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, relevant 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.
May 2014
                                           
                                               INSIGHT

    Final issue of StSimonsLetter.com  ... by Patrick
    Anderson ... This newsletter was first published in August 2008 during a
    very scary time in real estate. Sea Island Company had just announced
    they were laying off 400 employees. Real estate values were plunging.
    Foreclosures were rising. And the stock market was making us sick to
    our stomachs after the Dow dropped from 14,000 to ...  MORE

                            TRANSACTION CENTER

RESIDENTIAL TRANSACTIONS ... Glynn County unit sales decreased
marginally in April 2014, but residual MLS reporting will probably bring unit sales to
even or above when compared with April 2013. However, the total dollars were down
over $5.7 million or minus ...
  SEE REPORT  This comprehensive MLS based report
shows historical sales data, individual transaction details, photos, list prices, sale
prices, analysis, and more.

MARKET CONDITIONS ... The Years Supply of Listings (YSL) stayed
almost the same at 1.08 on slightly higher listings and slightly higher unit sales versus
last month's report. Over the past 3.5 years, YL has declned steadily from 3.02 on July 1,
2009 to as low as
... READ THE REPORT  This report will help you time the real
estate recovery and target geographic areas with the most negotiable prices.

WARRANTY DEEDS ... There were 185 warranty deeds filed in Glynn County
during March 2014. Warranty Deed reports come from the court house records and
include property sales not picked up on our MLS based Residential Transactions report

...  
VIEW THE REPORT This Public Records based report shows seller, buyer, deed
reference, price and property descriptions for each of last month's real estate sales. This
is essential reading for a complete understanding of last month's transactions.

                            FORECLOSURE CENTER

FORECLOSURE AD TRACKER (PRE-FORECLOSURES) ... We have 40
new foreclosure ads posted on our easy-to-read report for the June 3 auction in Glynn
County ...
 VIEW THE REPORT  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 ads appear.

FORECLOSURE DEEDS  (RECENT FORECLOSURES) ... Lenders filed 26
foreclosure deeds during March 2014, a 55% drop from March 2013. The first quarter
2014 was down 59% when compared with 1Q 2013 . Foreclosure filings have been
dropping consistently for the past year
... VIEW THE REPORT  Watch this report to
see names, deed references and locations of properties that have recently been
foreclosed. Most will eventually end up on the Foreclosures for Sale report below.

FORECLOSURES FOR SALE (LISTED BY REALTORS®) ... The following
MLS listed properties are for sale and 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 4000 properties listed here. The area's most
comprehensive site for real estate searches.

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  300+  properties listed.

PUBLIC PROPERTY RECORDS ... This Glynn County GIS website is
an indispensable source for studying comparable sales data. Search by owner name,
address, parcel number, neighborhood, map location, and more.
CLICK TO SEARCH  
Great tool for studying whether your property is assessed at fair market value. NOTE:
ignore the login screen for most search functions.

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
Over 100 local vendor listings here.

                                   NEWS ITEMS

All-cash sales up ~ distressed & investor sales down ...  
from  Realtor.org ... Analysis of data collected for the Realtors® Confidence Index
shows the market share of all-cash purchases is on the rise, despite declines in
distressed sales and investor activity, according to the National Association of
...  MORE

Mortgage rates continue downward slide ... from DSNews.com
...
Despite performing far better than anticipated, April jobs numbers weren't enough to
prop up fixed mortgage rates this week, market reports show. In its Primary Mortgage
Market Survey, Freddie Mac clocked the 30-year fixed-rate mortgage  
...  FULL STORY

Economists outlook blog ... from Realtor.org. Get your daily dose of
information on economic data, real estate trends and market conditions in NAR's new
Economists' Outlook Blog.  A full menu of information for the real estate data junkie.
Updated daily
... ACCESS THE BLOG
StSimonsLetter.com delivers crucial real estate
information to your INBOX every month.

Archives
Of Previous Issues
StSimonsLetter.com is published by Patrick Anderson & Associates, Inc.
Copyright 2014. All rights reserved.
For further information contact
Info@PatrickAnderson.net
CLICK FOR MORE for More St Simons Photos
ST SIMONS ISLAND PHOTOS by Patrick Anderson
Click to Enlarge
Follow stsimonsletter on Twitter
Thank you for supporting us in our SIXTH YEAR OF PUBLICATION!
recent KILROY WAS HERE cartoons
CLICK FOR MORE   KILROY WAS HERE cartoons

REAL
ESTATE
TV




Blood sucking
vampire realtor ...
funny stuff
For memories that  will last a lifetime!
Exceptional real estate services