Atlanta Real Estate | Atlanta Housing News for Real Estate


Is the Atlanta Real Estate Market Improving?

The Atlanta real estate market is still moving forward, but we must actually assess what is taking place.  Many of us have noticed that some of the real estate news is turning positive in many markets.  Slight increases in Atlanta home sales and prices seem to have everyone in a more cheerful mood, but until we get at least 6 months of solid back to back improvements...only then can we quote a trend that we have turned the corner.  I personally question recent increases in home sales.  Now the media wants a positive spin on everything, so the news stories we hear are colored with 'rose color glasses.'  We must keep in mind that Atlanta homes sales today are not the same as a few years ago, because they do not generate the same amount of worth.  

An example is  that when a home owner sold a home years ago to downsize, or trade up... there were full commissions and equity for the principals on both sides of the deal, and that is no longer the case. Today we are dealing with very high percentages of bank owned properties and short sales.  Many Bank owned REOs are only paying a flat fee on the listing side.  Short sales on the other hand are paying for the most part whatever the bank wants.  Also, unlike a private party sale between a buyer and seller - a bank property sale does not generate another sale.  One property is sold, and the story ends there.  It is quite different than a sale involving two or more parties - in that instance several other deals are created.

If we are going to discuss our market and their health, more real estate professionals are going to have to understand the economics that drives them.  Numbers of sales does not necessarily mean that things are back to normal.  A recent sale here in the Atlanta real estate market shows that homes are selling quickly, but they are selling for 250K less than they were a few years ago.  So it isn't good news if you are selling and taking a 150K hit in real equity.  In short less money is being created for less parties, and that means there is less to go around and spread the real wealth.  My idea of wealth creation is not paying off TARP money via a foreclosure or distressed sale.

James Crawford ABR, Broker Associate





Atlanta Real Estate | Atlanta Homes for Sale - Call Now!


678-595-5283 Direct


What's My Home Worth?


Jim Crawford Crye-Leike REALTORS® AtlantaAtlanta Real Estate AgentsAlpharetta GA Homes for SaleAtlanta Luxury Homes, Dunwoody GA Homes for SaleAtlanta Real Estate &  Atlanta Homes for Sale,  Gwinnett Homes for SaleAtlanta Real Estate BlogCumming GA Homes, Decatur GA Homes for Sale.   

Atlanta Homes for Sale | Atlanta Listing Agents | Atlanta Buyers Agents


Atlanta Real Estate for Sale


Buying A Home


Selling A Home in Atlanta


Atlanta Real Estate Agents - Contact Us


Jim Crawford Atlanta Real Estate Social Media icons

Search Listings

Search By
Price -
Beds/Baths /
 More Options
 Map Search
Comment balloon 16 commentsJim Crawford • July 30 2009 09:02AM
Is the Atlanta Real Estate Market Improving?
The Atlanta real estate market is still moving forward, but we must actually assess what is taking place. Many of us have noticed that some of the real estate news is turning positive in many markets. Slight… more
Brookfield Country Club Roswell GA │ Brookfield Country Club Homes…
Brookfield Country Club - Roswell GA! Brookfield Country Club (formerly known as " Brookfield West ") is a planned and established luxury, golf, swim tennis country club community located in … more
Edenwilde Homes for Sale in Roswell GA │ Edenwilde Subdivision…
Edenwilde is an swim tennis subdivision located in the Crabapple area of Roswell Georgia just past the Silos at the intersection of Crabapple Road and Houze Road. Edenwilde is a newer swim tennis subdivision of single… more
Academy Park Townhomes Downtown Alpharetta│Alpharetta GA Luxury Town…
Academy Park is a sought after luxury townhomes communities in historic down town Alpharetta GA. Academy Park a gated town home community with swim tennis, exercise and recreational facilities. Academy Park is&… more
How is Your Real Estate Market? The Atlanta Real Estate Market is So…
The Atlanta real estate market has been soft for while. Thank goodness listing inventory is finally moving off its peaks, but it is still very high with over 71931 Active listings in all classes. Due to sellers… more
The Listing Agent is On Vacation!
In all the years I've sold Atlanta real estate I've found nothing is more chilling than to call for information on a listing and not being able to contact the listing agent for more information about a property. It is… more
Woodstock GA is A Great Place to Live!
Welcome to Woodstock Georgia located in Cherokee County Georgia ( Click for Map of Woodstock Georgia ) Woodstock GA is a quaint, historic country town with a historic downtown district with loads of charm and… more
Atlanta First Day of School Begins Soon│First Day of School - Atlanta…
Parents across Georgia will soon start humming the song "Happy Days are Here Again! as the schools season lies just around the corner. For those of us in the Atlanta real estate business the first day of school… more
Another 6 Banks Fail in Georgia
Bank failures in Georgia are becoming way too common and almost a weekly event. Today, we had another bank fail in Georgia and it subsidiares. Regulators shut down Security Bank Corp of Macon Georgia. the failure was a total of six banks with 20… more
Atlanta Condo Sales | Atlanta Real Estate Sale Trends - Atlanta…
Atlanta Condo sales have picked up a little last month over the same period last year and over last month, but the longer term trend for Atlanta condos is not positive at all in sales and price. In this Blog post, I am concentrating on attached… more