There are 4 blog entries for December 2010.
Wednesday, December 15th, 2010 at 4:49pm. 573 Views, 0 Comments.
If you are buying a home in the Atlanta area then you need an Atlanta Realtor representing you. I get calls almost daily from buyers who seem slightly confused about the process. Many do not realize that our services as buyers agents come at no charge to them. We simply split the commission with the listing agent to get compensated for our services.
As your Realtor it is our job to represent your financial interests throughout the process. We don't just help you locate the perfect home for sale in Atlanta, we actually walk with you every step of the way throughout the buying process.
Even if you are purchasing your fifth home and you think you know it all, trust me, you don't! I personally have worked with buyers and sellers in 2010 to successfully…
Wednesday, December 15th, 2010 at 12:02pm. 538 Views, 0 Comments.
With the year drawing to a close there is some great news for Vinings Home Sales. So far the number of single family homes sold in 2010 is up 64% in Vinings over 2009 and prices are just barely up by 2%. This is a huge increase in the number of homes sold and great news for sellers and buyers alike.
Condo and town home sales in Vinings are almost even with last year, but there are 14 currently "pending" sale in Vinings so we are expecting volume to be up about 8% by the end of 2010. Average prices in this segment of the market have risen 5% this year as well.
A note to sellers: As the market begins its upward swing I have received an increasing number of phone calls and emails from you with questions about selling your home. Two of…
Thursday, December 9th, 2010 at 4:12pm. 812 Views, 0 Comments.
Inventory: At the moment there are 901 homes for sale in Buckhead. This is the lowest inventory we have seen this year. Buckhead housing inventory has continued to drop slightly as unmotivated sellers take their homes off the market, while motivated sellers are taking advantage of the slight increase in buyer activity.
Buckhead Homes Sold: 64 homes sold last month in the Buckhead area at an average price point of $757,000...a month over month increase in sales volume of about 9.2%, but a drop in sales price from November 2009 of a little more than 6%.
I always like to share the most expensive home sale in Buckhead and the least expensive home sale in a given month:
Wednesday, December 8th, 2010 at 3:12pm. 919 Views, 0 Comments.
Buckhead condos for sale in Atlanta number about 995, with an average asking price of $383,000. The market currently has a much greater appetite for condos in Buckhead that are priced at $250,000 and below. This is evidenced by the average sale price so far this quarter being just under $200,000.
This major difference between the average asking price and the average selling price does not come from extreme negotiating, but rather is indicative of the higher activity levels in the lower price ranges. The average discount from list price was 6.4% and the average condo sold in 84 days.
The Buckhead Luxury condo market is showing signs of strength though, with a handful of $750,000+ condos closing in the last 90 days.
The blue chart above shows…