Plaza Midtown

State Of The Union: March 2015: A building by building update

It has been a while since I painted some color building by building.    That said, I wanted to run through the latest happenings and prospects of various buildings around Midtown and Buckhead.    For the most part, the economics remain the same.    There is no new supply to the condo market, and as the economy improves month by month incremental buyers continue to enter the demand side of the equation.       Of course I say there is no new supply, and there really has not been any condo building of over 40 units built in the past 8 years, but there is one development finally coming...

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,...

Midtown Condo 2 bedroom prices moving up

Ok, so I was looking on the Real Estate system today (August 17, 21012) and noticed something of interest.      There were no true 1100 sq ft+ 2 bedroom glass condos on the market for less than $300k.   This is a first I have seen this since 2009.    In the Fall of 2008 it was nearly impossible to find a true 2 bedroom for under $300k at any of the glass Midtown buildings namely – Viewpoint, Spire, 1010, Plaza Midtown, Luxe, Aqua, and Metropolis.       It seems that this month we have recently started to see this play out again.   There are NO 2 bedrooms under $300k on the...