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Atlanta, GA Real Estate News

By Anthony Acosta - ALLATLANTAcondos.com, Associate Broker
(Harry Norman, REALTORS® )
  Just Listed! Stylish & Spacious Townhome in Gated Liberty Park   Welcome home to this stunning 3-story townhome in the highly sought-after Liberty Park community on Atlanta’s vibrant Westside! This modern residence features:   Gourmet kitchen w/ granite countertops & sleek appliances Private deck – perfect for entertaining or relaxing Oversized primary suite w/ dual closets & spa-like en-suite Each bedroom w/ private bath – ideal for guests or roommates Premium amenities – 24/7 gated security, pool, dog park & guest parking Minutes from top hotspots – Westside Village, The Works, Top Golf, Bellwood Quarry & more!   Prime location with easy access to Midtown, Buckhead & Downtown Atlanta!   Call/Text Anthony Acosta at (404) 797-9907 Email: Anthony.Acosta@HarryNorman.com Visit: ALLATLANT...
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By Ryan Ward
(Keller Williams Realty Consultants)
The Atlanta luxury real estate market is decidedly in favor of buyers currently with inventories running extremely high which presents a unique opportunity to leverage the market if you have decided to buy a luxury home in Atlanta. The most significant reason for the buyers market rests squarely on in simple explanation of an oversupply of new construction luxury homes. This excess inventory is due in large part to speculative building on the part of contractors who failed to recognize that the most recent real estate "boom" was beginning to reach a tipping point at the beginning of 2006. Neglecting to recognize historical cycles and market conditions, the new construction continued in the luxury real estate market until it final reached the point where the market could no longer absorb...
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By Nest Brokers
(NestBrokers)
NestBrokers blog.
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Whats's with all  the new town homes in Atlanta?  Unlike major cities like New York, Boston, Philidelphia, Chicago, Baltimore, Northern Virginia, and the DC area, until recently... Atlanta has never been a town home city.  Atlanta used to be mostly a single family home town. Why?  I really don't know, but perhaps it is because there is so much raw land that most persons prefer a single family home.  The demographics of Atlanta with a median younger age dictated the need was a two story 4 bedroom 2.5 bath home.  If the builders are building them for the retiring baby boomers, hasen't anyone told them that baby boomers do not like stairs?  And those new elevators don't quite cut it either!But lately, no matter where you turn there are new town homes in Atlanta coming out of the ground eve...
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
You cannot pick up a newspaper, a magazine, or watch a TV news show these days without hearing about a real estate market correction, slowing real estate markets, a real estate bust, declining home prices, or a real estate bubble that has burst!  But are prices really dropping?  No they have not! It is my opinion they are priced totally wrong.For the last year or so we have had a major influx of new agents in real estate that are operating with little or no supervision.  They have taken listings that and reputable full time real estate professional would turn down without blinking an eye, and list the property at what ever price the seller wanted.  If in Atlanta I sold a home in a neighborhood where the medium price was $470K, and sold the home for 480K that is within the norms.  On a p...
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Over the years in real estate it never ceases to amaze me if you present an offer after careful research to the listing agent...  sometimes the other agent gets really indignant and acts as if you insulted the seller.  This happens even if you've done a lot of research on the comps.  Your numbers may be right on the money, it is their expectations that were were not met!  It is always a painful and delecate situation for all because there is emotion attacted to the deal. The agent by law has to present the offer to the seller.  The problem is that the agent is the messenger to the seller.  If they tell the seller it is too low, the seller may just outright reject the offer.  Real estate markets have now changed and will be changing for some foreseeable future, it would be financial suic...
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By Wade Morris, Our Clients are #1
(Southern Classic Realtors)
if want to see every homes listed in Brookhaven, go to the following link - click here for Brookhaven Homes for Sale.  Or if want to find the value of your home with a free, over-the-net home evaluation, please visit: http://www.FreeBrookhavenHomeSearch.com/Click RE/MAX Logo
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By Wade Morris, Our Clients are #1
(Southern Classic Realtors)
Ashford Park, Georgia Real EstateWe here at the Home Source Group of Atlanta, LLC continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Ashford Park real estate statistic for the 4th week of April, 2007New homes on the market 12 Number of homes pending: 4Number of homes closing (sold):  4Number of homes expiring:  2Avg Days on Market: 41To find the value of your home with a free, over-the-net home evaluation, please visit: http://www.FreeAtlantaHomeSearch.com/ or if you wnat to see all the homes that are currently listed in Ashford Park, please visit by clicking the following link at Ashford Park Homes For Sale.If you would like a free list of homes for sale in this area/neighborhood, would like more info...
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By Wade Morris, Our Clients are #1
(Southern Classic Realtors)
Brookhaven, Georgia Real EstateWe here at the Home Source Group of Atlanta, LLC continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Brookhaven real estate statistic for the 4th week of April, 2007New homes on the market 7 Number of homes pending: 23Number of homes closing (sold):  32Number of homes expiring:  5Avg Days on Market: 66To find the value of your home with a free, over-the-net home evaluation, please visit: http://www.freeatlantahomesearch.com/ or if want to see every homes listed in Dunwoody, go to the following link - click Brookhaven Home Search.If you would like a free list of homes for sale in this area/neighborhood, would like more information about Brookhaven, Georgia or would like to ...
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By Carol Meyer, Everything I Touch Turns To SOLD
(BellaHomesFlorida, Inc.)
WOW. GLAD I FOUND THIS SITE. HOPE I GET SOME PEOPLE BELIEVING IN WHAT I DO. I WORK SOOOOO HARD AT IT.  I SELL HOMES THROUGHOUT METRO ATLANTA. I AM A LISTING GURU. I LOVE TO BE CREATIVE BUT VERY FAIR!   
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
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By Ryan Ward
(Keller Williams Realty Consultants)
The Atlanta real estate market continues to be one the best values of any major metropolitan area in the country. The cost of living in Atlanta compared with other cities of similar size is one of the biggest factors as to why the Atlanta real estate market has not stumbled through the real estate slowdown experienced by cities around the country that have real estate markets similar to that found in Atlanta. Another reason for the strength of the Atlanta real estate market is population growth. When you live in the fastest growing area since the year 2000, it becomes difficult to have a serious slowdown in your real estate market. People moving to Atlanta need a place to live and fortunately builders have been up to the task in providing new housing in all areas of the city to give res...
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By Wade Morris, Our Clients are #1
(Southern Classic Realtors)
I recently read in article in KnowAtlanta Magazine that talk about the healthy Real Estate market that we have in the Atlanta area.  Yes we do, I agree.  Most people listen to the evening national news and hear about the Real estate bust across the country.  The problem with that is that Real Estate is different all over the country and in my opinion, it is hard for the national news to say that the entire country is in a Real Estate Bust!  For the last decade or more, Atlanta Real Estate has been growing at a nice steady pace while other markets were having unrealistic property increases.  Atlanta Real Estate continues to be one of the countries best Real Estate markets.  If you want to buy affordable Real Estate, come to Atlanta Georgia!  Visit our website at www.FreeAtlantaHomeSearch...
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By Wade Morris, Our Clients are #1
(Southern Classic Realtors)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Clean SlateWhat good is a tidy home when the cleaners you're using are polluting the environment? Here are some ways to cut back on harmful and toxic cleaning.•·       Do as much as you can with baking soda and water, which are safer, effective cleaners for your tub and shower.•·       Pop a mildewed shower curtain                                                   into the washing machine after presoaking heavily mildewed areas in a bucket filled with 1/4 cup bleach per gallon of water (make sure it's safe for the fabric first). The solution can then be used on other bathroom surfaces. Hang the washed curtain back up in your bathroom to dry. Ventilate well when working with bleach.•·       Vacuum floors, or dust-mop them with a m...
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By Wade Morris, Our Clients are #1
(Southern Classic Realtors)
Better CredentialsThere are over one million REALTORS® in business today. So if you want to find that one-in-a-million REALTOR®, start with the over 37,000 who hold the Certified Residential Specialist Designation. CRS is the symbol of excellence in residential real estate. Our members have proven they have the experience, training and commitment to be among the best in their profession. Say Yes toBuying or selling a home can seem like an overwhelming task. But the right REALTOR® can make the process easier - and more profitable.A Certified Residential Specialist (CRS), with years of experience and success, will help you make smart decisions in a fast-paced, complex and competitive market.    To receive the CRS Designation, REALTORS® must demonstrate outstanding professional achievement...
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By Ryan Ward
(Keller Williams Realty Consultants)
Atlanta real estate should be at the very least broken down into three separate markets if you are trying to determine the real estate market conditions. In a city as large as Atlanta, it is probably best to break it down even farther, but for now, let's look at the three main real estate submarkets that make up Atlanta real estate, condos and townhomes, luxury real estate and the remaining single family homes that are not Atlanta luxury real estate.Condos and Townhomes - The townhome and especially the condo market in Atlanta continue to have difficulties because of the large supply of existing and new construction available just about everywhere you look. It's not that buyers have shunned this type of housing, it really is simply a matter of supply and demand and supply is outpacing d...
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By Misako Kasai, Interior Design& Home Staging In Atlanta
(RedesignInAtlanta)
Eventually we couldn't follow the design theme I planned with many many many reasons...:( We just did a simple "redesign to live". We couldn't afford to do a lot of things I wanted to get done but at least we created fresh new look with small budget except plazma screen TV! << this is not a props, actual TV they purchased:)Problem for this room was a wall mirror reflecting everything in this room. I avoid adding too many accessory items in this room to make it look simple and clean.Just adding light source on image makes a lot of difference too!http://redesigninatlanta.com 
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
"What if my home in Atlanta never sells?  What if it sells at a Loss?" "Can you list this for nothing?" Sometimes the only way to get the seller's attention is with a real dose of reality!  These are just a few questions to be used to the sellers in this current market to separate your ability from wannabee agents!  Smelling salt questions!  Most agents will want to sugarcoat the listing presentation.  They'll smile a lot, make a lot of empty promises, get the listing, and it will be the last time the seller ever lays eyes upon them!  Sound familiar? In this Atlanta real estate market we are a lot of pressure not only to develope the listing lead, generate an appointment, if accepted...run around and come up with a knock your socks listing presentation to get the listing in less than 8 ...
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Did you ever go into a Atlanta neighborhood where you think the prices are astronomical, and yet when you check the listings for Actives everything is either "Under Contract or "Pending Sale" except one listing?  The listing that hasn't sold seems to be priced right, clean, has OK curb appeal but it is listed for sale month after month?  When you finally get into the home, everything seems in order, nothing spectacular but priced right!  It may even be priced way below market.  A few months pass, and now you see more major price reductions, the Atlanta MLS has a note that says "Seller Desperate!"  "Bring All Offers!"  And for the life of you cannot figure out why? Co-oping agents can tell you why it hasn't sold.  More often than not the listing agents' calls go unanswered for days.  Sel...
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By Ramsey Yount
(Signature Lending Group, Inc)
According to the Atlanta Business Chronicle, Georgia is no longer the number one state of mortgage fraud.  This has been a dirty crown that we have worn off and on(mainly on) since 2002.  We have recently dropped from number one to number eight!Here is the top ten list: 1)  Utah 2)  Florida  3)  California 4)  New York 5)  Idaho 6)  Michigan 7)  Arizona 8)  Georgia 9)  Minnesota10)  Illinois 
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By Ryan Ward
(Keller Williams Realty Consultants)
Here are statistics about Atlanta homes for sale from the FMLS: There are 53,946 active lisitings.9,661 Atlanta homes are either pending sale or working through various contingencies.3,875 homes have sold in the last 30 days.During the last 60 days, there have been 8,638 sales.In the last 90 days, 13,204 Atlanta homes sold.Currently just over 4,400 homes are selling per monthThe absorption rate based on the last three months of data indicate that it would take over 1 year for all homes for sale in Atlanta that are currently listed for sale to sell.During the same 90 day period in 2006, 16,244 homes sold.While not all homes that have actually sold currently show correctly in the FMLS, it is likely that overall sales will be down slightly from 2006 during the same time period. It sometime...
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