Lindsey's Realtors Blog

You may have asked yourself this question before or you might be asking yourself right now. The answer to this question all depends on your current situation in life, finances, where you live and your future plans.

Let's start with your current situation. Are you single? Are you married and expecting children? A home may be the right choice if you are expecting children and need more living space or yard space. Maybe you are single but are looking to build some equity in your home and not just write a check to your landlord every month.

Another question to ask yourself is do you have the cash on hand needed for a down payment to purchase? Depending on your financial situation, you can expect to put down a minimum of three to five percent of the purchase price. There are 100% financing plans like a VA loan, if you are a veteran, and USDA, if you are purchasing a home in a qualified rural area. Contacting a local mortgage lender is a great first step. The lender can qu...

Click Here to Read More...

The local real estate market is cooling off. Properties are still being listed and sold, but the activity and sales numbers have dropped dramatically. I have noticed the decline in showing activity with new listings this summer. We are not seeing the number of showings that we saw earlier in the year and the years preceding that. In fact, sales in Coweta County from June 2022 to June 2023 were down over 18 percent per Georgia Multiple Listing Service (GAMLS). A seasonal and summer lull in real estate is common as people often go on vacations, but the lull seems more pronounced this summer.

Listing inventory is still a problem as well. There are not many options for buyers as they go looking for a home. A low supply of listings has kept real estate prices steady even though buyer demand has tailed off. New listings were down over 20 percent, from June 2022 to June 2023 per GAMLS. At the time that I am writing this, there are only 416 homes for sale in Coweta County per GAMLS....

Click Here to Read More...

By JESS BARRON, Lindsey's Inc. Realtors

Every month, there are many new employees moving into Coweta County. Recently, I had the pleasure of working with the Newnan-Coweta Chamber of Commerce and taking some of the new hires for a "Windshield Tour" of Coweta County. We took them to see many different areas and sites around the county. 

One of the handouts provided to the new residents was a Coweta County "fun fact" sheet provided by the Chamber of Commerce. I knew many of the facts but there were several I did not so I thought I would share:

Coweta County covers 441 square miles with nearly 150,000 residents. The number of residents has nearly tripled since 1990 and will reach 163,00 in the next five years. 

The average Coweta household earns $79,795 per year, compared to the state...

Click Here to Read More...

Recently, our dear friend and colleague, Jasper Gibbs came to the completion of his earthly journey.  Frank Barron was asked to give a reflection at his Celebration of Life service.  Lindsey's is forever grateful for Jasper's service and friendship!

Jasper      4/15/2023

I am both humbled and honored to be here today.  With Jasper in mind, I would like to start by quoting Numbers 22:1 where it says "A Good Name is to be chosen rather than Great Riches".

What can you say about our dear friend Jasper?  A better question might be, what can you not say about Jasper?  He was bigger than life and such a great man in so many ways.

I looked up the word "Jasper" to see what it meant.  Webster said it meant "a hard coating that protects fine porcelain".  All these years and I never knew what "Jasper" meant.  I think he was aply and rightly named. That is what he did his whole life.  Looked after others and lov...

Click Here to Read More...

 2023 is off to an interesting start. While national headlines and media outlets report and forecast doom and gloom, the Coweta County real estate market is holding strong. Residential real estate prices are practically unchanged while listing inventory and the number of transactions decreased significantly.

According to the Georgia Multiple Listing Service (GAMLS), the number of homes for sale was down 15% in January and 20% in February year-over-year. Pending sales (properties under contract) were down 28% in both January and February. Closings were down 48% in January and 34% in February.

All of this sounds bad but there are several positives. Realtors are seeing a healthier market in 2023. While it is still a seller's market, we are seeing less multiple offer situations and buyers have a greater chance of securing a home. Active listings (homes for sale) were up 36% in January and 33% in February. Buyers have a much better selection of propertie...

Click Here to Read More...