Viewpoint

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 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 volume for 2013 to $7,000,000 worth of sales transactions.   This of course does not include the rental, or management fee revenue for the year, thus 7 million is a very strong year and is in fact the best year yet for my firm. 2013 being the strongest year should be no surprise.     For...

State of The Union Year End 2013

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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

Skin 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 dealt with a number of times but never in person was showing his client my listing while I was there.       At the time I asked him where he lived, and he proceeded to tell me that he leases a place in Buckhead.    I was really surprised to hear this, and immediately I proceeded to let him know that...

Skin in The Game, and other Real Estate musings

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The 2013 Fortune 500 List – Atlanta Companies and what they mean for Real Estate

A few weeks ago I received my copy of the 2013 Fortune 500 in the mail.   Only today while killing some time at Grindhouse Burgers in Buckhead was I able to get a good look through it.    Before delving into 2013′s list and what it means for Atlanta let offer some background with regard to my thoughts on the list, the companies and what they can mean to a local real estate market. Let me first start by mentioning my thoughts six years ago,  when abandoning NYC in 2007 I told my many friends in California and New York about how Texas was leading the nation not only in new job growth,...

The 2013 Fortune 500 List – Atlanta Companies and what they mean for Real Estate

State of the Union- Market Update Q1 2013 – Up, Up, Up and Off to the races!

So where shall I begin.     The Atlanta Real Estate market is now for sure up, up, up and away.     A little less than 4 years ago I left a solid track record of corporate jobs and decided to dive into Real Estate as both an Investor and an Agent full time.   The move was somewhat risky at the time, but would prove to be both exciting and at very least something new.    Fast forward to 2013 and last year I was the top producing Agent out of a firm of over 100.    My knowledge, expertise and care with regard to my client’s needs has helped me attain my role as one of the top...

State of the Union- Market Update Q1 2013 – Up, Up, Up and Off to the races!

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...

Midtown Condo 2 bedroom prices moving up

Viewpoint

This building, which opened in 2008, is now sold out. It was the best selling building in Midtown. I purchased my unit in January 2009 and am VERY happy with my 25th floor unit. The value is definitely there in terms of views, quality of people, amenities package, and the quality of construction for the price. It is my opinion that Viewpoint and 1010 will be buildings that people will be talking about well into the future. The sky was falling when I contracted to purchase my unit in December 2008. So why did I purchase? Because I knew that this building, being one of the tallest, newest, and nicest...

Viewpoint

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