| 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.
MAY 2009
FREE REPORT! TAX ASSESSOR STUCK ON OLD VALUES ...
by Patrick Anderson. Recently the Brunswick News published an article entitled
"County expects shortfall" reporting that local tax revenues are declining. This is not
surprising given the current economic conditions. However, there is a remarkable
statement in the article that asserts: "property tax collections remain strong!" ...
CONTINUE THE ARTICLE
MONTHLY STATISTICS
TRANSACTIONS ... After encouraging progress in March, Glynn County MLS
residential transactions dropped in April to a new low with only 28 MLS transactions
during the month. However, when March and April are taken together, units sold were
still significantly stronger than ... READ THE REPORT ... A SPECIAL 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 April 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 34 foreclosure deeds filed in April
2009 (see individual details below), about average for the last six months. However,
the normal April average was 12 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
Pending Home Sales Rise ... Washington, May 04, 2009. Pending home
sales rose with many first-time buyers taking advantage of historically good housing
affordability conditions, according to the National Association of Realtors®. ... READ
THE ENTIRE ARTICLE
Jumbo Loans ... May 1, 2009, By Jed Smith, Managing Director, Quantitative
Research,National Association of Realtors. In recent months the availability of jumbo
loans has decreased while the interest rate spread between jumbo rates and ten-year
treasuries has widened. These developments are ... READ THE ENTIRE ARTICLE
Sticky Local Property Tax ... May 1, 2009, By Lawrence Yun, Chief
Economist, National Association of Realtors. Home prices have fallen in most parts of
the country. However, tax assessors have been slow (or do not want) to recognize the
dramatic shift in home values ... READ THE ENTIRE ARTICLE
Liberty Harbor Facing Second Lawsuit ... April 27, 2009, By
Matthew J. Permar. REPRINTED FROM THE ISLANDER. When William and Marilyn
Hall drove down to Brunswick from their home in Mt. Airy, Maryland they were, in all
likelihood, excited because they were coming to ... 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 April 16
and May 7, 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 April 21 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 May 5 regular public meeting ... MORE
- INSIGHT
FREE REPORT! TAX ASSESSOR STUCK ON OLD VALUES ...
by Patrick Anderson. Recently the Brunswick News published an article entitled
"County expects shortfall" reporting that local tax revenues are declining. This is not
surprising given the current economic conditions. However, there is a remarkable
statement in the article that asserts: "property tax collections remain strong!" ...
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 ... After encouraging progress in March, Glynn County MLS
residential transactions dropped in April to a new low with only 28 MLS transactions
during the month. However, when March and April are taken together, units sold were
still significantly stronger than ... READ THE REPORT ... A SPECIAL 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 April 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 34 foreclosure deeds filed in April
2009 (see individual details below), about average for the last six months. However,
the normal April average was 12 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
Pending Home Sales Rise ... Washington, May 04, 2009. Pending home
sales rose with many first-time buyers taking advantage of historically good housing
affordability conditions, according to the National Association of Realtors®. ... READ
THE ENTIRE ARTICLE
Jumbo Loans ... May 1, 2009, By Jed Smith, Managing Director, Quantitative
Research,National Association of Realtors. In recent months the availability of jumbo
loans has decreased while the interest rate spread between jumbo rates and ten-year
treasuries has widened. These developments are ... READ THE ENTIRE ARTICLE
Sticky Local Property Tax ... May 1, 2009, By Lawrence Yun, Chief
Economist, National Association of Realtors. Home prices have fallen in most parts of
the country. However, tax assessors have been slow (or do not want) to recognize the
dramatic shift in home values ... READ THE ENTIRE ARTICLE
Liberty Harbor Facing Second Lawsuit ... April 27, 2009, By
Matthew J. Permar. REPRINTED FROM THE ISLANDER. When William and Marilyn
Hall drove down to Brunswick from their home in Mt. Airy, Maryland they were, in all
likelihood, excited because they were coming to ... 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 April 16
and May 7, 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 April 21 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 May 5 regular public meeting ... MORE
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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 |
