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 [...]
Read MoreState 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 [...]
Read MoreSkin 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 [...]
Read MoreForeclosures Vs. Relocations, Vs. Shorts Sales and Approved Short Sales
As I meet with Buyers, especially new home Buyers I tend to relay this message over and over so I thought I would just blog it on here today. In this post, I am going to walk through the four kinds of “distressed sales”. 1.) Foreclosures Foreclosures are historically one of my favorite kinds of [...]
Read MoreAtlanta home price continue to rise
The Case Schiller Index numbers for July came out today. Atlanta was 5th out of the 20 cities in terms of year over year growth. At +18.5% for the Metro Area, times are good for those who own Real Estate. The inventory of condos, and homes is down significantly from last year. See the link [...]
Read MoreThe Atlanta Beltline’s primary beneficiary: The Old 4th Ward District
Happy Monday to all! I spent the weekend enjoying the final rays of summer. The pool at Astoria, dinner at Rathbun Steak, and walking around the both Old Forth Ward and Inman Park. All I have to say is WOW! Old 4th Ward is clearly becoming the hottest neighborhood in town. The pricing action on [...]
Read MoreAugust 2013 Best Condo Deals
OK, so I really have not been blogging as much as I would like given how busy I have been this summer. That said, I am going to try and starpooolt noting the best ATL Condo Deals monthly. This will a rough patch primarily focused on Atlanta Intown condos with a particular emphasis on Midtown, [...]
Read More1010 Midtown sells entire remaining commerical portfolio of 38,000 square feet
OK, so this just hot my inbox at 3AM Saturday morning. It seems that 1010 Midtown finally sold all of their retail in the building. Looks like the 38,000 square feet went for just under $400 a square foot. Upon first glance, I think that sounds like a pretty good price. The Bank of America [...]
Read MoreIncreasing Demand for Luxury Condos in Atlanta. As reported by the Wall Street Journal August 2013
The Wall Street Journal focused on the Ultra-Lux ATL Condo segment last Wednesday. It is an interesting article. All true! Have a look if you missed it last week- http://online.wsj.com/article/SB10001424127887323610704578628143382936034.html The market recovery is well on its way to an even greater shortage of available product next year. Note in the article where is [...]
Read MoreJust released – May 2013 Case-Shiller Housing Index shows the Atlanta Market leading the charge!
Atlanta saw some of the most robust growth for May 2013. Up 3.4% just over over the prior month! Up over 20% over the prior year. As I mentioned in my prior post the rate of growth is finally beginning to subside, but even so the Atlanta market is still FAR OFF of its all-time [...]
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