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Saturday, March 28, 2009

Prudential Georgia Realty’s Spring State-Of-The-Market Video Report Includes Future Seller’s Market Prediction

The newest report, highlighting the latest news and statistics about the metro Atlanta spring real estate market, is now available for free viewing at www.atlantarealestate2009.com. Other information can be downloaded from this site including an overview of the Obama administration’s Homeowner Affordability Plan, a link to the Financial Stability Plan website, updates on the State of Georgia plan for a home buyer tax credit and a new video on Prudential’s award-winning Advanced Property Marketing System for sellers.

This latest Atlanta Real Estate video installment offers details on national market conditions, the impact of the=2 0global financial crisis on real estate, an update on the metro Atlanta real estate market, and predictions for future trends. The video report includes the latest industry facts plus local “insight from the streets” of the real estate business.

The video is narrated by Prudential Georgia Realty President and CEO Dan Forsman, a recognized expert and frequent speaker about the Atlanta real estate market. He has been featured on 11 Alive News, Fox 5 Atlanta News, on CNBC’s Kudlow & Cramer, locally on 1160 AM business radio, and in numerous regional and national publications. For his vision and commitment to the real estate industry, Forsman was awarded Broker of the Year for all of North

America by Prudential Real Estate Affiliates, Inc.

In the message, Forsman candidly discusses the current over-supply of properties, the new homes bubble that has impacted Atlanta real estate, Atlanta foreclosure trends, Atlanta home value trends as well as the positive long-term trends that will impact future home values for Atlanta. This latest State of the Market message includes a message from U.S. Senator Johnny Isakson offering his thoughts on the housing market. Forsman sums it up with a bold prediction of a seller’s market returning to metro Atlanta. (Hint: it’s sooner than you might think.)

“The rules for investing in real estate have changed. It used to be location, location, location. Today, location is still important but now the timing of buying and selling are the keys to making money. Right now, there is a remarkable ‘window of opportunity’ to purchase residential real estate while prices are incredible, mortgage rates are historically low and long-term trends impacting future values are excellent,” says Dan Forsman. “These opportunities for investing are easy to see historically, but are often missed as they occur. From 2000 to 2008, real estate produced an average return of 72 percent while the stock market lost in that same time period. As we look forward, the window of opportunity is officially open – don’t miss it!”

Prudential Georgia Realty recognized, in 2007, that consumers were confused by the conflicting stories and sensationalist headlines about the state of the local real estate market. To inform the home-buying and selling public, Prudential Georgia Realty launched the Atlanta Real Estate video s eries in the Fall 2007, to provide consumers the real market facts and valuable insight for buyers and sellers. The Atlanta Real Estate video series continues to grow in popularity and has elevated Prudential Georgia Realty as the thought leader in the local real estate community.

For additional information, please contact Dan Forsman at dan@prudentialgeorgia.com or call Prudential Georgia Realty at 770-992-4100. Visit www.PrudentialGA.com to search ALL listings for Atlanta real estate, Atlanta new homes and Atlanta foreclosures. The powerful search tools allow you to search by city, zip code, neighborhood, school district, foreclosures, new home properties, new home communities, corporate-owned, bank-owned, rentals, lease purchases and by Google maps. Search in 13 different languages – powered by Immobel. See listings on Google Maps plus Microsoft Bird’s Eye views and Google street views. Now, search with your mobile phone device powered by SmarterAgent.
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