Alpharetta 
The Alpharetta category will contain market statistics and housing information along with any other insight we have for Alpharetta as well as an occasional sprinkling of "best buys" that we come across.
There are currently 7 blog entries related to this category.
Prices in Crabapple are Down, Buy Now
Thursday, December 31st, 2009 at 7:44am. 311 Views, 4 Comments.
I can't speak for all of the listings, but I sure can speak about the brand new baby we listed last night (the one to your left). It's in Crabapple Crossroads, it's brand new and it's only $300,000. Yes, that's right. $300,000. View the details here...
4 bedrooms, 3.5 bathrooms, 2 masters; one on the main level and one upstairs, granite kitchen. It's Crabapple Crossroads in Milton. It's everything you would expect except it's only $300,000. Here are a few details:
The address is 209 Roseville Place in Crabapple Crossroads located in the Crabapple Overlay District in the City of Milton on the north side of Crabapple Road and to the west of Birmingham Highway. The schools are Crabapple Crossing Elementary, Northwestern Middle and Milton High.
- FMLS #: 4001683
- 4…
Homes for Sale in Crooked Creek - A Market Update
Monday, July 20th, 2009 at 6:51pm. 376 Views, 3 Comments.
Crooked Creek is a fantastic golf and country club community located in Milton undergoing something of an unusual change for a neighborhood in the real estate market today. A robust $4,000,000 renovation to the facilities is being undertaken in a real estate market that has just taken a beating over the past few years. With homes dating to the mid nineties, many people believed that these updates may do the community well and freshen up the general appearance. This may still happen, but, construction is behind schedule and we'll really have to wait another year to see if that plays out. Until then, here is an update on market statistics. Faced with lots of competition in the zip code for similarly priced homes, staging, marketing and price ring true as…
Stop Time With Me, For Kevin Warmath - If Only For a Moment
Thursday, January 29th, 2009 at 8:05pm. 943 Views, 6 Comments.
Kevin Warmath:
Son. Father. Husband. Friend to many. Fellow REALTOR. You will be missed. I never met you in person, but, I feel like I knew you quite well. You made it easy for me and many others to feel this way. Your contribution to your family, your friends and your clients greatly outweighs what you have done for me as another local real estate professional, but, it is significant. To me.
Few days went by that I did not visit your blog. I looked to you for inspiration when I could not find it myself. You made me better. And you probably didn’t even know it. I know that you will.
I cannot stop time. I know what’s coming. I need to write about it though. It’s what I know. Goodbye Kevin. For now. Tonight, I will pray for you. For your family. And for a…
Foreclosure in Glen Abbey $80,000 Below Lowest Sold in Neighborhood - Alpharetta
Wednesday, January 28th, 2009 at 6:57am. 1131 Views, 4 Comments.
This is one of those foreclosures where the bank finally has priced it right to sell. It's most recent sale was in April of 2007 for $575,000 and it's now on the market for $436,900. It's also about $80,000 below the least expensive home that sold in Glen Abbey in 2008 and over $250,000 below the most expensive sale in 2008. If you have looked at homes in Glen Abbey in the past, you would probably have a good feel for what type of floorplan it has as well as the condition of the interior. Honestly, at this price, I was expecting it to be in far worse condition than it is and I was definitely not expecting to see a basement finished out this well. At this price it's going to be a real bargain and put a new homeowner in a pretty solid equity position rather…
Unbelievable Deal for an Investor in Alpharetta Under $120,000
Tuesday, January 27th, 2009 at 1:53pm. 520 Views, 1 Comments.
You want a deal? This is a deal. It will be gone within the week. It's on the market for $118,900. This is the type of property that could turn a positive cash flow in 60 days if you are skilled investor. It needs paint and it needs carpet, but, it seems like a pretty decent house.
The school districts are very good; Northwood Elementary, Haynes Bridge Middle and Centennial High. It's a 3 bedroom 2 bath home with a fenced backyard on a little side street located off of Haynes Bridge Rd. This is the type of property that sold for mid $160's last year and will be there again before long. In the meantime, it would be a great investment property that should net positive rents immediately and possibly a ridiculous return on your investment if the market turns -…
Homes for Sale in Zip Code 30004 - Sales Down, Prices Up, but are They Really?
Monday, December 22nd, 2008 at 2:20pm. 604 Views, 6 Comments.
I suppose it depends on how you spin the statistics and I really don't intend on doing that. The general statistics don't really show a decline in prices and that just doesn't seem to feel right so I set out to separate the market into more manageable segments to see if some segments are performing better than others thereby skewing the total statistics. My hypothesis was that the resale market below $750,000 (this is anywhere bnetween 80% and 90% of the market) was doing something worse than the market as a whole. In other words, one portion of the market might be making the total market appear as a much better market than what most sellers and agents are actually seeing.
As I start this post, let me first explain what I did. My goal was to separate out…
Alpharetta Real Estate Sales Down, Prices Relatively Constant - What Happens Next?
Wednesday, December 17th, 2008 at 9:31am. 494 Views, 0 Comments.
When sales volume goes down and inventory stays the same, what happens to prices? This would be something like Economics .101 - A Middle School/High School level economics question. The answer should be obvious - over time, prices will fall setting in motion a series of events which ultimately will bring inventories back in line with sales volume as the pendulum swings in the other direction. It makes sense, but, it's not what we see hapening in Alpharetta and some other areas of North Fulton. It may mean however that prices will fall, but, conventional wisdom would leave me to believe that it would have alread been happening. This first chart shows the decline in sales volume for Alpharetta:
Sales Volume in Alpharetta 2007 vs. 2008
The second chart here…
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