www . StSimonsLetter. com
CRUCIAL INFORMATION for SAINT SIMONS ISLAND and GLYNN COUNTY Georgia
REAL ESTATE INVESTORS ~ PUBLISHED MONTHLY
StSimonsLetter.com 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, and comprehensive
insight regarding the local
market. It is Glynn County's
most important real estate
publication.

StSimonsLetter.com is
available by subscription only
and delivered by email every
month.
January 2010
                                           
                                              INSIGHT

Free Report! CAUTION: Now Entering the No-Spin Zone
for Glynn County Real Estate  ...  by Patrick Anderson, Publisher of StSimonsLetter.com.
For three years Glynn County real estate has been free-falling like a skydiver without a
rip cord. This article does not paint a pretty picture. Yet even in the midst of record
foreclosures, plummeting prices, and historically dismal sales activity, there IS some
good news to report. ... 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


    


                      
                             TRANSACTION CENTER

TRANSACTIONS ... December unit sales rose sharply last month, running 39%
ahead of November's total. The strong year end finish is encouraging and may signal the
early phase of recovery in Glynn County. Five of the last six months showed ...  READ
THE COMPLETE REPORT This MLS based report shows historical sales data,
individual transaction details, photos, list prices, sale prices, and more.

MARKET CONDITIONS ... The Years Supply of Listings (YSL) for Glynn
County improved dramatically from 2.81 to 2.40 years supply on the strength of
expiring listings and stronger unit sales. We're cautiously optimistic that the last five
months improvement may indicate. ... READ THE REPORT This report will help you
time the real estate recovery and target geographic areas with the most negotiable
prices.

WARRANTY DEEDS ... The following are Glynn County warranty deeds filed
for the month of December 2009. There were 223 warranty deeds, the highest monthly
number in two years. The past five months have shown consistent ...  READ THE
REPORT This Public Records based report shows seller, buyer, price and property
descriptions for each of last month's real estate sales. It is essential reading for a
complete understanding of last month's transactions.

                           FORECLOSURE CENTER

Now in Excel! FORECLOSURE AD TRACKER ... January brings us
94 new foreclosure ads published in The Brunswick News. The most significant is the
pending foreclosure of over 800 acres in North Glynn County owned by Steamboat City
Development company. This summary is easy to read, and NOW available as an Excel
file!  VIEW THE REPORT Save your eyesight! This report will keep you from going
blind reading the foreclosure ads in the local paper.

FORECLOSURE DEEDS ... The following are Glynn County foreclosure
deeds filed for the month of December 2009.There were 61 deeds filed, the largest
monthly number in at least five years. Comparing the number of ... VIEW THE
REPORT Watch this report to see which foreclosure ads actually result in foreclosure.
Not all of them do!

FORECLOSURE LISTINGS ... The following MLS listed properties contain
the words "foreclosure or REO" in their advertised remarks ... VIEW THE REPORT This
is considered the area's best resource for immediate foreclosure purchase opportunities.

                               SEARCH CENTER

LOCAL MLS LISTINGS ... This feature lets you search St. Simons Island
and Glynn County MLS Listings in four categories: Residential, Land, Commercial and
For Rent. You can further refine your search by price and size ... CLICK HERE TO
SEARCH Over 4700 properties listed here.

PRICE REDUCTIONS ... The following MLS listed properties contain the
words "reduced or foreclosure" in their advertised remarks. Look here for real estate
bargains in Glynn County ... MORE 154 properties listed here.

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
98 approved vendor listings here.

                               NEWS CENTER

Pending Home Sales Down from Surge, but Up from
Year Ago ... Contract activity for pending home sales fell after a surge of activity in
preceding months to beat the original deadline for the first-time home buyer tax credit
but remains comfortably above a year ago, according to the National Association of
Realtors® ...  READ THE REPORT

Understanding the Job Market ... By Lawrence Yun, NAR Chief  Economist. The
job market still struggles despite recent respectable gains in production. A net 85,000
jobs were lost, according to the company survey in December. Companies coming out of
a recession push their existing workers to do ... READ THE REPORT

Realtors' Commentary ... This fascinating report from NAR includes
insightful comments from Realtors around the country. i.e., "The upper bracket is a
very tough market and sellers for some reason do not want to accept the reality that
their home is closer in worth to 2003. ... READ THE ARTICLE
ONLY $1 per month for first
three months, $5 per month
thereafter ... cancel anytime.
StSimonsLetter.com delivers crucial real estate information to your
INBOX every month. ONLY $1 per month for the first three months,
$5 per month thereafter ... cancel anytime.

Archives
Of Previous Issues
StSimonsLetter.com is published by Patrick Anderson & Associates, Inc.
Copyright 2010. All rights reserved.
For further information contact
Info@PatrickAnderson.net
CLICK HERE for Even More St Simons Photos
More KILROY WAS HERE Click to Enlarge
ST SIMONS ISLAND PHOTOS by Patrick Anderson
Click to Enlarge



THIS SPACE AVAILABLE


CLICK HERE
to Advertise Your Business on
StSimonsLetter.com
New Feature!
REALTOR TV





Lawrence Yun, Chief
Economist for National
Association of Realtors
speaks about today's most
urgent real estate issues.
StSimonsLetter on Facebook
Merchant Services
CLICK for Sales & Rental Info
StSimonsRent.com
PINPOINTING ST SIMONS'
FINEST VACATION RENTALS
    News Flash! LUXURY CONDOS REDUCED BELOW LAND COST! ...
    The lender completed the foreclosure process and immediately put these luxury condo units
    back on the market. You will not believe the new prices! Below is a table showing the original
    pre-construction pricing with the new pricing ... CONTINUE THE ARTICLE