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Atlanta, GA Real Estate News

By Lynn B. Friedman CRS Atlanta, GA 404-617-6375, Concierge Service for Our Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty - Love our Great City - Love our Clients! Buckhead - Midtown - Westside)
Antes de enamorarte de una casa,obtén la preaprobación. Seamos realistas: has estado navegando por Zillow, Realtor, MLS —o cualquiera que sea tu sitio de referencia— a altas horas de la noche, simplemente «echando un vistazo». Así es como empieza todo. Si ya has llegado a ese punto, es hora de obtener la preaprobación hipotecaria.No se trata de comprometerse a comprar de inmediato, sino de conocer tus números. Un prestamista analiza tus ingresos, deudas y historial crediticio para ofrecerte un rango real y concreto, no una simple suposición. Una vez que tienes esa información, tu búsqueda se vuelve mucho más precisa: dejas de perseguir propiedades que no se ajustan a tu presupuesto y evitas que se te escapen aquellas que sí lo hacen. Y aquí es donde la gente suele cometer un error de cá...
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By Randy Barnes
I have four active seller listing presently and all are nice homes at a good price. Nobody's getting activity (showings).  I call the agents in the areas I have listings and ask about their experience but keep hearing the same woes. Where are the buyers.  Atlanta is growing by about 1,000 per month, [intown, per ARC #s] and they can't all be living in Post apartments?  First time buyers take note.  I have a lender partner with 400,000 dollars to give as free grants and millions more to lend at low rates even with no money down.  This is the time to act. Get off your butt and call me. Let's get this party started. Blood is in the streets and we're at the bottom. You 'll never have a better opportuity than right now!! Best wishes!
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By Joshua Jarvis, Moving Families Forward.
(Virtual Properties - Atlanta Real Estate)
I saw this flash up on my screen as I checked my mail.  Another naysayer, we'll see in two years what happens.   -----Not only will the housing market not turn around for the next two years, Moody's believes it will be weak when it finally does come back."Our current thinking is that the downturn, currently two years in the making, will last until 2009, with any sector recovery likely to be sluggish for some time after that," Joseph Snider, senior credit officer at Moody's, said Monday.This, in turn, will likely lead the agency to downgrade its ratings on many publicly traded homebuilders, Moody's said, after already downgrading nearly all the public builders over the past few weeks.In the past month, the dramatic meltdown in credit and lending conditions has raised the possibility of a...
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By Joshua Jarvis, Moving Families Forward.
(Virtual Properties - Atlanta Real Estate)
The current upheaval in the market has given rise to significant opportunities to help your clients make informed decisions. Tom Sherman, President of Mortgage Services Unlimited in Dallas, emphasizes the importance of educating clients. For your sellers, the following points are key: Home values will stay stagnant or potentially decrease. Qualified borrowers are looking for deals. Fewer borrowers are qualifying for home loans. Rising foreclosures tend to negatively affect home values. Increased "days on the market" (DOMs) increases the likelihood that buyers will aggressively negotiate prices down. Continued stress in the financial markets will affect consumer confidence. Loans may take longer to close. Appraisals are becoming more difficult to obtain. Properties should be funded befor...
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By Our Home Team SunCoast, LLC
(Keller Williams Realty SunCoast)
Several things to catch up on for neighbors. First a notice from Courtney Jones regarding a lost pet cat: A white, gray, and tan short haired cat (medium build) has been hanging around our house (2349 Hurst Dr.) It seems to be domesticated b/c it is very friendly and affectionate, but has no tags. We were wondering if anyone has lost their cat? He/she (we can't tell what the gender is) is so beautiful and sweet, we'd hate for someone to be missing it...Please contact Courtney Johnson [courtneyej@gmail.com]. · A note on a recent theft: FYI - I just received a call from the homeowner at 134 Springdale, telling me that the contractor redoing the house at 142 Springdale had $3000 of tools stolen sometime after 1600 on 9/5 (Tuesday). I don’t know whether the contractor reported it or now. He...
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By Our Home Team SunCoast, LLC
(Keller Williams Realty SunCoast)
The information below was sent out to all Peachtree Hills members from the management of Peachtree Hills Place. 1.) The weeding of the roadway planter beds was completed today. This included weed eating of the area of the future fountain. The mulching of the roadway planter beds and the fountain area will take place next week. The weeding and cleaning of these beds will take place on a weekly basis. We can remove the dead hollies if the neighborhood association would like us to. Just let me know. 2.) We will finish the had cutting of the weeds and vines in the rear 5 acre nature area tomorrow, Next week will beginning the machine cutting and spraying of this area. This work will take the whole week to complete. We will respray this area several times over the next several months. 3.) W...
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By Jill Heineck, Jill Heineck, CRP
(Heineck & Company @ Keller Williams Realty First Atlanta)
Why is it that it is so easy to get sucked in by naysayers? Naysayers include, but are not limited to, the media, other agents, clients, brokers, friends, family - the list goes on. In order to stay focused on a high-level business, with top-botch customer service, you need not give the time of day to these naysayers. One way we combat this in the office is to continue our daily customer service and lead generating programs with smiles on our faces - as we lock ourselves in our corner office - and proudly hang the Do Not Disturb sign. It is imperative to separate yourself and your team from the negative energy that surrounds you and your office. Another way we combat this is this: when we are asked by clients or colleagues, "How is your business?" or "How is the market?" - our answer is...
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By Nancy Brenner, Roswell Georgia Real Estate Agent
(Referral Associates of Georgia, Inc.)
Is there a connection between land use and obesity?  Lawrence Frank, a University of British Columbia researcher, seems to think so.  Researchers say there is a need for more exercise-friendly places to live.  It appears that these are in older neighborhoods, located in more urban areas.The article, titled Exercisers Stuck in Unwalkable Settings, also says "some people can't afford housing in walkable neighborhoods, where homes can cost up to three times as much as similar housing in non-walkable areas."Who do you know that wants to buy or sell Real Estate??? Nancy Riveramailto:RoswellGaRealtor@gmail.com RoswellGaRealtor.GeorgiaMLS.com Cell:  404-229-8721RE/MAX Leading Edge   4401 Shallowford Road  Ste 154    Roswell, Ga  30075-3175 Office:  770-552-6501     Fax:  770-552-6503
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By Home Partners Panorama Press
(Home Partners and Panorama Press)
How a local merchant, will only sell cabinetry free of Melamine and still compete with large box stores. AtlantaDiscountCabinets.com is now melamine free. Atlanta, Georgia- Melamine has been in the news of late with the revelation that it was a contributing factor in the deaths of thousands of pets in the much publicized tainted pet food scandals originating in China.  It seems that melamine was added to pet food to increase the Nitrogen levels as a means to artificially raise the levels of protein that are used in pricing pet foods. Subsequently, many pets got sick and died from kidney failure. Other than the obvious danger to food supplies, Melamine may be a danger to humans in their own homes. Melamine is low pressure laminate resin consisting of a white crystalline organic base. Mel...
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By Ryan Ward
(Keller Williams Realty Consultants)
The Atlanta Real Estate market, like many around the country, has seen several years of above average home appreciation. Sellers have enjoyed steep profits from selling their homes and using the revenue to upsize, pay off debt, pay for college or enhance their retirement options. Following traditional economic cycles, this trend has now shifted in favor of the buyer. If you have been sitting on the fence, undecided, waiting for the right time to buy a home, now is the time. Here are 5 reasons why.Inventory - Supply and demand mandates that on a whole, when supplies go up, prices come down. The supply of homes competing for buyers has been on the rise all year. Home sellers have offered more incentives to attract buyers from other homes.Interest rates - Mortgage interest rates remain at ...
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By Joshua Jarvis, Moving Families Forward.
(Virtual Properties - Atlanta Real Estate)
From Personal Newsletter:August ended up being a strange month. If you ask any seasoned Realtor about the market most of them will tell you it's just plain "weird." We've had worse markets, we've had better, but this one is just strange. It's not bad per se, just diferent. New challenges with financing, new challenges with people's perception. I had an attorney reject a certified check, that's a first. As we head to Fall, my favorite seaon in Atlanta, we'll see what this market holds for us this year. Last year, Fall was my best season and thank the good Lord, because I didn't see many sells at all last Winter.
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By Joshua Jarvis, Moving Families Forward.
(Virtual Properties - Atlanta Real Estate)
As a Georgia Tech alum, I love hearing great news about my college.  Although, I am not "practicing" the trade I learned, I am using all of the tools GT gave me. With this news announcement, it continues to make a great case for college students and their parents to move to Georgia for more than just the low cost of living and great weather. Georgia offers several great college options.  Georgia Tech, Emory, University of Georgia, Georgia State and now Gwinnett College are all within 1 hour from Atlanta. Georgia Tech has received its highest ranking yet from U.S. News & World Report.In the magazine's annual "Best Colleges" issue, Georgia Tech ranks seventh among the nation's public universities for undergraduates - the highest ranking in the Institute's history - and is among the top 10...
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By Michael Wright
(ATL Agent, LLC)
International Retailers, in recognition of Atlanta being/becoming more of an international city/destination are bringing their stores to town - Lenox Mall to be more precise. Anicipated new residents to one of Atlanta's hippest malls are:  Spanish fashion chain Zara, Britains Lush, Rachel Ashwell Shabby Chick. Zara is a trendy style closing store at moderate prices, similar to H & M going in at Atlantic Station. Lush's products vary from bath bombs to moisturizers, to gift sets.  Shabby Chic will offer custom slipcover furniture, bedding, lighting, vintage furnishing, baby bedding an home accessories. In addition, Calvin Klein will open a retail unit.  Currently the brand you see in department stores are licensed and manufactured by others.  "The new stores will carry products exclusiv...
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Ever try to make sense or monthly home sales in your market?  You have not made a sale in months, units sold are in the tank, and yet the latest monthly statistics show the average home price in youar area is rising?  How can you explain this to a homeseller that you are trying to get them to price their home to sell so it is not on the market for 5 years!  How deep do you go into the sales statistics to see what is selling?  Before we get ourselves crazy, it is important to step back and think it through.  There are always real answers for our questions!  Here is my take on the numbers. What the numbers do not tell you is if the sellers made a profit?  Did they make money or lose money?  Since this is a buyers market with an exponential amount of homes for sale, and many of them are no...
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By Carol Meyer, Everything I Touch Turns To SOLD
(BellaHomesFlorida, Inc.)
Anyone listing their home with me this month (September), will get a full one year home warranty with an upgrade from me.   Carol Meyer"EVERYTHING I TOUCH TURNS TO SOLD"
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
In real estate there is an old rule that hasn't been used in along time.  It is called "Cash is King!"  For those that have not weathered storms in real estate...perhaps you should make note of it.  The cash buyer is coming back after a long sabbatical.  They have liquidated other assets and are in a great position to buy on their own terms.   They are not impulsive buyers, but rather they are calculating, and have all the facts at hand.  In the coming market buyers that have cash will be in the drivers seat.  For sellers that are up against pressing debt, or are behind in their mortgage obligations they are looking for quick relief.  Well here is their knight in shining armor to the rescue!  A buyer that is ready and able to buy a home and a buyer that does not need to rely on the whim...
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By Thom Abbott, Midtown Atlanta GA Condos For Sale
(MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living)
 As I sit here, 27 stories above the hustle and bustle of Midtown with that picture out my window (yep, just took it 10 minutes ago!) I remember back to my thoughts of how I could ever leave my suburban home, for "city life." Now let me explain something first....I grew up on a 200 acre ranch in Montana!!! You can't get much more room around you than that! But, my home in the "burbs" here, is only 7 miles or 10 minutes from Midtown, depending on which way you want to measure it. A California-style ranch, built in 1960 that I have been renovating for a few years. 1800 sq.ft with 3 bedrooms, 2 baths, hot tub, big yard with lots of trees, fishpond and my gas grill! It's pretty cool! Now, after a day of walking to the High Museum to take in the last day of the Louve Exhibit, then to Joe's o...
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
I think in the Atlanta real estate community we can all agree that the Atlanta real estate market we've known it for the past few years has changed.  Homes in Atlanta area not selling as they were last year.  It is a buyers Market without Buyers! There are over 114,000 homes listed for sale in the Atlanta market, Each month the sales are now starting to be exceeded by the expireds and withdrawn listings. That is not even tapping into the foreclosure and Atlanta new homes market.  However, no need for alarm, it is just part of a business cycle that is neither all up, nor all down.  For those that are new to real estate it is always the end of the world.  However, homes in Atlantaare still selling!  Which ones?  Well for one our listings are.  The homes that are selling in Atlanta are the...
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By Al Maxwell, Real Estate Agent
(Keller Williams)
 In case you missed it, here is an article from today's (August 31, 2007) ATLANTA JOURNAL AND CONSTITUTION. While many parts of the country are hurting, especially with new construction and high end properties, parts of Georgia are still prospering. It's addressing the real estate market in Atlanta where the high-end properties...over $ one million are still selling at a brisk pace.Here is the link. If you need any additional information, please let me know.Al MaxwellColdwell Banker Atlanta770-988-3453http://projects.ajc.com/gallery/view/business/million0830/ 
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
If anyone is looking for free content for their real estate website, there are loads of items that can be added to your real estate site that are free. A favorite of mine that I've been using for years is Weather Underground free local weather.  I've used it on our Atlanta real estate website!  I place it on our local pages for different cities, and on our Atlanta local information and Atlanta Golf Pages.  It is basically some code that you copy and paste and then publish!  That is all !  Here is the link where you can find the code to add to your own real estate website. Search under Zip Codes then Free Stickers for your website!  That is all !  Choose the style you want, and copy and paste that code into your own site!  It will look like this: It allows the users to take Atlanta weat...
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By Joshua Jarvis, Moving Families Forward.
(Virtual Properties - Atlanta Real Estate)
By now you've seen this video everywhere.  I'm especially fond of this particular one because of the subtitles.  It may be a bit trite or perhaps cheap and cheesy to post something about this but it really got me thinking. Now say what you will about this contestant.  There's probably a thousand answers to why she answered the way she did, but let's just assumed that she TRIED to answer the question and this article assumes that she was TRYING TO SOUND LIKE SHE KNEW A GOOD ANSWER.  In fact, I'll go one step further and state that she was trying to make a politically correct answer as well.So where am I going with this?  Well, let's review some of the questions we get everyday and see if you see what I see. Q: What's the ethnicity of this neighborhood?In Georgia, I get this question 90% ...
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