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.
APRIL 2009
FREE REPORT! MILLION $ SALES AN ENDANGERED
SPECIES ... by Patrick Anderson. St. Simons Island, GA. There are currently
185 residential listings priced at $1 million or more on the Golden Isles MLS. Can you
guess how many in that price range have sold during the last three months? ...
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 ... The March results show a welcome slowing in the decline
of unit transactions that began in fourth quarter 2005. While the numbers are still
dismal, similar results in the months ahead could signal ... READ THE REPORT A
NEW FEATURE shows individual transaction details, photos, list price, sale price
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 March 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 ... March was another busy month for Glynn
County foreclosures with 41 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 & ANALYSIS
Second Homes Market Analysis... March 31, 2009, by Paul Bishop,
Managing Director NAR Research . The purchase of a vacation home or a residential
investment property is influenced by many factors that are often different than the
motivations for the purchase of a primary residence. Especially during a period of weak
home sales and considerable ... READ THE ENTIRE ARTICLE
Gain Seen in Pending Home Sales ... Housing Affordability Sets
New Record. WASHINGTON, April 01, 2009. Pending home sales have edged up,
hinting at a possible pickup of sales activity in coming months, according to the
National Association of Realtors®. ... READ THE ENTIRE ARTICLE
QUICK TAKES: Mortgage Rates Average 4.85% ... March 30,
2009. By Lawrence Yun, NAR Chief Economist. The mortgage rates have fallen below
5 percent to their lowest point in roughly 50 years ... READ THE ENTIRE ARTICLE
GLYNN COUNTY COMMISSION ... makes final decisions on land use
matters for Glynn County. This issue includes land use decisions made at their March
19 and April 2, 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 March 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 March 17 called meeting and April 7regular
public meeting ... MORE
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More KILROY WAS HERE Click to Enlarge
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ST SIMONS ISLAND PHOTOS by Patrick Anderson Click to Enlarge
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