. The extension of the Bush-era tax brackets took one step closer to reality with an agreement between the Obama administration and Republicans. As with most actions that reduce economic uncertainty, money flowed out of bond markets to riskier stock markets. While little economic data was released last week, we continue to see a growing sense of optimism that the economy recovery is slowly gaining a firmer footing.
This week is an incredibly full week of economic data and events for markets to digest. Both the Producer and Consumer Prices Indices are due, along with Retail sales and a slew of other reports. The Fed also meets to discuss monetary policy. Many analysts are expecting a rather muted Fed meeting, but a few are predicting that the Fed will present a slightly more optimistic view of the economy in its announcements. If this comes to pass, we’ll see mortgage rates continuing upward.
Now is the time to buy at Vickery Condos! All remaining condos have been reduced to sell!
Home condo #404 was originally priced at $275,900 and is now being offered at $195,900. This is an $80,000 steal. Get it while you can.
This 2 bedroom, 2.5 bathroom condo plan offers single level living with secured building access and a maintenance-free lifestyle. The interior offers impressive finishes, hardwood floors, 10 ft. ceilings, 8 ft. doors, granite countertops, custom cabinetry, stainless steel appliances, a balcony with covered porch and so much more!
Here’s an interest rate update on behalf of Glenn Robinson of SunTrust Mortgage:
This has truly been a rollercoaster of a week as far as rates are concerned. Ultimately we saw little change, if any, from last Friday’s rate update. However, in the days in between, we saw quite a bit of movement. For example, on Wednesday, the 30 year fixed rate climbed as high a 4.625% but the increase was short lived. It would appear that investors were encouraged by some of the retail sales reports from last week, projected earnings by some of the blue chips and signs of recovery. Today’s unemployment numbers, expected to return 150,000 new jobs last month, came in at 39,000 new jobs spiking the unemployment rate to 9.8% from 9.4%. This appeared to bring investors back down to earth and reinforce that recovery from this economic downturn is not going to happen overnight.
The rates on this update are good for 60 days. Please understand that the rates for purchases and refinances can vary.
