Short Sale
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...
Foreclosures 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 Real Estate to help my Buyers purchase, and to purchase for my own portfolio. With a foreclosure, historically the price has often been below market and depending on how long the property has been on the market, considerable concessions could be had. Recently, one of my clients...
The Brownstones At Lindbergh large Townhomes over 2300 sq ft under $350k!
These are brand new LARGE brick townhomes with over 2300 square feet! At under $150 a square foot, and with only a $99 a month HOA fee, these are a bargain. it is no wonder that these are already almost sold out! 20 out of the 30 townhome slots have SOLD! These are Fee Simple as well meaning that you can lease them! Rarely do you find intown townhomes over 2,000 square feet under $400,000. These units in the low $300k range are a good deal. Having listed and sold a number of the smaller Sera townhomes in the low to upper $200k range I have a pretty good sense...
Spire
This building, completed in late 2005, is a precursor to Viewpoint. I liken it to the stepbrother of Viewpoint. As for the amenities, the gym and pool are lacking compared to Viewpoint. The pool is on a lower floor, and has a tall gate around it. The gym has everything you need in terms of cardio and weight training equipment, but it loses points for being compartmentalized as opposed to an open space like Viewpoint, 1010, or Metropolis. The clubroom (though a tad smaller), theater, and views are just as nice as Viewpoint though. The good news is that this building is still...
