"Happy New Year"

The entire Mark Spain Team wishes you a very Happy and Prosperous New Year.

www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Real Estate News
Mortgage Rates Retreat Slightly This Week: Reports
Long-term fixed mortgage interest rates fell back this week, breaking a six-week streak of steep increases. Data released by Freddie Mac Thursday showed rates for 30-year fixed-rate mortgages averaging 4.81 percent, and 15-year rates at 4.15 percent. A separate study by Bankrate also showed declines for most loan products - all except for the larger jumbo 30-year fixed rate, which inched higher to 5.59 percent. Bankrate expects continued economic improvement to push mortgage rates higher as the new year unfolds.
Call Mark Spai Today 770-886-9000
www.markspain.com
www.greateratlantaforeclosurehelp.com

The Mark Spain Team wishes everyone a Very Merry Christmas!

Atlanta Georgia Real Estate News
Sales of Existing Homes Gain Ground in November
Existing-home sales got back on an upward path in November, resuming a growth trend since bottoming in July, the National Association of Realtors (NAR) reported Wednesday. Sales of previously owned homes rose 5.6 percent last month. Distressed homes accounted for 33 percent of the month's total sales volume. Housing inventory at the end of November fell 4 percent to 3.71 million existing homes available for sale, which represents a 9.5-month supply at the current sales pace.
Call Mark Spain Today 770-886-9000
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Real Estate
2011 Real Estate Market Expected to Show Some Improvement
Ah, it is so much fun to be able to write something positive about the real estate market!
According to an economic outlook report just issued by Fannie Mae, our country’s economy should “kick into higher gear” by the second quarter of 2011. This positive outlook is the result of improvements in consumer spending, consumer confidence,
Call Mark Spain Today 770-886-9000
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Real Estate News
Federal Reserve's survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed's 12 regional bank districts. BOSTON (This region covers Maine, Vermont, Massachusetts, New Hampshire, Rhode Island and part of Connecticut.) Business activity expanded gradually. Business contacts in manufacturing, software and information technologies services and commercial real estate were more upbeat than six or 12 weeks ago.
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Georgia Real Estate Interest Rate Update

30-year fixed loans: Conventional: 4.875% FHA: 4.75% Jumbo: 5.125%

15-year fixed loans: Conventional: 4.25% FHA: 4.5% Jumbo: 4.5%

5-year ARM: Conventional: 3.125% FHA: 3.0% Jumbo: 3.625%

Atlanta Georgia Real Estate Listings News:
Twenty-three percent increase in price reductions by home sellers
December 16th, 2010
A new report release by Trulia reveals that, in December, the number of residential real estate listings with at least one price cut grew to 27 percent which is a 23 percent increase from December 2009 when 22 percent of the listings had at least one price cut. In terms of the size of the price cut, that has remained about the same at 11 percent.
call Mark Spain Today 770-886-9000
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Real Estate News
New Regulatory Rule to Support Foreclosure-Ridden Neighborhoods
Federal regulators on Wednesday announced changes to the Community Reinvestment Act (CRA) parameters to support communities affected by high foreclosure levels. The final rule encourages depository institutions to finance development projects in areas that qualify for HUD's Neighborhood Stabilization Program (NSP).
Call Mark Spain Today 770-886-9000
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Georgia Real Estate news:
National Housing Survey shows 70 percent think it is a good time to buy a house!
Fannie Mae conducted a National Housing Survey poll between June 2010 and July 2010 to asses homeowners and renters’ confidence in home-ownership as an investment, the current state of their household finances and overall confidence in the economy. The finding from this survey were compared with a similar survey conducted by Fannie Mae from December 2009 to January 2010 as well as one conducted back in 2003.Highlights from the National Housing Survey:
Eighty-two percent of respondents consider home-ownership important to the economy, up two percent from January.
Call Mark Spainfor more information 770-886-9000
www.markspain.com,
www.greateratlantaforeclosurehelp.com

"Atlanta Real Estate News"
Homeowner Negative Equity Declines for Third Straight Quarter
By Dennis Norman, on December 13th, 2010

A report released this morning by CoreLogic shows negative equity declined in third quarter of 2010 for residential properties, marking the third-consecutive quarterly decline. The CoreLogic reports that 10.8 million, or 22.5 percent, of all residential properties with mortgages were in negative equity at the end of the third quarter of 2010, down from 11.0 million and 23 percent in the second quarter.
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Georgia Real Estate News

Housing Inventory Drops in November, Still Above 2009 Numbers

http://ping.fm/pkN9l

Alpharetta Georgia Real Estate Interest Rate Update
WEEKEND RATES:

30-year fixed loans: Conventional: 4.625% FHA: 4.625% Jumbo: 5.0%

15-year fixed loans: Conventional: 4.0% FHA: 4.0% Jumbo: 4.25%

5-year ARM: Conventional: 2.75% FHA: 2.75% Jumbo: 3.375%

Atlanta Real Estate News:
Home Purchase Applications Rise for Third Consecutive Week
The Mortgage Bankers Association (MBA) released its tallies of new mortgage activity Wednesday for the week ending December 3, 2010.
The trade group’s index of mortgage applications for the purchase of a home jumped 1.8 percent. This is the third weekly increase for the purchase index, which has reached its highest level since early May.
For More Information call Mark Spain 770-886-9000
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Georgia Real Estate News Update

http://ping.fm/hYrpJ

Atlanta Georgia real Estate News
Home purchase mortgage applications increase hitting 7 month high
By Dennis Norman, on December 8th, 2010

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending December 3, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 1.8 percent from the week before. The four-week moving average of home purchase mortgage applications is up 2.8 percent for the period. This marks the highest level the seasonally adjusted purchase index has been since the beginning of May 2010.
For More InformationCall MArk Spain Today 770-886-9000
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Georgia Real Etsate News
National Housing Survey shows 70 percent think it is a good time to buy a house
By Dennis Norman, on September 16th, 2010
Fannie Mae conducted a National Housing Survey poll between June 2010 and July 2010 to asses homeowners and renters’ confidence in home-ownership as an investment, the current state of their household finances and overall confidence in the economy. The finding from this survey were compared with a similar survey conducted by Fannie Mae from December 2009 to January 2010 as well as one conducted back in 2003.Highlights from the National Housing Survey:
Eighty-two percent of respondents consider home-ownership important to the economy, up two percent from January.
For More Information call Mark Spain 770-886-9000
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Georgia Real Estate Interest Rate Update

30-year fixed loans: Conventional: 4.5% FHA: 4.5% Jumbo: 4.75%

15-year fixed loans: Conventional: 3.75% FHA: 4.0% Jumbo: 4.25%

5-year ARM: Conventional: 2.75% FHA: 2.75% Jumbo: 3.375%

Atlant Real Estate News:

Pending home sales increase over 10 percent in October; Mortgage Interest Deduction vital to Recovery
By Dennis Norman, on December 2nd, 2010

Dennis Norman The National Association of REALTORS Pending Home Sales Index for October shows an increase of 10.4 percent in the index from the month before (seasonally adjusted), and a 20.5 percent decrease from a year ago.

For more information call Mark Spain Today: 770-886-9000
Email: homes@markspain.com
www.markspain.com
www.greateratlantaforeclosurehelp.com

Atlanta Real Estate News
Home purchase mortgage applications increase as do interest rates for the week
By Dennis Norman, on December 1st, 2010
According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending November 26, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 1.1 percent from the week before. The four-week moving average of home purchase mortgage applications is up 3.8 percent for the period. This marks the highest level the seasonally adjusted purchase index has been since the beginning of May 2010.
The Mortgage Refinancing index decreased 21.6 percent this week making the third consecutive week of declines and is now at it’s lowest level since the end of June. The refinance share of mortgage applications decreased to 74.9 percent from 78.6 percent the week before.
Interest rates for the week ended November 19, 2010:
• 30 year fixed-rate mortgage interest rates increased to 4.56 percent from 4.50 percent the week before, with fees increasing to 0.96 percent from 0.87 percent on loans that are 80 percent of the value of the home. This is the fourth time in five weeks that rates have increased and the 30 year rate is now at it’s highest level since August 2010.
• 15 year fixed rate mortgage interest rates decreased to 3.91 percent from 3.83 percent the week before, with fees decreasing to 0.88 percent from 1.04 percent on loans that are 80 percent of the value of the home.
Call Mark Spain today for more information: 770-886-9000 homes@markspain.com
Visit our websites: www.markspain.com www.greateratlantaforeclosurehelp.com

Atlanta Georgia Real Estate News Interest Rate Update

30-year fixed loans: Conventional: 4.25% FHA: 4.25% Jumbo: 4.75%

15-year fixed loans: Conventional: 3.75% FHA: 4.0% Jumbo: 4.25%

5-year ARM: Conventional: 2.75% FHA: 2.75% Jumbo: 3.5%

Atlanta Georgia Real Estate News Update

Look For Relief In 2011- Housing Outlook For 2011 is When Home Prices Will Head UP!
http://ping.fm/nEYeQ

Atlanta Georgie Real Estate News

Metro Atlanta unemployment declines slightly

Seven thousand more Atlantans are working than in September.

The Georgia Department of Labor said the unemployment rate in metro Atlanta decreased to 9.7 percent in October, down two-tenths of a percent from a revised 9.9 percent in September. Meanwhile, the number of unemployed workers in the area decreased to 254,874, down 7,397 from 262,271. The jobless rate in the metro Atlanta area in October 2009 was 10.3 percent.

Also in October, 26,746 laid-off workers in metro Atlanta filed initial claims for unemployment benefits, an increase of 88, or three-tenths of a percentage point, from 26,658 in September.

The state’s seasonally adjusted unemployment rate was unchanged at 9.9 percent from September to October.


For Atlanta Real Estate Information
www.markspain.com
www.greatatlantforeclosurehelp.com

Atlanta Real Estate Interest Rate Update

30-year fixed loans: Conventional: 4.25% FHA: 4.25% Jumbo: 4.625%

15-year fixed loans: Conventional: 3.5% FHA: 4.0% Jumbo: 4.0%

5-year ARM: Conventional: 2.5% FHA: 2.625% Jumbo: 3.375%

"Atlanta Real Estate News"
Mortgage loan delinquencies have largest quarterly decline in four years!
http://ping.fm/v2Vi3
For more Information Call Makr Spain 770-886-9000
www.markspain.com
www.gretareatlantaforeclosurehelp.com

"Atlanta Real State News"
Visit www.markspain.com for more information.
October New Home Construction: Permits Up, Starts Down
By Dennis Norman, on November 17th, 2010

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for October 2010 showing a slight increase in single-family home building permits and a small decrease in new home starts compared to the month before.

The report shows:

Building permits issued for single-family residences in October were at an annual rate of 406,000 which is 1.0 percent above the revised September rate of 402,000 and a decrease of 13.2 percent from a year ago when the rate was 468,000.
Housing starts for single-family residences in October were at an annual rate of 436,000 which is a decrease of 1.1 percent from the revised rate for September of 441,000 and an decrease of 8.2 percent from a year ago.
Homes completed in October were at a rate of 501,000 homes, an increase of 2.7 percent from September’s revised rate of 488,000 homes and a decrease of 5.6 percent from a year ago.

Atlanta Real Estate News
http://ping.fm/hb32e
http://ping.fm/mf8bA

"Home Loan Modifications Are Shrinking"
http://ping.fm/tDDmh

Atlanta Real Estate Current Market Interest Rates

WEEKEND RATES:

30-year fixed loans: Conventional: 4.25% FHA: 4.25% Jumbo: 4.625%

15-year fixed loans: Conventional: 3.625% FHA: 4.0% Jumbo: 4.0%

5-year ARM: Conventional: 2.5% FHA: 2.625% Jumbo: 3.375%

Alpharetta Georgia Real Estate News
Make Money in 2011: Your Home
http://ping.fm/dSWpC
For Information on Buying or Selling a Home Contact us Today at:
770-886-9000 or visit our websites at
www.MarkSpain.com
www.GreaterAtlantaForeclosureHelp.com

Atlanta Georgia Real Estate News
For Investors and Buyers now is the golden time to buy!
http://ping.fm/nKyi3

For More Information Contact us at:
www.MarkSpain.com
www.GreaterAtlantaForeclosureHelp.com
770-886-9000

Atlanta Real Estate News
Realtors Exhibit Cautious Optimism for Housing's Future
http://ping.fm/qD9j4

God Bless each and every Veteran today! To all those men and women who have served in the Military on behalf of this Great Nation, may you feel the sincere appreciation of your fellow Americans today. All of us with “The Mark Spain Team” salute you!

Suwanee Georgia Current Market Interest Rates

WEDNESDAY'S RATES:

30-year fixed loans: Conventional: 4.0% FHA: 4.125% Jumbo: 4.625%

15-year fixed loans: Conventional: 3.5% FHA: 4.0% Jumbo: 4.0%

5-year ARM: Conventional: 2.5% FHA: 2.75% Jumbo: 3.5%

Atlanta Short Sale News

NAR's Pending Home Sales Gauge Slips 1.8%

http://www.dsnews.com/articles/nars-pending-home-sales-gauge-slips-18-2010-11-05

Alpharetta Real Estate-Current Market Interest Rates:

30 Year Fixed Loans: Conventional 3.75% FHA 3.875% Jumbo 4.625%

15 Year Fixed Loans: Conventional 3.25% FHA 3.5% Jumbo 4.0%

5 Year ARM: Conventional 2.25% FHA 2.5% Jumbo 3.375%

Alpharetta Real Estate News
Employers add 151,000 jobs in October

http://usat.me?41018022

For Information on Buying or Selling a Home Visit our website at http://ping.fm/2bAVh or Call us at 770-886-9000

Atlanta Real Estate News Update:

Click on link below for information on Fed to buy
$600M in Securities

http://ping.fm/1sE5k

Atlanta Real Estate News:

Fed to Buy $600B in Securities to Hold Interest Rates Low!

Greater Atlanta Real Estate News
September Home Sales up 10%

Click the link below for more information:
http://www.usatoday.com/money/economy/housing/2010-10-25-existing-home-sales_N.htm?POE=click-refer

For Information on Buying or Selling a home visit our website at http://www.MarkSpain.com or Call Us Directly at 770-886-9000.

Greater Atlanta Real Estate News
Current Market Interest Rates

30-year fixed loans:
Conventional: 4.0% FHA: 4.125% Jumbo: 4.625%

15-year fixed loans:
Conventional: 3.375% FHA: 3.5% Jumbo: 4.25%

5-year ARM:
Conventional: 2.5% FHA: 2.5% Jumbo: 3.375%

Atlanta Georgia Real Estate News
10 Reasons To Buy a Home-Article by The Wall Street Journal
http://ping.fm/cruw0

Cumming, GA. Real Estate-Short Sale
Pilgram Lake Subdivision-1632 Indian Way
List Price-$104,900
2 Bedrooms, 2 1/2 Bathrooms. Short Sale Opportunity. Great Location, Convenient To Ga. 400 and Lake Lanier. Cul-De-Sac Lot, Basement Great For Storage. Neutral Colors Throughout, Spacious Kitchen With Lots Of Cabinets And Center Island.
Virtual Tourhttp://ping.fm/mQOCm
Call Today-770-886-9000
http://ping.fm/jBcu0

Cumming Georgia Real Estate Current Market Rates

WEEKEND RATES:

30-year fixed loans: Conventional: 3.875% FHA: 4.0% Jumbo: 4.5%

15-year fixed loans: Conventional: 3.25% FHA: 3.5% Jumbo: 4.0%

5-year ARM: Conventional: 2.5% FHA: 2.5% Jumbo: 3.375%

Banks Restart Foreclosures

Bank of America and GMAC Lift Their Freeze in a Counterattack Against Allegations of Fraud

http://ping.fm/Rpkaf

Historically Low Rates!
Don't miss out on this Incredible Rate Drop!
30-Year Fixed Rate drops to 3.875 percent. If you're thinking about making a move or needing to refinance, please give us a call!
770-886-9000 or visit our website at http://ping.fm/QdVaN

Just Listing In Suwanee, Georgia-Aberdeen Subdivision
List Price: $249,900
5 Bedrooms, 3 Full Bathrooms. Beautiful Home Situated On Corner Lot. Excellent Schools. Spacious Master Suite, Wooded Fenced In Back Yard, Side Entry Garage, And Guest Bedroom On Main Floor With Full Bath. Plenty Of Storage Space, Granite Counter Tops, Hardwood Floors, New Carpet, Fresh Interior And Exterior Paint.
Virtual Tour: http://ping.fm/tN7OQ
For More Information Call: 770-886-9000

Cumming Georgia Real Estate News

Why Cumming-Forsyth County Georgia is the Best Place to Raise Children.

http://ping.fm/0MMjx

Just Listed In Cumming Georgia
List Price: $389,900
5 Bedrooms, 5 Full Bathrooms. Beautiful John Wieland Resale Home. Sought After Neighborhood. Shows Like A Model, Three Sided Brick, Gourmet Kitchen W/Hardwood Floors, Granite Counter Tops, & Tile Backsplash. Guest Bedroom On Main, Tile Floors, Custom Lighting, Custom Blinds, Finished Basement.
For More Info Call: 770-886-9000
http://ping.fm/lJ0Ww

Atlanta Real Estate News
Morgage Update:
WASHINGTON — Mortgage giant Fannie Mae plans to give military families a break on their home loan payments if they are struggling because of the death or injury of a service member.

The Washington-based company says it will reduce or suspend borrowers' monthly payments up to six months. Fannie Mae is the largest buyer and backer of U.S. home mortgages, owning or guaranteeing about $3.2 trillion in home loans.

Fannie Mae also says it would suspend reporting to credit bureaus for up to six months to minimize the impact on the borrower's credit score.

To determine whether they are eligible, military members or their surviving spouses should contact their mortgage company. Or, they can call a special military phone number: 1-877-MIL-4566.
For Assistance Please Contact: Mark Spain Today @770-886-9000, or visit our website at www.MarkSpain.com

Just Listed In Forsyth County, Georgia

List Price: $219,900
Features: 4 Bedrooms, 2 Full Bathrooms. Rare Find. No HOA Restrictions, Very Private, Quiet Street/ Ranch On Full Finished Basement. Winter Views Of Lake Lanier, Beautiful Sunroom Overlooks Private Oasis With Waterfall. Two Separate Driveways, Two Car Garage Up/One Car Garage Down. Walk Up Attic Storage. This Is Truly Professional Landscaping. You Will Never Want To Leave. Pre-Inspection Available Upon Request.
http://ping.fm/01Min
Call Mark Spain Today 770-886-9000, For More Information On This Property.

Greater Atlanta, Georgia Real Estate

New Listing In Cumming Georgia

List Price: $219,900

Features: 4 Bedrooms, 2 Full Bathrooms. Rare Find. No HOA Restrictions, Very Private, Quiet Street/ Ranch On Full Finished Basement. Winter Views Of Lake Lanier, Beautiful Sunroom Overlooks Private Oasis With Waterfall. Two Separate Driveways, Two Car Garage Up/One Car Garage Down. Walk Up Attic Storage. This Is Truly Professional Landscaping. You Will Never Want To Leave. Pre-Inspection Available Upon Request.
Click Here to take a tour.

Call Mark Spain Today to see this great buty 770-886-9000 ot visit our website by clicking here!

Interest Rates are at an all time low. So this weekend would be a great time to buy a home. Call Mark Spain today 770-886-9000 or visit our Website http://ping.fm/PyEMv

Working on all our social media sites. Social Media is great for real estate agents...need your firm on there to..ask us how!

The Mark Spain Team is excited and working hard 2 help you get in your dream house. It's a perfect weekend 2 start your search. 770-886-9000

“The Mark Spain Team Announces They Are Now A Preferred Realtor with Dave Ramsey's ELP Program”

The Mark Spain Team agents have been followers and huge fans of Dave Ramsey and his philosophy for many years.  We are now proud to announce our affiliation with Dave Ramsey as a preferred Realtor for all of Metro Atlanta as an Endorsed Local Provider!  For more information about Dave Ramsey’s Endorsed Local Providers, please go to
www.DaveRamsey.com

The Mark Spain Team agents have been followers and huge fans of Dave Ramsey and his philosophy for many years. We are now proud to announce our affiliation with Dave Ramsey as a preferred Realtor for all of Metro Atlanta as an Endorsed Local Provider! For more information about Dave Ramsey’s Endorsed Local Providers, please go to www.daveramsey.com

New Video listing on YouTube for a lovely 2/1 in Alpharetta GA 30005 http://ping.fm/2hr1Q

Also here's our press release from last week. Getting a lot of Social Media work done today. http://ping.fm/hCgGn

We have a new YouTube video...check it out and give us a comment! http://ping.fm/6J4Q1

Just added a new WordPress blog to our Social Media footprint. we want to be every where we could be found, it only takes one. http://ping.fm/4u1zo

We are so busy helping families find new homes we are hiring! Check out our blog for more details. http://ping.fm/b0mb0

The Mark Spain Team is Now Hiring Buyer's Specialist

We are currently expanding our team and are looking to add Experienced Buyer’s Agents.   

A quick description of what we are looking for...someone that likes to stay with a team long-term...Loyalty is very important to us.  We put a lot of time and effort into our team members, and we want them to stay with our team for the long haul.  Several of our agents and administrative staff have been with our team for over 10-years.  Individuals need be disciplined with lead follow up and lead conversion.  We have a very predictable business model and our buyer’s agents receive a steady stream of leads every month.  Therefore, lead conversion and lead follow-up are critical, especially with E-Leads.  We are looking for Team Players...someone that can integrate and work well within a team environment.....we are not the typical team.  We are a very close knit family type environment and go out of our way to help each other. Experience is preferred, but not a must. Experience on a team is a plus, but not mandatory.

If you are interested in joining our Dynamic Team...please take a minute and take the Disc Personality Profile Test at http://www.realestatechampions.com/freedisc/  When it asks for your name, put in your name and then markspainresumes@gmail.com  as the email address. 

Please email your resume to us at markspainresumes@gmail.com  You can either copy and paste your resume into the email or send as an attachment.  If you prefer to fax your resume, you can fax it to 770-783-2030. If you have any questions feel free to contact us at 770-886-9000.

Twitter is now going multimedia with a new window to view video and photos. http://ping.fm/RmgIU

Press Release due out later today & tomorrow..lets see if it goes viral & gets picked up. Social Media is a great way 2 get your message out

Did you see the doodles on Google today? They wont say what it's for. Go there and check it out. http://ping.fm/6xiqH

Great Weekend! We helped a few families find their dream home & helped a few more keep theirs. The Mark Spain team to see what we can do 4 u

check out and join our blog for the most current rates http://ping.fm/HhS0L

Interest Rates Hit All Time Low forr 30 year fixed

WEEKEND RATES:  See the significant decrease in the jumbo 30-year fixed rates this week!

30-year fixed loans:            Conventional:  4.125%   FHA:  4.25%             Jumbo:  4.75%

15-year fixed loans:            Conventional:  3.5%             FHA:  4.0%              Jumbo:  4.0%

5-year ARM:                             Conventional:  2.5%             FHA:  2.75%             Jumbo:  3.5%

Interest rates r at an all time low. We can help u get into your dream house. Don't wait any longer give us a call to discuss your options!

Interest Rates are at an all time low so why are you PAYING RENT? The longer you wait the more your losing out on equity in your own place!

Interest Rates Hit All Time Low

n Freddie Mac's results of its Primary Mortgage Market Survey the 30-year fixed-rate mortgage averaged 4.36 percent for the week ending August 26, 2010 - down from the previous week when it averaged 4.42 percent. Last year at this time, the 30-year fixed-rate mortgage averaged 5.14 percent.     Existing home sales fell 27% in July, which led to some market concerns that the housing market

Mortgage Rates Source: Realty Times U.S. averages as of August 26, 2010: 30 yr. fixed:   4.36% 15 yr. fixed:   3.86% 1 yr. adj:        3.52% may slow the economic recovery. As a result, fixed rate mortgage rates eased to new record lows this week.

Was a great weekend in Atlanta to buy a house. Did you find what you were looking for? Ask us we'll help you find the home of your dreams!

Interest Rates 8/20/2010

Rates as of 8/20/2010:

30 year fixed, conventional: 4.125%           30 year fixed, FHA/VA: 4.25%         30 year fixed, Jumbo: 5.00% 

15 year fixed, conventional: 3.75%             5 year ARM, FHA/VA: 2.875%        5 year ARM, Jumbo: 4.125%      

5 year ARM, conventional: 2.75%

7 year ARM, conventional 3.00%

Note: these rates are for purchase-money, $125,000 loan  or greater, single-family, owner-occupied transactions only. Credit score adjusters may apply.  Rates quoted are for 60 day locks ... please call for a specific quote.

Did You Know?

* Lender Paid Mortgage Insurance allows us to offer up to 95% financing without a PMI premium to the borrower.   This is a great option for someone who will not be in the home long-term or who wants/needs a lower monthly payment.  For example, principal, interest, and  PMI is $972.71 on 90% financing with PMI for a $200,000 home. Or $921.90 without a PMI premium!  That payment of $50/month less becomes $65/month less on 95% financing!

* Fannie Mae "HomePath" financing is available on Fannie Mae-owned, HomePath Mortgage-eligible properties.  The program allows for 97% financing on  primary residences; 95% on investment property!  New appraisal not required, so your buyer saves money and avoids appraisal problems! Go to www.homepath.com to view eligible properties.

Does your business have a YouTube Video? Don't think u need one? Look at what these people are making by having a YouTube channel, we have 1http://ping.fm/S8kJq^ixic,qqqq

We are gearing up for a great weekend, its hot so let us do all the work for you. Let us know what your looking for and we'll find the house

Facebook adding another feature if you have a smart phone your location? What do u think?
http://ping.fm/1qXac

this is an interesting article on the class of 2014, no watches? email? http://ping.fm/yPYWL

Atlanta Realtor Mark Spain Honored by The Wall Street Journal as One of the Top 100 Agent Teams in the U.S.

Atlanta, GA — The Wall Street Journal/Real Trends 2010 Real Estate Top 400 Professionals list was just released in August. It is based on a survey of thousands of brokerage firms, associations of Realtors® and hundreds of other sources to determine the top-performing agents in the United States, based on 2009 sales production. Atlanta-based Realtor Mark Spain and his RE/MAX Greater Atlanta real estate team were honored as the #29 team in the United States. The Mark Spain Team was #29 for most transaction sides and #29 for highest sales volume. Spain was the only Georgia-based team on the Top 100 Teams by Sales Volume list.

The ranking is broken down by teams and individual agents, with a top 100 list each for transaction sides and for sales volume. Now in its 5th year, this ranking is the only independent study of its kind where all results from individual submissions are independently verified through third party sources. Visit http://online.wsj.com/ad/top100individualvolume_2009.html to view the full lists.

Mark Spain Team's 2009 sales marked the ninth consecutive year the team has exceeded the $100 million annual sales mark. They averaged more than a closing a day with 453 closings for a gross sales volume of $105.5 million.

“We have tried to structure our team to respond to what's going on in the metro Atlanta market. Our team can now counsel people on whether to sell now, wait, do a short sale or take other measures to avoid foreclosure,” explained Mark Spain. “It's all about informing buyers and sellers of their options and staying in touch with them throughout the sale process. We've even started an additional website, http://www.GreaterAtlantaForeclosureHelp.com, to help local homeowners in trouble.”

Mark Spain has been Short Sales and Foreclosure Resource (SFR) certified by the National Association of Realtors and earned the prestigious Certified Distressed Property Expert (CDPE) designation in 2009. Earlier this year, he attended and graduated from the Five Star Institute Center for Short Sale Success.

Mark's team regularly ranks in the top 20 teams worldwide out of some 100,000 RE/MAX agents in more than 75 countries. In 2006, Mark Spain surpassed the billion dollar sales mark for lifetime transactions and is believed to be the youngest Realtor to accomplish this in the least amount of time—11 years. Spain has also received numerous industry honors, like twice being named a Top 50 Realtor on the Rise in the U.S. by Real Estate magazine, being inducted into the RE/MAX Hall of Fame, in 2010 he earned the Circle of Legends Award from RE/MAX International.

An Atlanta native, Mark Spain is a University of Georgia graduate. He is affiliated with the RE/MAX Greater Atlanta office at 5591 Chamblee-Dunwoody Road in Atlanta. The Mark Spain Team specializes in assisting home buyers and sellers in the metro Atlanta region in all price levels.

For more information about the Atlanta real estate market, contact the Mark Spain Team at 770-886-9000 or visit http://www.markspain.com to search all the available metro Atlanta properties, request a free online home evaluation, sign up for a free monthly e-newsletter about the real estate market or for details on how to have your home considered for a short sale, visit http://www.GreaterAtlantaForeclosureHelp.com.

Did you know * Wells Fargo has 80% Jumbo financing up to $1.5MM loan amount! call us and get the latest interest rates 770-886-9000

Loan Rates as of 8/13/2010-Call the Mark Spain Team 770-886-9000

Rates as of 8/13/2010:

30 yr fixed, conventional: 4.375%       30 yr fixed, FHA/VA: 4.375%      30 yr fixed, Jumbo: 5.00% 

15 yr fixed, conventional: 3.75%         5 yr ARM, FHA/VA: 3.125%        5 yr ARM, Jumbo: 4.00%      

5 yr ARM, conventional: 2.875%

Note: these rates are for purchase-money, $125,000 loan  or greater, single-family, owner-occupied transactions only. Credit score adjusters may apply.  Rates quoted are for 60 day locks ... please call for a specific quote.

Did You Know? 

* Lenders call the home that is your clients' current residence their "departure residence."  And "departure residence" underwriting guidelines have become much more stringent in the last year.  Is your client planning on purchasing their new home without selling their departure residence? Do not assume that they can qualify!  They may qualify with the payment, and not have the required cash reserves.  Or may not be able to use projected rental income, even though they have a signed rental agreement. It is imperative that they get PreQualified early in the process! FHA and conventional guidelines are slightly different .. call if you need more detail.

* Wells Fargo has 80% Jumbo financing up to $1.5MM loan amount!  Does your client already have a lender? Suggest that they allow us to give them a second quote.  Especially in this price range, it is important to make sure they have the best financing possible!  

Ask us?

THE MARK SPAIN TEAM

http://www.markspain.com

Here's the article. http://ping.fm/dzNoO

We just received notice that our Team once again, ranked in the Top 100 Real Estate Teams in
the USA by the Wall Street Journal.http://ping.fm/cnLjj

Congratulations on another Fantastic Accomplishment! We just received
notice that our Team once again, ranked in the Top 100 Real Estate Teams in the USA by the Wall Street Journal. We ranked 29th in both Transactions Closed and Sales Volume. Congratulations...Keep up the Great Job!
http://ping.fm/MPoni

Are you Buying, Selling or on the verge of foreclosure? Call the Mark Spain Team at 770-886-9000 we're here to help!

a new social media company just to set up tweet parties. Its all in the branding..look at us we're tweeting about tweets..haha http://ping.fm/XMvPk

Twitter has a huge impact on brand awareness. Have you Twittered about your business today? http://ping.fm/rHOlg

Do you need HELP with your current real estate situation? Info on Short Sales and how to avoid foreclosure. We can help Visit our website http://ping.fm/KSNLW

We are set up on Twitter,Facebook,Tumblr,Identica,Plurk,Vox,Yahoo and have a blog! Search TheMarkSpainTeam and add us to your Social Media!

The Mark Spain Team joins the Social Media Bandwagon

We've joined some of our business friends and hitched up to the Social Media Bandwagon.
So stay tuned and enjoy the ride with us! Thanks go out to Kenneth at InternetGuru4u.com
for help getting us set up.

Stay tuned for more details and don't forget to visit our website.