| CRUCIAL INFORMATION for SAINT SIMONS ISLAND and GLYNN COUNTY Georgia REAL ESTATE INVESTORS ~ PUBLISHED MONTHLY |
the ST SIMONS letter is a
monthly publication for
informed real estate investors
and other professionals
covering St Simons Island and
Glynn County, Georgia.
The letter compiles local real
estate statistics, critical news
items, relevant government
decisions and comprehensive
insight regarding the local
market.
the ST SIMONS letter is
available by subscription only
and delivered by email every
month. Articles and archives
may be accessed online at
www.StSimonsLetter.com.
monthly publication for
informed real estate investors
and other professionals
covering St Simons Island and
Glynn County, Georgia.
The letter compiles local real
estate statistics, critical news
items, relevant government
decisions and comprehensive
insight regarding the local
market.
the ST SIMONS letter is
available by subscription only
and delivered by email every
month. Articles and archives
may be accessed online at
www.StSimonsLetter.com.
JUNE 2009
FREE REPORT! ENCOURAGING SIGNS FOR ST SIMONS
REAL ESTATE ... by Patrick Anderson. They say it's always darkest before
the dawn. And trying to navigate the market during the last few months has been like
walking through the forest at night ... you never know what you're going to bump into.
But there are encouraging signs ... CONTINUE THE ARTICLE
MONTHLY STATISTICS
TRANSACTIONS ... May 2009 MLS residential unit sales were very
encouraging after April's sluggish performance. 55 transactions occurred in Glynn
County, the second largest month since September 2008. Island sales surged to a level
not seen since ... READ THE COMPLETE REPORT ... A SPECIAL FEATURE
shows individual transaction details, photos, list prices, sale prices, and more.
MARKET CONDITIONS ... Years Supply of Inventory (YSL) is a good
indicator of market conditions. This report tracks the ratio of sales to inventory,
pinpointing the best buying opportunities among 10 Glynn County regions ... READ
THE REPORT
WARRANTY DEEDS ... The following are Glynn County warranty deeds filed
for the month of May 2009. These are filed after real estate closings and include the
name of the seller, buyer, property description, price and other information. The report
features a historical analysis of warranty deed statistics from 2005 through 2009 ...
READ THE REPORT
FORECLOSURE DEEDS ... There were 36 foreclosure deeds filed in May
2009 (see individual details below), about average for the last four months. However,
the normal May average was 9 from 2005 through 2007, so the local market is not out
of the woods by any means. The good news is ... READ THE REPORT
FOR YOUR CONSIDERATION
PRICE REDUCTIONS & FORECLOSURE LISTINGS ... The
following MLS listed properties contain the words "reduced, reduction or foreclosure"
in their advertised remarks. Look here for real estate bargains in Glynn County ...
MORE
can be a challenge. The following businesses appear on the A-List only upon the
recommendation of a subscriber. They keep their spot only by providing ... MORE
NEWS & ANALYSIS
Arbitration a Good Strategy for Tax Appeals ... Local property
owners must have done a double take when the Brunswick News reported 23 parcels
were awarded tax cuts for 2008 by three arbitrators (see story below). The case was
brought by the ST SIMONS letter publisher Patrick Anderson on behalf of 20 owners of
property at Coast Cottages and ... READ THE ENTIRE ARTICLE
Pending Home Sales Up for Three Months in Row ...
Washington, June 2, 2009. Record low mortgage interest rates boosted pending home
sales for the third consecutive month, with some benefit now from the first-time buyer
tax credit, according to the National Association of Realtors® ... READ THE ENTIRE
ARTICLE
Distressed Real Estate ... May 28, 2009. Sales of distressed real estate--
foreclosures and short sales-- have ranged between 35 percent to almost 50 percent of
total Existing Home Sales in recent months. The feedback from Realtors® responding
to the ongoing ... READ THE ENTIRE ARTICLE
Quick Takes ... Rising Mortgage Rates, Future Federal Reserve Chairman,
Jobless Claims, Productivity ... find out what NAR's experts are saying about the
economy, the housing market and other factors impacting your business and your life
... READ THE ENTIRE ARTICLE
- INSIGHT
FREE REPORT! ENCOURAGING SIGNS FOR ST SIMONS
REAL ESTATE ... by Patrick Anderson. They say it's always darkest before
the dawn. And trying to navigate the market during the last few months has been like
walking through the forest at night ... you never know what you're going to bump into.
But there are encouraging signs ... CONTINUE THE ARTICLE
- Our INSIGHT article above is FREE! ... the reports below require a nominal
subscription: ONLY $1 per month for first three months, $5.00 per month
thereafter ... cancel anytime ... CLICK TO SUBSCRIBE
MONTHLY STATISTICS
TRANSACTIONS ... May 2009 MLS residential unit sales were very
encouraging after April's sluggish performance. 55 transactions occurred in Glynn
County, the second largest month since September 2008. Island sales surged to a level
not seen since ... READ THE COMPLETE REPORT ... A SPECIAL FEATURE
shows individual transaction details, photos, list prices, sale prices, and more.
MARKET CONDITIONS ... Years Supply of Inventory (YSL) is a good
indicator of market conditions. This report tracks the ratio of sales to inventory,
pinpointing the best buying opportunities among 10 Glynn County regions ... READ
THE REPORT
WARRANTY DEEDS ... The following are Glynn County warranty deeds filed
for the month of May 2009. These are filed after real estate closings and include the
name of the seller, buyer, property description, price and other information. The report
features a historical analysis of warranty deed statistics from 2005 through 2009 ...
READ THE REPORT
FORECLOSURE DEEDS ... There were 36 foreclosure deeds filed in May
2009 (see individual details below), about average for the last four months. However,
the normal May average was 9 from 2005 through 2007, so the local market is not out
of the woods by any means. The good news is ... READ THE REPORT
FOR YOUR CONSIDERATION
PRICE REDUCTIONS & FORECLOSURE LISTINGS ... The
following MLS listed properties contain the words "reduced, reduction or foreclosure"
in their advertised remarks. Look here for real estate bargains in Glynn County ...
MORE
can be a challenge. The following businesses appear on the A-List only upon the
recommendation of a subscriber. They keep their spot only by providing ... MORE
NEWS & ANALYSIS
Arbitration a Good Strategy for Tax Appeals ... Local property
owners must have done a double take when the Brunswick News reported 23 parcels
were awarded tax cuts for 2008 by three arbitrators (see story below). The case was
brought by the ST SIMONS letter publisher Patrick Anderson on behalf of 20 owners of
property at Coast Cottages and ... READ THE ENTIRE ARTICLE
Pending Home Sales Up for Three Months in Row ...
Washington, June 2, 2009. Record low mortgage interest rates boosted pending home
sales for the third consecutive month, with some benefit now from the first-time buyer
tax credit, according to the National Association of Realtors® ... READ THE ENTIRE
ARTICLE
Distressed Real Estate ... May 28, 2009. Sales of distressed real estate--
foreclosures and short sales-- have ranged between 35 percent to almost 50 percent of
total Existing Home Sales in recent months. The feedback from Realtors® responding
to the ongoing ... READ THE ENTIRE ARTICLE
Quick Takes ... Rising Mortgage Rates, Future Federal Reserve Chairman,
Jobless Claims, Productivity ... find out what NAR's experts are saying about the
economy, the housing market and other factors impacting your business and your life
... READ THE ENTIRE ARTICLE
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Archives Of Previous Issues |
RESOURCES
Brunswick News
Chamber of Commerce
Development Authority
Glynn Co Maps & Records
Glynn County Government
High Tides Guide
Islander
Maps & Directions
MLS Local Listings
Patrick Anderson & Assoc
PropSwapGlynn.com
Property Tax Relief
St Simons Photos
Visitors Bureau
Brunswick News
Chamber of Commerce
Development Authority
Glynn Co Maps & Records
Glynn County Government
High Tides Guide
Islander
Maps & Directions
MLS Local Listings
Patrick Anderson & Assoc
PropSwapGlynn.com
Property Tax Relief
St Simons Photos
Visitors Bureau
| PROPSWAPglynn.com for Real Estate Trades in St. Simons & Glynn County, GA |
| PROPSWAPatlanta.com for Real Estate Trades in Metro Atlanta, GA |
| PROPSWAPgoldcoast.com for Real Estate Trades in South Florida |
| ST SIMONS ISLAND PHOTOS by Patrick Anderson Click to Enlarge |
| CLICK HERE for assistance with your 2009 Property Tax Appeal |