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.
MARCH 2009
                                          INSIGHT

FREE REPORT! SHORT SALES MADE SIMPLE ... The topic of Short
Sales arouses much curiosity these days. A Short Sale is a negotiated agreement in
which the lender accepts less for a property that what is owed.  There is always a
hardship involved, and the most common causes ...
CONTINUE THE ARTICLE

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                          MONTHLY STATISTICS

TRANSACTIONS ... This report tracks Glynn County residential real estate
units sold from January 2004 through February 2009. A
NEW FEATURE shows
individual transaction details, photos, list price, sale price ...
 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 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 February 2009. These are filed after real estate transactions and
include the name of the seller (grantor), buyer (grantee), property description, price
and other information. A
NEW FEATURE shows a historical analysis of warranty
deed statistics from 2005 through 2009 ...
READ THE REPORT

FORECLOSURE DEEDS ... February was a busy month for Glynn County
foreclosures with 38 filed, the second highest monthly number in recent years. Only
December 2008 was higher with 44. The normal monthly
... 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

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 & COMMENTARY

Pending Home Sales Down but Housing Affordability
at Record ... WASHINGTON, March 3, 2009. Pending home sales declined on
the heels of a weakening economy and with some buyers waiting for clarity on
housing stimulus provisions, according to the National Association of Realtors®.
...  
READ THE ENTIRE ARTICLE


QUICK  TAKES: Employment and Mortgage Interest
Deduction Tweaks ...  The latest official job data from the Labor Department
is quite ugly. Net job cuts in January were 651,000. Over the past 12-months, 4.2
million jobs have been cut ...
READ THE ENTIRE ARTICLE


          LAND USE DECISIONS

GLYNN COUNTY COMMISSION ... makes final decisions on land
use matters for Glynn County. This issue includes land use decisions made at their
February 19, 2009 and March 5, 2009 public meetings
...  MORE

ISLANDS PLANNING COMMISSION ... reviews preliminary
subdivision plats, site plans, rezonings, and other land use matters for the Islands.
This issue includes decisions made at their February 17  public meeting ...
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 February 24 public meeting ...
MORE
the St Simons letter is published by Patrick Anderson & Associates, Inc. Copyright 2009. All rights reserved.
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