2015 – Atlanta will be one of the top Housing markets.
A friend forwarded this link showing the Atlanta market with an estimated +11% housing price growth forecast for 2015. http://money.cnn.com/2014/12/04/real_estate/hot-housing-markets/index.html?sr=fbmoney120514housing0900story I do find the forecast interesting. I suppose with a broadening of job growth across skills levels will lend more growth to opening price point housing options. Both the rents in the Atlanta [...]
Read MoreViewpoint Condominium October 2014 market update
The past year has a flurry of activity within The Viewpoint. Prices took a leg up of approximately 10% late in 2013, early 2014. It was interesting since then, as many original owners, and those who were able to buy units on the cheap in 2010 and 2011 were able to sell and break even, [...]
Read MoreResidential home and condo interest rates now at their lowest point in over a year!
Uncertain economic data, Ebola or whatever the case, interest rates are dropping. Not since May 2013 have we seen rates that are as of today hitting as low as 3.75% on a 30 year mortgage and 2.875% on a 15 year loan. To put that in perspective lets talk a $150k loan, with say 20% [...]
Read MoreBuckhead Atlanta Development is now OPEN!
2005, nearly ten years ago, I was in Manhattan working in the Fashion Industry as a Merchant for Lord and Taylor. At the time, although I had never been to Atlanta, everyone in the fashion industry was aware of the “Streets of Buckhead” Development to come. An onslaught of better brands, high end restaurants (think [...]
Read MoreNew Viewpoint listings! One alread under contract in 3 days!
I have been very busy working with many Buyers the past few weeks, and bidding on properties for my own portfolio. That said, I did want to note a few of my firm’s recent listings. One is unit 3005 at Viewpoint which is a 2 bedroom, 2 bath on the 30th floor. It was listed [...]
Read MoreSeptember 2014 most attractive condo listings
September is here! I am busy working with a wide variety of clients, and up posting a few new listings this week. No travel the next few months, work is busy, busy. I have intentions of getting this blog back in gear, and posting more often. In the meantime I wanted [...]
Read MoreA new study on Renting vs. Buying Nationwide. Again Atlanta comes out as a Buy!
This study was published last week. And although I consider it somewhat flawed since it tracks absolute dollar differences, as opposed to percentage differences, it still has relevance. With the dollar differences, the larger cities like NYC and more expensive markets like Hawaii are of course going to be more expensive to own, especially when [...]
Read MoreOpening price point high quality alternitives to renting in Midtown and Downtown
As many know I moved to Atlanta about 6 years ago. I had negotiated for 3 months of corporate housing, and after my first few weeks here I set out to look into housing options. What I found at that time was that the rental markets in both Midtown and Buckhead were quite expensive. I [...]
Read MoreIntroducing ATL Condo Deals’ newest agent…Jennet Lemma!
Jennet Lemma, CPA is the newest member of ATL Condo Deals team. She has a background in corporate accounting and finance. She has been a resident of Atlanta for the past 8 years and has a passion for the city and what it has to offer. She focuses on the sales and rentals of condos, [...]
Read MorePeople are flocking to cities worldwide at a faster pace then ever.
I found this research today on America’s top 100 Metropolitan areas. It made me reflect on how 15-20 years ago as the internet was first exploding many pundits said that the advent of the networked economy, coupled with Starbucks expanding to distant suburbs would make the Metropolitan experience less relevant. Couple this trend with things [...]
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