-This is a transcript from Go Gaddis Radio to listen to the episode click here-> https://on.soundcloud.com/wv1gy
Welcome back to another week's edition of Go Gaddis Real Estate Radio right here on a nine 20. The answer in this first segment of the show, we have our Metro Atlanta Residential Real Estate update for the last seven days and our something you should know about Atlanta Segment, we are featuring the booth.
Western Art Museum in Cartersville. I didn't even know there was such a thing, and how to prevent or possibly recoup stolen items from your home at a very interesting listener question about items being sold on Facebook Marketplace specifically. My name is Cleve Gaddis. You're listening to Go Gaddis Real Estate Radio.
Our goal on this show is to help listeners go from real estate novice to experts. So home selling and buying can be done with total confidence and without all the worry. It is typical with life's biggest investments. And don't forget, we want to connect with you and it's easy. Simply go to go gatis radio.com.
That's G O G A D D I S radio.com. You can ask questions that we answer on air or off air. You can make comments, you can push back or challenge anything we say. You can share ideas with us that we may or may not share with the rest of the listening audience. You can request your neighborhood be featured in our neighborhood Spotlight, which comes up in the fourth segment of each show.
And. You can subscribe to our podcast. The podcast is available on every major podcasting platform, every major podcasting platform. Easy for me to say. And I invite you to become a podcast subscriber today. My family's been in real estate in metro Atlanta for 37 years. We live, eat, breathe, and sleep real estate.
And we don't think we're the only real estate company in metro Atlanta that anyone should buy a home with, or the only one that anybody should sell a home with. But we do. Believe that regardless of where your property is, and regardless of how many connections you have with other real estate agents or companies in metro Atlanta, we believe you should at least interview us for the job either of selling your home or of helping you buy a home.
I believe that if you'd have a conversation with us, you would realize that we bring things to the table that are a little bit different than the average real estate team or the average real estate firm. It's easy to reach us. You can go to go gattis radio.com, click on contact us. Send us a little information, we'll reach back out to you, or you can just call us the old fashioned way at 7 7 0 4 9 7 0 0 0 0.
Let's take a look at what's happened in metro Atlanta in the real estate market, specifically residential real estate market. Over the last seven days, 1,862 new listings have come on the market in the first multiple listing service. 1,156 homes have gone under contract, which means we should have a little bit more inventory at the end of the week than at the beginning of the week, which means for you buyers who are frustrated because you don't have enough choices, maybe you have a few more choices.
1700 closings for the week. That's bigger than any week. I remember over the last several months, this time last year, that number might have been closer to 2000 or 2200 or 2300 closings. The 1700 closings in seven days. That's a lot. And 1,481 homes had a price decrease. That's right. Almost 1500 homes in metro Atlanta had a price decrease, meaning the seller has basically signaled the market saying, I am more interested in.
Selling my home this week than I was last week. And that might be a, a, an overreaching statement. Um, could be that they're more desperate, could be, they're more motivated, but it means something. And if you are working with a real estate agent, you need to make sure that that agent is showing you properties in your geographic area, in your price range that have also had a price decrease.
It could be that the condition of the property is not exactly what you're looking for. But in many cases, there are options to get the condition of the property put in, exactly the shape you want it to be in prior to closing. And I encourage you to think through those options. Good market for sellers.
1700 closings, 1,156 homes, one outta contract last week. The market's still brisk for sellers. Market is also providing good opportunities for buyers as inventory continues to rise. As we discussed on last week's show. Inventory was at about two months worth of inventory this time last year, about two weeks worth of inventory the year before, and about 2.2 months worth of inventory right now.
So anything under four months worth of inventory is a seller's market, meaning the sellers should have a particular advantage in those in markets when your months of inventory is less than four. If you've just joined us, you're listening to Go Gaddis Real Estate Radio right here on AM nine 20. The answer next up is our, something you should know about Metro Atlanta Segment.
We're featuring Booth Western Art Museum in Cartersville. I have never heard of the Booth Western Art Museum, and I know a lot of you are thinking, well, Cartersville not Metro Atlanta. But the reality is it's not a long drive up. 75, the world's largest permanent exhibition space for Western art. It is located in Cartersville, Georgia at the Booth Western Art Museum.
It's been open since 2003, and it's located again just north of Atlanta, along I 75. The booth, as it's called, is the largest museum of its kind in the Southeast and as an affiliate to the Smithsonian Institution. Coming up soon, I will be in Washington DC and going to, uh, visit, I believe three of the Smithsonian Museums.
So that means something when you're associated, I believe. With the Smithsonian Institution, it's 120,000 square feet. It's an architectural wondrous, designed to resemble a modern pueblo. And constructed from Bulgarian limestone booth's, permanent collection of Western art. It's got presidential portraits and letters and civil war art.
It allows visitors to basically see American history. The Booth Booth Museum was started by a family who called Cartersville Home, and uh, basically had been western art collectors for many, many years. It was their wish to share their art with the community, particularly with the young people who might not otherwise be exposed to art.
The museum was named for Sam Booth, a good friend and mentor to the founders of the museum. It's operated under the umbrella of Georgia Museum's Inc. Which includes the Tele Science Museum, which we discussed a couple of shows back, and also the Savoy Automobile Museum, which we haven't discussed on the show, which we will be discussing on the show soon.
Since opening. Listen to this, just under 1 million people have visited the booth. That's a lot. It was named Best Art Museum by U S A. Today's Reader's Choice Award Program in 20 20, 20 21 and 2022. The permanent connect collection covers more than a dozen galleries, showcasing legend, legendary artists such as, uh, Frederick Remington, Charles Russell.
Um, also Howard Terp, Tering, T e R P N I N g. Tering. Tering, I don't know how to say that. And Andy Warhol also includes the Millar Presidential Gallery, which displays a portrait and original hand signed letter from each US President George Washington through Donald Trump. Visitors also can experience American heritage through several annual events each February.
The for the love of Art Galley Gala, weekend features Live and Silent Auction. Live and Silent auctions. Uh, it's designed to generate funds needed to help support the museum's mission. October brings the annual West Fest with Native American dancing, gunfight, reenactments, art history, lectures, and a Western marketplace, and so much more.
There are some things that are better experienced than explained, so look it up Online Search booth. Western Art Museum in Cartersville, Georgia. You can explore the West without actually leaving the south, which I think is pretty, pretty cool. Have you ever bought anything off of Facebook marketplace or maybe Craigslist and thought it, the item may be stolen?
A listener wrote in saying, I saw a news report about a homeowner who had not moved into his brand new home. And Thief stole the home's high-end appliances. What tips can you give us to avoid that from happening to our family? And are there concerns that those items might end up on Craigslist? Well, I will tell you, I, I would say that it's unusual.
Uh, my, I, I, I don't have a degree in criminology and I've not done any research, so I'm just giving you my best guesses. But my thought is, is pretty much most things that get stolen, either get used by the thief who stole it, or probably more often get converted into cash. Uh, I would imagine that that's what the thieves in many cases are looking for is, is the cash.
So they have to have some way of turning the item into cash, which means they have to sell it to somebody. Interestingly, and I, you may or may not know this, I was not aware of this until I did some research 10 years ago, 12 years ago. But if you buy stolen good, you are guilty of a crime as well. I think if you unknowingly.
Buy stolen goods is probably not a crime, but if you knowingly buy or buy items you know are stolen, then you are committing a crime as well. So we all have to be careful. Uh, I see things constantly listed for sale on Facebook Marketplace. I used to visit Craiglist every once in a while. I don't do that anymore.
So really the only place I am solicited for items for sale is on Facebook marketplace, and that's one of the things that I constantly worry about is, man, that looks like it's a good deal. Or that's too good of a deal to be true. And I really, I think in some cases, well, if it looks too good to be true, it might very well be too good to be true.
This question was submitted by Alfred and Milton again. Uh, what tips can you give us to avoid that from happening to our family? Well, this is just Cleve giving you his suggestions. Number one, you should install a security system. I have a security kit system in my home that monitors all windows, all doors has cameras out the front, cameras out the back cameras in the main living areas.
Uh, I had four daughters living in the house, only two living in the house at one time. Lately, they didn't love the cameras, but he had the ability to turn 'em off on the inside. Take pictures of all of the items that are important to you. Keep a log of the serial numbers. And then if you're away, set automatic lights to come on and off in vacant homes.
I live in a town home, so I've got neighbors on both sides of me, so I think that makes it a little bit more secure. Also, have a gated community, which might make it a little bit secure as well. But, uh, as you're looking to buy something online, I say research the heck out of it. This segment is brought to you by John Burchfield and Capital City Home Loans.
John makes it his mission. The guide to each home buyer step by step through the entire loan process so they are educated and confident in the mortgage options available and can make the best decisions along the way. His number 6 7 8 2 2 6 7 8 8 7. If you're looking to sell your home anytime in the next six months, right here in Metro Atlanta, anywhere in Metro Atlanta, we believe we can sell your house for $28,000 more than your neighbor sold his or her home for.
How do you find out more? Just go to go gaddis radio.com. That's go. G A D D I S radio.com. Click on $28,000 more. Put in a little information. I'll reach out to you myself and talk to you about how we believe we can put more money in your pocket. Comes with up to a $15,000 allowance to have improvements made to your home that you can pay back at closing at no cost.
Boy, talk about something that'll improve your sales price. We're going to take a quick break when we come back. My business partner, Kristy Vallee. We'll be a guest here with me on this show, and we're gonna talk about a new Zillow offering called Zillow Listing Showcase. Stick with us. We'll be back.