Thomasville GA Home Fair 2012
First Thomasville Realty enjoyed being at this year's 2012 Home Fair this past Saturday, March 24th at the Thomasville High School Gym. Here are some photos we took at the event!
First Thomasville Realty enjoyed being at this year's 2012 Home Fair this past Saturday, March 24th at the Thomasville High School Gym. Here are some photos we took at the event!
THOMASVILLE, GA (WALB) - Federal officials hope to launch a pilot program early this year to convert government-owned foreclosures into rental properties.
The program would sell foreclosed homes now owned by Fannie Mae and Freddie Mac to investors in bulk.
Thomas County real estate agent Mills Herndon says the housing market in the Thomasville area had a better year in 2011 than in 2010. "I think our inventory is somewhere around 450 units which is, it used to be 600 units."
Herndon says while he is optimistic for 2012, there is still a long way to go. "There's still a lot of foreclosures and short sales that are going to come forward this year so there's a lot of that inventory that we'll have to push out of the market."
Officials in Washington are trying alleviate the foreclosure problem by turning some of those properties into rentals.
Herndon says less than five percent of the foreclosures in Thomas County are owned by Fannie Mae. "If they turn those into rental houses, there is a rental market. I mean they will get rented and we have a big demand now for rent. For rentable properties."
Herndon says in our area, it's consumer confidence that drives the market. "Our jobs market is pretty good in Thomas County. I mean we've got a good industrial base. We're not seeing new companies move in like we would like, but neither are a lot of other communities either."
Herndon says interest rates are extremely low so now is still a great time to buy. But he says with all of the new restrictions, the biggest obstacle is getting the right financing.
According to Lender Processing Services, there are currently about two million homes nationwide in the late stages of delinquency.
Copyright 2012 WALB. All rights reserved.
FEATURED on the TODAY Show real estate segment with Barbara Corcoran on 12/16/11! Lakefront lot, saltwater heated pool, 5 BR/ 3 BA on 1.26 acres. This beautifully landscaped home reflects lots of care and pride and features a great room with fireplace and vaulted ceilings, hardwood floors, kitchen with granite countertops and stainless steel appliances, sunroom, formal dining room, rocking chair front porch, redwood playground set, master suite with sitting area, master bath with whirlpool tub and separate shower, enjoy beautiful lake views from the back deck.
Police officers, paramedics, firefighters, and sheriff's deputies were treated to a catered lunch today. It's the 7th year for the First Responder's Luncheon put on by the Thomasville Area Board of Realtors.
As we remember the 10th anniversary of the 9-11 attacks, it's our way of saying thank you once again to these important people in our community. "We make our living here in town and our first responders are one of the main reasons that people locate here because they know we have a safe community to live in and if they need help they can get it quickly."
Thomasville On Stage & Company will present Disney’s High School Musical at the Thomasville Center for the Arts Auditorium on July 22-24th. For more information visit their website at http://www.tosac.com/
331 Remington Avenue, The Ransom Reid House in Thomasville Georgia. The current owners provide some of the history and features of this grand home. 100 year old oaks shade the walkway of this charming 6BR/6.5 bath Historic home within walking distance of downtown Thomasville. Known as the Ransom Reid home, this grand antebellum home has been lovingly restored yet thoughtfully updated. From its wide front porch you enter the foyer flanked by a formal parlor and formal dining room. Downstairs you will also discover a beautiful paneled study with Fireplace and built-in bookcases; kitchen with large center island and heated tiled floors; master bedroom with updated master bath including a whirlpool tub and separate vanities. Other recent upgrades include exterior painting, plaster reworked, plumbing and wiring, beautiful millwork and mouldings, and much more. A Home with today's comforts.
Thomasville Georgia is in full bloom once again as Springtime has brought out the beauty of our wonderful community!
Town’s solution to hard times? Southern comfort
Despite a population of just 20,000 people, Thomasville, Ga., is a star among many struggling small towns. NBC’s Roger O’Neil explains how the community remains vibrant.