May 2010 
There are 8 blog entries for May 2010.
The Big Ask
Thursday, May 27th, 2010 at 3:24pm. 434 Views, 0 Comments.
In fundraising circles they call that special moment at the end of the evening when they implore you to reach deep into your wallet "The Big Ask". I am sure you have experienced that moment, but I want to ask you for something that will benefit both of us: the opportunity to represent you. If you are buying or selling a home in Buckhead, then you need the best possible representation from a Realtor who knows Buckhead inside and out, and I am your guy. In addition to being a Buckhead "Specialist" Realtor, I own the #1 Buckhead real estate website, I also write and manage Buckhead's top real estate blog . If you are a home buyer in Buckhead, then I can use my knowledge of the area to guide you to the right neighborhood, the best street, and the perfect…
Condo Sales Picking Up, But Inventory Still High
Tuesday, May 25th, 2010 at 3:19pm. 425 Views, 0 Comments.
There are currently 1277 condos for sale in Buckhead ranging from less than $100,000 for a small WWII era studio to $17Million for an amazing condo at Park Avenue. Recent high-profile foreclosures on luxury condo project such as the Mansion on Peachtree may continue to bring a high supply of condos into the market at competitive prices. During the first 4 months of 2010 there were only 270 condos sold in Buckhead. If sales volume does not increase, then we have 20 months of supply currently on the market, which is about twice as much inventory as I would like to see! Fortunately the sales number have been picking up. The chart below shows that sales in April of this year averaged a sales price of $229,000 for the 86 Buckhead condos that changed…
Vinings Cochise Drive Rebuilds After the Flood
Monday, May 24th, 2010 at 4:45pm. 496 Views, 0 Comments.
It only takes a brief stroll down Cochise Drive to see how last year's floods have affected some of Vinings' most coveted properties along the Chattahoochee. Construction crews and signs of renovation line the driveways as many home owners have begun to rebuild.
Some have taken the approach of many beach home owners and elevated their properties on high foundations above the ground. Others have simply decided to sell for the lot value and a few were fortunate enough to live on upper Cochise, high above the flood plain toward Vinings Jubilee.
As I noted in last week's blog about home values in Vinings, now is an excellent time to purchase Vinings Real Estate and riverfront property is no exception. The pendulum has begun to swing and…
Buckhead Home Sales and Listings Increase
Thursday, May 20th, 2010 at 3:16pm. 475 Views, 0 Comments.
As the Summer selling season heats up, home sales in Buckhead have also risen as expected this time of year. In February of this year 46 homes in Buckhead were sold, while in the past 30 days, 95 homes have sold in Buckhead, more than doubling the pace of sales! The two charts below further illustrate this sale trend and show the averages:
| Buckhead Homes Sold in the past 30 days - 95 homes | |||||||
| Bedrooms | Full Baths | Half Baths | List Price | Sale Price | Days on Market | ||
| Min | 0 | 0 | 0 | $ 112,500 | $ 100,000 | 1 | |
| Avg | 4 | 3 | 1 | $ 683,894 | $ 628,813 | 93 | |
| Max | 7 | 6 | 2 | $ 2,395,000 | $ 2,250,000 | 524 | |
| Buckhead Homes… |
Peachtree Road Improvement Project Begun
Tuesday, May 18th, 2010 at 3:14pm. 591 Views, 0 Comments.
After a few decades of wear and tear, a city street can start to look a little grungy. Well, $54 million can go a long way to bring back the sparkle! Phase 2 of the Peachtree Road project is scheduled to begin soon and last for nearly two years. [gallery link="file" columns="2" orderby="rand"] The meticulous process will transform Buckhead's main commercial corridor between Shadowlawn and Roxboro Roads. The main focus will be on improving the streetscape, pedestrian experience, and traffic flow. This will include wider streets with bike lanes in both directions, more trees and vegetation, wider sidewalks, more benches, utilities placed out of site and underground, and landscaped medians. As the financial heart of the city, Buckhead's commercial…
What, Where, and How Big is Buckhead?
Thursday, May 13th, 2010 at 4:28pm. 561 Views, 0 Comments.
Yesterday, I got a call from a lady looking to buy a home in the Buckhead area. She, like many people interested in Buckhead Real Estate, was confused about about exactly what, where, and how big Buckhead is. I will try to clear that up...
What Is Buckhead: Buckhead is a collection of historic neighborhoods North of downtown Atlanta, but within the city limits of Atlanta. Buckhead itself is considered by many to be a neighborhood, but I like to refer to it as a defined area that consists of 43 neighborhoods. While each Buckhead neighborhood has its own distinct identity, each of them contribute to Buckhead being the most attractive area of Atlanta.
To learn more about individual Buckhead Neighborhoods click here
What Buckhead is Not:…
Vinings Real Estate is on the Rise
Thursday, May 13th, 2010 at 4:44pm. 453 Views, 0 Comments.
Home sales are up in Vinings! After several years of negative numbers, the market is finally turning around and Vinings is no exception. In fact, Vinings has historically held its value better than many other neighborhoods, so this is especially good news to see the numbers are not just flat, but actually rising again.
For those of you who like numbers, here are the details. For the January to March period from 2008 to 2009, single family home sales were down 73% while town homes and condos were down 35%. For the same period in 2010, single family home sales are up 100% while town homes and condos are up 68%. That's a tremendous increase in volume!
Prices are a little slower to turn around and the numbers are mixed but the market is…
Sales Volume Soars
Tuesday, May 11th, 2010 at 3:03pm. 458 Views, 0 Comments.
Thanks to our amazingly loyal clients, my sales volume in the first four months of this year have been off the charts...in a good way! The fact that I have the #1 Buckhead Real Estate website and the top Buckhead Blog have helped some great new clients discover my team, and we have been exploiting our knowledge of the Buckhead real estate market to get our clients some of the most astonishing deals I have ever seen! I am the Buckhead Realtor who knows this place inside and out. I am always available to answer your questions about the Buckhead market. Call me when you are ready to discuss your specific criteria, I look forward to working with you! Ben Hirsh Hirsh Real Estate Group Office: 404-492-9000 Fax:1-866-834-7641 Email:…