New Homes For Sale in Lilburn This Week

Find homes for sale in Lilburn on this page every week, from our partners at Zillow.

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Lilburn Real Estate Market Update, April

How is the Lilburn real estate market doing? Prudential Georgia gives an update.

For a number of years, the real estate market has slummed in the doldrums, but experts say it's picking back up. Compared to this time last year in Lilburn, the number of active listings is down, the median listing price is up and the average days on the market is lower, according to Prudential Georgia. To learn more, watch this recent video update of the Lilburn market by Prudential Georgia. See also:

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Real Estate Now

Big Investors Betting on the Housing Recovery

In this real estate column, a local agent says that big-money firms could make it difficult for individuals.

As foretold earlier this year from research I had been doing, CNN recently ran a story about how big business is getting into the housing market.   Investors are buying up mutual funds and stocks of builders, housing companies, etc and Wall Street is getting into the action, with even some builders raising capitol through IPOs. Pulte, Lennar and KB Homes have hit 52 week highs recently. Land has even become a target. While it drops the fastest in a downturn, it can increase the fastest in an upturn. Funding groups are also buying up blocks of hundreds of homes from banks, It will not become uncommon to see an entire block or part of the city owned by one company and collecting rent from those who want to live there. A word to the wise: if …

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Real Estate Now

Taking Advantage of Mortgage Debt Relief Act

According to our real estate columnist, this may become the banks' preferred method of dealing with homeowners who are behind on their mortgage.

Last week, I broke the good news about the federal government extending this act through 2013. All homeowners who are in trouble can now sleep at night knowing that they can avoid foreclosure. With the extension of this law, banks are now indicating that this may be their preferred method of dealing with behind homeowners in 2013. We saw a record number of short sales in 2012 and that trend should continue in 2013.   Who to call?   It is important that you have a real estate agent who is well versed in the short sale process. An inexperienced agent can be detrimental to your sale and may even delay it to the point where a homeowner gets foreclosed on.   Agents, like myself, that are a CDPE, or Certified Distressed Property Expert, are your…

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For Sale: Homes Priced Below $150,000

In the market for a Lilburn-area home? Check out AOL's real estate listings.

Looking for a home can be daunting. I know because I've been toying with the idea, and I'm already tired of scouring websites for available homes. I want to stay below $150,000, and still get something nice. My mom thinks I need to increase my price point. Or, that I need to be to suburbs where she is -- Conyers. I tell her all the time that's too far. So, I've been looking around Tucker and Lilburn. Some houses I wouldn't even think about; others do seem promising. So, if you're like me, checking out the homes listed below might be worth your time. They're all listed at $150,000 or less. 1. 137 BLueberry Trail NW, Lilburn Price: $150,000 Amenities: Five bedrooms, 3 bathrooms; 3,065 square feet; features a sunroom and fenced backyard 2. …

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Real Estate Now

Good News for Lilburn Home Owners, Mortgage Debt Forgiveness Extended

Good news comes for struggling homeowners.

As part of the "fiscal cliff" vote, the Mortgage Forgiveness Debt Relief Act is being extended.   What this simply means is that when a struggling homeowner sells their home for $75,000 and they owe $150,000, they are not taxed on the $75,000 that the bank had to write off. This is good news for homeowners that are struggling.   Other homeowner benefits extensions include being able to deduct your private mortgage insurance for those who make less than $110,000 a year. This is retroactive back to 2012 and includes 2013.   A tax credit of up to $500 is available to homeowners who made energy improvements to their home in 2012. This is also available in 2013.   By the Numbers:  Active Listings: 165 Average Price: $192,157 Sold Listings:37 …

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Real Estate Now

Real Estate: Priciest Properties for Sale

See what homes are the most expensive properties for sale in greater Lilburn.

If you're like most Americans, super expensive homes are beyond your price range. However, they can be nice to look at, even if you cannot but them. Here's a list of the top five most expensive homes for sale in Lilburn, according to AOL Real Estate. 1. $1,279,900 This home, located at 301 N. River Drive in Lilburn tops the list. It has 5,889 square feet, with three bedrooms and four bathrooms. It's located in a private, gated community, and it has indoor heated pool. 2. $769,000 This home sits on a lake at 605 Lake Front Drive in Lilburn. It has six bedrooms and seven bathrooms, with 6,692 square feet of space. The home boasts two master bedroom suites and hardwood floors throughout. 3. $650,000 This home, located at 628 Cole Drive, is …

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Five Things Driving Rising Home Prices

In today's real estate article, we look at why prices are rising for homes near you.

A recent Wall Street Journal article indicated that there were five reasons home prices are rising.  1. Rise in Housing Affordability: Interest rates are ridiculously low. People are jumping in to take advantage of these ultra low rates coupled with still depressed (although rising) housing prices. 2. The Increased number of Households: It is expected to hit 1 million this year, which in essence is putting a strain on the available inventory. This trend will continue since building has been at historically low levels since 2008. The average number of houses built since stats were being kept each year is well over a million in the United States. Due to our recession, that has dropped in half. What this will mean in the upcoming years is …

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Real Estate Now

Foreclosed Homes for Sale in Lilburn

This week we take a look at foreclosed homes in the Lilburn area.

Wonder how the real estate market is going near you. Sometimes finding out whether nearby homes are foreclosures or not is the key to figuring out how much you might get for your home should you sell. And, if you are looking for a good buy, foreclosed properties offer many options. So, this week we look at recent foreclosed, or bank-owned property for sale in the Lilburn area. Other real estate articles:

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Could the Decline in the Dollar be Good for Real Estate?

With inflation on the horizon, real assets (real estate) will continue to prosper.

We all know that our economy has been at best shaky over the last several years. With Washington not agreeing on what to do next, what impact does that have on the real estate market in the upcoming months? Whether you were pleased with the election results or not, we have to admit that decisions now made in Washington will dramatically affect us in the upcoming months.  The National Association of Realtors chief economist, Larwence Yun, paints for us a cautious picture of where we are at. There is a new wave of recent layoffs. These will counteract the 4.5 million jobs that had been recently added. Yun basically says we are treading water.  The housing price increases we are seeing will continue.   Low inventory coupled with low interest …

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