What is the local

housing market doing?

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LET’S TAKE A LOOK AT

THESE KEY AREAS

Down Payment

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Saving Up?

Being gifted?

9

Other Debt

Anything can happen!

Job Stability

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Happy workers! Secure jobs!

Family Considerations

11

We’ve only just begun …

2006 Atlanta Housing Market

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Examining Trends

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Case-Shiller Stats

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Metro Atlanta Projection

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Source: CNN Money

Market fundamentals

Median Family Income (First quarter 2012)

Median Home Price (First quarter 2012)

Change in Home Prices (From first quarter 2011 thru first quarter 2012)

Worst 1-Year Home Price Change (1980-2012) (2012:Q1)

Atlanta-Sandy Springs-Marietta, GA

Metropolitan Statistical Area

Forecast change: first quarter, 2012 – first quarter, 2013

Forecast change: first quarter, 2013 – first quarter, 2014

-1.4%

+8.2%

$65,000

$104,000

-17.4%

-17.4%

Now or Later?

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Mortgage rates are at “sea level”!

In other words, they’re at an all time LOW!!