The latest S&P/Case-Shiller Index report. National home prices +10.8% over last year
Price continue to run, though at a more measured pace when compared to some of the insane year over year numbers that were noted last year. An improving economy, lower interest rates then last year, and housing at a historically affordable level will continue to fuel the markets assent. Particularly in Atlanta where I would [...]
Read MoreThe National housing market: Owning versus renting
A nice numbers based article on owning versus renting. It is interesting to see how the author notes it had actually become relatively cheaper to lease a home from 2011 to 2013. His opinion on tougher lending standards is largely correct, though perhaps less relevant to the Atlanta market. http://www.marketwatch.com/story/the-housing-market-owning-versus-renting-2014-06-24 Recommend on Facebook Share on [...]
Read MoreState of The Union: Summer 2014
June 20th. Summer has started and the housing market remains strong with Condominiums and Lofts very much in demand. The Intown property market for Single Family also continues to gallop ahead at a breathtaking pace. Clients of mine who have purchased new construction Single family starter homes and Duplex units are now seeking their homes [...]
Read MoreForeigners 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 [...]
Read MoreThe 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 [...]
Read MoreSpring 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, [...]
Read MoreHighrise 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 [...]
Read MoreThe 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 [...]
Read MoreAtlanta 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, [...]
Read More2014 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 [...]
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