Midtown Atlanta Condos

State of the Union Summer 2015: Prices are up, up and away – To the moon I say!

Everything is rising, especially homes and condos within the Perimeter.   Prices, in many cases, for many buildings, are now at pre-ression levels, and some buildings are hitting all time highs.    Continued record low interest rates, a lack of new housing supply for sale, an improving labor market, and rapidly advancing Atlanta Metro rental pricing has pushed more and more to home ownership.      The field is so crowded not that most properties are going under contract at or above list. Of my current/past ten Real Estate Brokerage transactions all have either gone under contract at (or...

State of the Union Summer 2015: Prices are up, up and away – To the moon I say!

Viewpoint 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, if not make a handsome profit.     The announcement of possible construction on the Peachtree block between 5th and 6th street also spurred some selling midway through the year.     I am happy to point out that for the most part that selling has now abated, and remarkably prices never declined, and...

Viewpoint Condominium October 2014 market update

Opening 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 had predetermined that Midtown made the most sense for me.    I really don’t know why I was so quick to shun Buckhead.    At the time I think it was really just mostly the walkability aspect.     Perhaps it was the early experiences in Atlanta.  Staying at the Intercontinental Buckhead, I...

Opening price point high quality alternitives to renting in Midtown and Downtown

State 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 worth up to $100k more then what they paid just this time last year.     Many of my Condominium Buyers of $200-400k units are also up $40-50k in the past 12-18 months.     In such a lackluster economy how has this price appreciation taken...

State of The Union: Summer 2014

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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

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

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

1010 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 Branch was the only slot on the bottom floor which was not currently held by 1010.     Thus the remaining tenants including CB2, Mi Cocina, Piola, RiRa, Ra Sushi, Panera Bread, and soon to be announced dining destination from an “in” chef, all were included in this 15 million...

1010 Midtown sells entire remaining commerical portfolio of 38,000 square feet

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Half of 2013 is just about in! The market remains very robust!

So June is well under way, and I am happy to say my firm already has over 3 million in deals closed this year by the end of June.     My clients have been able to receive the best of the best in terms of Highrise, Midrise, Loft and Investment values this year.      When seeking a Condo for sale in Atlanta GA, there is nowhere else to turn.   Interestingly, as I was surfing last night I noticed a new Real Estate site.   There are in fact many in the past few years that attempt to rank firms, brokers and agents and apply various degrees of analytics.      As many of you know I...

Half of 2013 is just about in!   The market remains very robust!

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