CRUCIAL INFORMATION for SAINT SIMONS ISLAND and GLYNN COUNTY Georgia REAL ESTATE INVESTORS ~ PUBLISHED MONTHLY
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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.
FEBRUARY 2009
FREE REPORT! BATTLING UNFAIR PROPERTY TAXES ... In a
time when property values are dropping like never before, it may be shocking to learn
that the tax assessor can pin you with last year's value and, unless you take action
before April 1, you will have no right ... 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 ... This report tracks Glynn County residential real estate
units sold from January 2004 through January 2009. Monthly statistics are broken
into 10 geographic area within the county for analysis. ... READ THE REPORT
MARKET CONDITIONS ... Years Supply of Inventory (YSL) is a good
indicator of market conditions. This report tracks the ratio of sales to inventory,
pinpointing opportunities within 10 Glynn County regions ...READ THE REPORT
WARRANTY DEEDS ... The following are Glynn County warranty deeds
filed for the month of January 2009. These are filed after real estate transactions and
include the name of the seller (grantor), buyer (grantee), property description, price
and other information ... READ THE REPORT
FORECLOSURE DEEDS ... Glynn County foreclosures settled a bit
during January 2009 with 25 filed versus 44 filed in December 2008. The number is
still dramatically higher than the historical monthly norm of 9 during the years 2005
through 2007 ... READ THE REPORT
FOR YOUR CONSIDERATION
PRICE REDUCTIONS & FORECLOSURES ... 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
THE A-LIST ... Finding a good painter, electrician or other home service provider
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 STORIES
Pending Home Sales Show Healthy Gain ... WASHINGTON,
February 03, 2009. Pending home sales increased as more buyers took advantage of
improved affordability conditions, according to the National Association of Realtors®.
Big gains in the South and Midwest offset ... READ THE ENTIRE ARTICLE
Glynn Feeling Budget Crunch ... however, property tax collections,
the county's major source of revenue, do not show a problem according to County
Finance Director Phyllis McNicoll ... Reprinted from the ISLANDER ... Out of town
and multiple property owners, DO NOT MISS THIS ARTICLE!
GLYNN COUNTY COMMISSION ... makes final decisions on land
use matters for Glynn County. This issue includes decisions made by the commission
at their public meetings on January 15, 2009 and February 5, 2009 ... MORE
ISLAND PLANNING COMMISSION ... reviews preliminary
subdivision plats, site plans, rezonings, and other land use matters for the Islands.
This issue includes decisions made at their Jan. 13 & 20 public meetings ... MORE
MAINLAND PLANNING COMMISSION ...reviews preliminary
subdivision plats, site plans, rezonings, and other land use matters for the Mainland.
This report covers decisions made at their Jan. 27 and Feb. 3 public meetings ...MORE
SPECIAL NOTES
CALL FOR ACTION! ... The National Association of Realtors has issued a
call for action to influence legislation on the pending economic stimulus plan. Here is
the text, a sample letter, addresses and email links for your consideration ... MORE
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