Astoria

State of the Union Spring 2017: Supply is limited and demand is only increasing!

Spring 2017.     Atlanta Condos, Townhomes and Single Family Homes continue to be in great demand.      For buildings built 2005 and newer, most all of them are hitting new all-time highs.     Buildings built prior to 2005 are split with some hitting new highs, and others still 5-20% below their pre-2008 recession levels.    Continued, historically low interest rates, an ongoing lack of new housing supply for sale, and an improving labor market that is finally surpassing an inflection point, coupled with continued, rapidly advancing Atlanta  rental pricing has pushed more and more people...

Terraces At Peachtree

This is a great value right on Peachtree.  This building was built in 1997 and offers tremendous values in terms of both 1 bedrooms and 2 bedrooms.     1 bedrooms start around $80,000 and 2 bedrooms start around $140,000.   This building offers a nice lobby, club room, small fitness center and a great pool with lots of chairs and  social areas around it. This building is perfect for a college student at GSU, Tech, Emory, or SCAD who is seeking moderately nice accommodations at an affordable price.     HOA fees clock in at around 30 cents a square foot which is pretty affordable.   ...

Considering investing in Atlanta condo? These buildings still have Lease Permits!

OK,  so many of you have come to me asking about investment highrise units, and even midrise condos intown.      This is a recap of what is left to purchase out there for investment purposes.    Basically most all buildings sold out are at their approved HOA mandated 25% rental cap.   You see, if you are coming from Philly, or NY, or Boston, you may not understand the way our condo system works down here.         Basically most buildings in Atlanta work very hard to ensure that the atmosphere does not turn into a bunch or renters running wild ruining the amenities and creating...