the ST SIMONS letter ~July 2010 ~ Info for Glynn Co real estate investors

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.

July 2010

INSIGHT

Free Report!

sland sales making strong comeback

...

by Patrick Anderson,

Publisher

Residential real estate sales on St. Simons,

Jekyll and Sea Island have increased in each of the past 12 months (compared

to the same month, previous year). Mainland unit sales have increased

in 9 of

the past 12 months, but to a lesser extent. There's little doubt that Glynn

County is seeing an early stage real ...

EAD

THE

ENTIRE

ARTICLE

Our INSIGHT article above is FREE! ... the reports below require

nominal

subscription

ONLY $1 per month for first three months

$5.00 per month

thereafter ... cancel anytime ...

CLICK TO SUBSCRIBE

                         TRANSACTION CENTER

TRANSACTIONS ... The table below shows month-to-month residential unit
sales for each geographic area of Glynn County. June 2010 residential unit sales rose
19% over June 2009, while Glynn County dollar volume increased by 18%. Mainland
dollar volume was down 9% while Islands ... READ THE COMPLETE REPORT
This MLS based report shows historical sales data, individual transaction details,
photos, list prices, sale prices, and more.

MARKET CONDITIONS ... Inventory balance has improved dramatically in
the past year, from 3.01 Years Supply of Listings (YSL) on July 1, 2009 to 2.04 on July 1,
2010. This is an encouraging sign and another indicator of early stage market recovery.
During the same period, Islands YSL has dropped from ... 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 Glynn County warranty deeds were
filed during the month of June 2010. There were 192 warranty deeds filed for the
month, up 20% from June ... 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 ... There are 103
new foreclosure ads appearing in The Brunswick News in July, scheduled for auction on
August 3. This is the lowest monthly total in six months. We'll be watching to see
whether this is the beginning of a downward trend in ... VIEW THE R EPORT This
report will keep you from going blind reading the foreclosure ads in the local paper.
Follow us on Twitter or Facebook (at left) for immediate notification when new
foreclosure ads appear in our report.

FORECLOSURE DEEDS ... The following are foreclosure deeds filed for
the month of June 2010. Glynn County blasted its previous quarterly record for
foreclosure deeds with 209 foreclosure deeds filed in the second quarter of 2010. That's
a 36% increase over first quarter 2010, the previous record ... VIEW THE REPORT
Watch this report to see which foreclosure ads actually result in foreclosure. Not all 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, FORECLOSURES & SHORT
SALES ... The following MLS listed properties are organized in three categories:
reductions, foreclosures and short sales. Each category is organized by area and price.
Look here for real estate bargains in Glynn County ... MORE 298 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
110 approved vendor listings here.

                                 NEWS CENTER

O ld Stables corner to be preserved ... The corner of Frederica and
Sea Island roads, where the old Sea Island Stables stood for more than 50 years, is now
under contract as a conservation project of the St. Simons Land Trust. This 2.3-acre
parcel, part of a larger commercial tract, was approved by the ... READ THE ARTICLE

P ending home sales drop as expected ... by N.A.R. Following a
surge driven by the home buyer tax credit, pending home sales fell with the expiration
of the deadline for qualified buyers to sign a purchase contract, according to the
National Association of Realtors®. ... READ THE ARTICLE

H ousing & economic indicators ... by NAR. Housing and economic
indicators provide real estate professionals with tools to interpret the market and apply
that knowledge to their business. In addition to NAR’s own existing-home sales series,
NAR Research monitors other indicators such as new ... READ THE REPORT

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