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Condos for Sale in Atlanta GA

Foreigners racing to buy American Real Estate

Everyone wants in on the US Housing Market. The yield returns are here! I routinely speak to many investors from places like China, Isreal, and India and in all of those markets price appreciation is really the sole source of income. Here in the US yields, excluding price appreciation, routinely are in the very high single digits if not more. ATL Condo Deals is here to help those who wish to exploit the opportunities currently being presented by vast amounts of foreign money flooding the market.     This coupled with a lack of new supply, and an improving economy with more and more Buyers,...

Foreigners racing to buy American Real Estate

The housing market, picking up steam yet again. And other ramblings….

The housing market was relatively tame.  In fact tamer than normal for the slow periods of January and February.   As this article points out, those who came out of the woodwork when the interest rates declined, have noted another jump in prices.   In daily discussions with other brokers, we talk through different buildings and when they are breaking out in value.   In same cases, like one of my current listings, it is just a matter of a new contract price, and more importantly its appraisal, sticking and closing.   As these continue to close and prices per square foot make new highs,...

The housing market, picking up steam yet again.   And other ramblings….

Spring 2014 Midtown Glass Highrise Update

Well 2014 is moving right along.  Although it did in fact start slow, the market has seen a ramp-up over the past 30 days.   The poor weather, and interest rates that had started to creep up in January likely put a damper on Buyer’s spirits.     Rates have since come down, thanks to the Ukraine struggles, and people are back in the business of buying hard assets.   In this case Condos.  Working with a number of Midtown Buyers now I have a real good pulse on how the market is trending.      Looking in the system today.   There 100 units listed and pending for Viewpoint, 1010,...

Spring 2014 Midtown Glass Highrise Update

Highrise views, new developments and their effect

Over the past few weeks in Midtown the potential for a new luxury highrise rental tower between 5th and 6th on Peachtree has been the talk.    Since the curbed.com article came out, many have been asking about the potential for this new glass building.  I would find myself fielding calls (early on a Saturday no less) from other Intown Condo Agents on the potential for this to be built.   As I have told my clients, yes I was under the assumption that it was zoned for 14 stories, and that the only place we have seen this blogged was in curbed.com.     One of my clients just closed on a...

Highrise views, new developments and their effect

The Atlanta Dining Guide 2014!

As 2014 kicks off, I figured I would denote a few of my top picks in Atlanta.     This is perhaps loose, perhaps a little less structured, but should at least have a place or two to put on your short list.     Many of my clients are relocating to Atlanta, or are staying in one of my Corporate style, fully-furnished units that I either own or manage.   Thus, I figured this would be a great resource for them going forward.   Probably the best list that is continuously updated would likely be the Atlanta Magazine list. http://www.atlantamagazine.com/50bestrestaurants/home.aspx That said,...

The Atlanta Dining Guide 2014!

Atlanta remains the number 1 moving destination

This came out late last week, I was just too busy to post it.  Penske’s Moving Division came out and said that Atlanta was the top destination (net inflows of moves) throughout the US for the 4th year in a row.     Indeed, with the recent corporate relocations of companies like Pulte Homes, Porsche North America, and others Atlanta remains one of THE growing Metropolises throughout the nation.     Here is the link to the article. http://www.businessinsider.com/penske-2013-moving-survey-2014-1 January, with regard to real estate listings, sales, and prices, all have been steady.  ...

Atlanta remains the number 1 moving destination

2014 Begins

2014.  And so it begins, the same way 2013 ended.       Georgia ranked 5th in the Nation for home price appreciation in November.     The Atlanta Metro home prices were up nearly 16% November 2012-November 2013.    Atlanta condos for sale are seeing particular interest by Buyers.      Within Midtown Atlanta many Condo buildings have seen prices increase over 20% It is not too late to take advantage of this housing correction to the upside.     CoreLogic Research predicts that home prices Nationwide will rise 11.5% for 2014.     That is the largest increase since 2005.   ...

2014 Begins

State of The Union Year End 2013

The year is quickly coming to a close.      The last client Sale Transaction close for the year was last Friday.   My clients closed on a very nice three story new Duplex style home in the 4th Ward just steps from Inman Park and the Highland Bakery.    With that close it brings the ATL Condo Deals volume for 2013 to $7,000,000 worth of sales transactions.   This of course does not include the rental, or management fee revenue for the year, thus 7 million is a very strong year and is in fact the best year yet for my firm. 2013 being the strongest year should be no surprise.     For...

State of The Union Year End 2013

State of the Union November 2013

It is November 2013 and it is COLD.  It was a low of 25 this morning.       The Condominium and Single Family Home market has finally cooled off a bit as well.    Both listings and contracts for sale are slowing down across Atlanta with the seasonality taking its toll.   Nevertheless my clients are still obtaining some of the best values out there at some of the best buildings.  between October and November my clients are purchasing over 1 million dollars worth in 1010 Midtown, Buying and Selling nearly 1 million dollars worth in The Viewpoint, and are also buying homes in the East...

State of the Union November 2013

Skin in The Game, and other Real Estate musings

So about two months ago I was showing off a nice 33rd floor Viewpoint corner listing of mine.   My listing has since sold for 98% of the listed $384,900 price.   That said at the time I had a number of other Agents come and bring their clients to the property.    One Agent, whom I had dealt with a number of times but never in person was showing his client my listing while I was there.       At the time I asked him where he lived, and he proceeded to tell me that he leases a place in Buckhead.    I was really surprised to hear this, and immediately I proceeded to let him know that...

Skin in The Game, and other Real Estate musings

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