February 2011 
There are 6 blog entries for February 2011.
It's Heating Up
Thursday, February 24th, 2011 at 2:45pm. 604 Views, 0 Comments.
Atlanta has been a balmy 68 degrees every day this week. This is perfect weather for February, but the temperature outside is not the only thing heating up.
Competition for "deals" all over town has intensified in just the last few weeks. Yes, there are still many over-priced properties sitting on the market with no interest, but buyers are flocking to homes and condos for sale in the Atlanta area that are either priced aggressively, show beautifully, or on rare occassions...both!
Here are a few examples:
- I showed an Intown Atlanta Loft to one of my buyers nearly a week ago...as any careful buyer would do he asked many good questions. I even obtained the HOA budget and reviewed it with him. All along I stressed that speed was important that…
Buckhead Foreclosures Report
Saturday, February 19th, 2011 at 7:41am. 796 Views, 0 Comments.
During 2010, 90 of the homes sold in Buckhead were bank-owned foreclosures. Foreclosures truly have become a significant portion of the Buckhead real estate market during the past 24 months. In fact, they represented 10.9% of the 825 homes sold in Buckhead last year.
To put the health of our real estate market into perspective though, many communities around the country have seen the percentage of foreclosure sales top 50%. This is a testament to the stability of the Buckhead market.
Today, we have 28 Buckhead Foreclosures listed on our website. These homes range in price from $292,000 to $2.7 Million. One of these homes has become our Buckhead Home Of The Day due to it's special architectural details.
Home prices are at record affordability…
Atlanta Mortgage Interest Rates Headed Up
Tuesday, February 15th, 2011 at 4:24pm. 533 Views, 0 Comments.
For years now our client have enjoyed low interest rates. 2010 was an especially jaw-dropping year with many of my buyers managing to get close to 3% on 5-year ARM's and our Atlanta home buyers looking for 30-year mortgages locked in rates that averaged just under 4.5%. Sadly, the party may be almost over.
Over the past few weeks, rates have risen at a steady clip. 30-year rates have left the 5% marker in the dust and have hit a national average of 5.23% last week. If you are one of the many thousands of people who want to buy one of the 30,241 Atlanta homes for sale (or one of the 6038 condos for sale in Atlanta), but you have been sitting on the fence waiting for the bottom, then now may be your time to act.
This chart shows the 3-year…
602 Berne Street in Atlanta (Sold)
Monday, February 14th, 2011 at 4:38pm. 505 Views, 0 Comments.
I get excited about this time of year. A lot of it has to do with the warm weather and the longer days. If I'm hiding i'm usually on the golf course. Spring is also a good time to buy or sell a home, in fact a high percentage of the real estate sold is with in the first 5 months of the year. This year is no exception 2011 is projected to be a great year.
One great place that I like is Grant Park on the east side of Atlanta off HWY 20. Grant Park is community that has come alive in the past few years. Great restaurants, the Zoo, and the park are just a short walk away. Homes range from a small bungalow to a craftsman style home usually priced from the $150's to the high $400's. Most of the homes are over 50 years old and have tons of…
Buckhead Zip Codes - What are they?
Thursday, February 10th, 2011 at 9:40pm. 1303 Views, 0 Comments.
Buckhead Zip Codes
| 30327 | 30326 | 30305 | 30309 |
| 30319 | 30324 | 30342 | 30318 |
I know people who have lived in Buckhead for many years and they still do not know which zip codes correspond with Buckhead. People who are searching for a home to buy in Buckhead will find the information below on Buckhead zip codes especially useful. There are actually eight zip codes in Buckhead that cover at least some portion of Buckhead, but some do include other areas. The chart below shows all eight of Buckhead's zip codes and a breakdown of the neighborhoods that fall within those boundaries. As a bonus, you can click on the name of any Buckhead neighborhood shown and you will get a pop-up window showing the boundaries of…
Historic Marietta
Tuesday, February 1st, 2011 at 10:44am. 918 Views, 0 Comments.
When I think of attractive spots to live around Atlanta one of the first places that come to mind is Marietta. The history of this city dates back before Atlanta and Chattanooga. In fact what first started Marietta was a small cluster of homes near Kennesaw Mountain in 1824. This really began to grow after Western and Atlantic Railroad decided to build a railroad right by Kennesaw Mountain in the early 1830's. Businesses popped up everywhere after the railroad started its route from Chattanooga to Adairsville. Marietta has more history than some cities will have in their whole lifetime. Today, the city of Marietta has a strong commitment to keeping the history of the last 200 years special.
Here area few pictures of the Marietta Square:
