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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
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April 2010
                                           
                                              INSIGHT

Free Report! Beach Sales Heating Up!  ...   by Patrick Anderson,
Publisher.  Real estate sales along St. Simons' beach front are surging with REO (bank
owned) properties leading the way. Lenders are finally dropping prices low enough to
entice offers from cash rich buyers. Two super luxury homes on East beach have sold in
the past two months, one for ... CONTINUE THE ARTICLE

    Our INSIGHT article above is FREE! ... the reports below require a nominal
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                       TRANSACTION CENTER

TRANSACTIONS ... March 2010 unit sales rose a respectable 12% over March
2009, while Glynn County dollar volume jumped up 57%. All of the dollar increase
occurred on the Islands where volume increased a whopping 144%. Three St. Simons
Island beach sales fired up the ...  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 number of listings dropped by 136 and the
trailing 12-months sales improved slightly, resulting in a 2.04 Years Supply of Listings
(YSL) for Glynn County. This is the lowest YSL since October 2008 and is another
signal of an improving market. ... 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 March 2010. There were 166 warranty deeds, up 29% from March
2009, a good sign, but still down 24% from ...  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 ... Two high dollar
Sea Island properties are among this month's foreclosure ads as well as the property
occupied by the popular  ...  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 March 2010.There were 52 deeds filed, 27% more than in
March 2009. We believe foreclosures will ... 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 have
been tagged as "foreclosure properties" ... 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, subdivision, size and many more
criteria ... CLICK HERE TO SEARCH Over 4200 properties listed here.

PRICE REDUCTIONS ... The following MLS listed properties are tagged as
reductions, foreclosures or short sales. Organized by area and price. Look here for real
estate bargains in Glynn County ... MORE 239 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
105 approved vendor listings here.

                               NEWS CENTER

Vacation-Home Sales Up in 2009 ... by NAR. Vacation-home sales
recovered in 2009 while investment sales fell sharply, according to the National
Association of Realtors®. Vacation-home sales rose 7.9 percent to 553,000 last year
from 513,000 in 2008, while investment-home sales fell ... READ THE ARTICLE

Existing-Home Sales Ease with Mixed Conditions  ...
by N.A.R. Existing-home sales declined slightly in February, with modest gains in the
Northeast and Midwest offset by softer sales in the South and West, according to the
National Association of Realtors®. ...  READ THE ARTICLE

Pending Home Sales Show Healthy Gain ... by NAR. Pending
home sales rose in February, potentially signaling a second surge of home sales in
response to the home buyer tax credit, according to the National Association of
Realtors® ... READ THE REPORT
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