Atlanta 
There are currently 21 blog entries related to this category.
3rd Quarter Metro Atlanta Statistics - The Overview of the Real Estate Market
Sunday, November 8th, 2009 at 9:28am. 985 Views, 11 Comments.
This information is compiled by Chartmasters for Keller Williams Realty Consultants. It is far more comprehensive and accurate than what you may find in the AJC or anywhere else. I am fortunate to work with an organization who can provide its agents critical information that we can use to help clients in a market that requires this information more than ever. It's also right up my alley as I enjoy understanding the market. This is a graphics heavy post of charts so if you have any questions, please reply in the comments below and I will answer or clarify anything you may see. As soon as I can find a link, I will post the credit to Chartmasters, I just can't seem to find it online right now. Nevertheless, the charts below will shed some light on what is…
The Tax Credit Effect - Can it Help Save the Market
Thursday, October 22nd, 2009 at 1:49pm. 403 Views, 12 Comments.
After strong mid summer sales and real hope for 2010, the residential real estate outlook has dimmed again. The $8,000 tax credit is looking very much like the last great hope for 2009 to bring back some balance - or at least give a strong push of the pendulum back in the balance direction. The chart below shows sold single family residential units compared to pending residential units monthly during 2009.
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The uptick is incredible…
Summer Speeds by Taking Deals of a Lifetime with It
Sunday, September 13th, 2009 at 10:41am. 705 Views, 12 Comments.
Summer of 2009 is coming to a close quickly and some of the best deals in a generation are leaving with it. Were you able to capitalize on those deals or are you still waiting for prices to drop? If you're waiting, here is a recap of what you missed and why you may reconsider your position of waiting...and oh yeah...it looks like prices aren't really dropping any more - at least for good properties and especially in the more sought after areas of Atlanta
The average price for a home has dropped 8% in North Fulton since the summer of 2008, but, prices are trending up, sales volume is trending up and inventory is trending down. We are still down in price from the summer of 2008 because pricing continued to decline until February of 2009 (they have been…
Waiting for the Bottom - You May Have Missed It
Wednesday, July 22nd, 2009 at 6:30am. 819 Views, 20 Comments.
Waiting around and smelling the flowers? If you are one of the many buyers waiting for the bottom, it's quite possible that you have missed it. Waiting on a "bottom" is a terrible homebuying strategy anyway, but, now is really the time to get off the fence. We as real estate professionals are not capable of exactly calling the bottom and that means that you as consumers have no chance of doing so. Think I'm wrong? We now have had four consecutive months where the average price of homes for sale in Atlanta is higher than the previous month. In February it $172,860. Now it's $209,999 or over $37,000 higher than the low! Translated, this means since February, prices have gone up every month so many areas the "price bottom" may be behind us. The confluence of…
Homes for sale in Atlanta Down, Pending Sales Up – What it Means
Tuesday, July 7th, 2009 at 3:34pm. 876 Views, 9 Comments.
In March, I wrote about what I thought was going to happen this summer and moving forward in the Atlanta market. It does appear that what I thought might happen is actually beginning to take place and that is good news for a real estate market that is in desperate need of something positive and tangible to hold onto. Many of you may have read reports earlier this year in the AJC indicating price increases in certain areas of the city, but, they failed to place the fine print in an easily readable place in the article and the realities are that those reports are not very accurate. Fortunately, this report is very accurate as we won’t neglect to include foreclosures and other necessary parts of the equation that make up today’s market.
First, the actual…
Keller Williams Family Reunion 2009 The Recap
Friday, February 27th, 2009 at 7:04am. 1729 Views, 10 Comments.
In a perfect prelude of what was to come, the sun rose on a clear, cool Orlando morning for the Keller Williams Family Reunion this year. This was my first time attending and I really didn't know what was in store. Many of the agents in my office who had attended previous KW Family Reunions were either excited for me or sorry that they would not be attending so I was beginning to get excited about the prospects of meeting new agents and learning a great deal in a compressed environment to improve myself, my business and to be able to bring something back with me that I could share with others. What happened was far beyond my wildest expectations.
Day 1 - Sunday and The Vision Speech
Sunday began with me attending my first of what was to be 5 technology…
February Marks the End of the Slow Winter Season - What Can We Expect Now?
Saturday, January 24th, 2009 at 12:31pm. 569 Views, 9 Comments.
Traditionally, February in Atlanta (right after the Super Bowl) is the beginning of the end for the slow winter season in the real estate market. After 2008, most experts now at least see the light at the end of the tunnel. Prices have come down and inventories have been decreasing for the last 5 months. What this means going forward is a beginning of the end for further price declines and summer should bring back some balance to the overall real estate market in Atlanta.
Of course, this change will come slowly and it's possible for certain segments of the market to continue price declines for several more months. Most areas north of I-20 should begin to see a leveling off before many of the areas south of I-20. Some segments of the market are already…
Short Sale Search for Atlanta Homes - It's Here!
Thursday, January 15th, 2009 at 7:31pm. 502 Views, 5 Comments.
You want it, you've got it. This will be a short post to coincide with the announcement of the additional short sale search feature we have just implemented on our website. Short sales are not exactly an option for us as agents to enter into the MLS so providing a search that pulls short sales listed for sale is not something that you can find in many places - if at all and I'm not giving away the technology!
Search Atlanta short sales.
This is an addition to one of the only real foreclosure searches available to consumers. If this is your first visit to our website, welcome! We are glad you are here. Pay attention to the image posted just below. You will really want to make sure you save one of these searches so that you will be first in line when they are…
Homes For Sale in Blackstone, Suwanee - Market Update
Wednesday, December 10th, 2008 at 8:33pm. 570 Views, 0 Comments.
I'm putting together a market analysis for a client looking at several neighborhoods. One of the neighborhoods is Blackstone and since I've never written anything about it, I figured that now would be as good of a time as any to post some market statistics for anyone else who might be interested.
Blackstone is a Pulte neighborhood located in the northeast section of Fulton County in the City of Suwanee with its entrance running south off of McGinnes Ferry. The neighborhood itself is one that is remarkably level for the area and that means lots of homes sitting on good lots. It also means more homes on slabs than in some other areas where the topography is more conducive to basements. The neighborhood, like most newer home communities in the area, has swim…
Statistics, Graphs and Sales - Oh My!
Friday, November 28th, 2008 at 8:10pm. 686 Views, 8 Comments.
And I don't mean in a good way. With the launch of my new website and Thanksgiving, I'm a little late getting to the meat turkey of the statistics in an updated post on October sales data so I apologize up front. I hope that you weren't on the edge of your seat to see a miraculous rebound in the market because there isn't one. I actually am not going to be standing on the edge of my laptop anytime soon screaming about "The Bottom" or "Now is the Time to Buy". The first, we will only see in the rear view mirror and the latter is simply too subjective. If you are moving to Atlanta for work or some other reason, it probably seems like a great time - because you have to. On the other hand, if you bought a house 2 years ago with 100% financing and want to move…
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