Atlanta Real Estate | Atlanta Housing News for Real Estate

head_left_image

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.

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

Brookfield Country Club Roswell GA │ Brookfield Country Club Homes for Sale

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 Fulton county in Roswell GA. Large mature lots, tall full trees and mature landscaping set this fine established subdivision apart from the cookie cutter homes!  Brookfield Country Club  is swim tennis golf and country club community that has great recreation facilities and a clubhouse! From the GA 400 north, Brookfield Country Club  subdivision just a short ride from Holcomb Bridge.  Brookfield Country Club  in Roswell GA has a clubhouse, lake, golf, and swim tennis.
Search Atlanta Homes for sale
As of today July 29, 2009

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

Edenwilde Homes for Sale in Roswell GA │ Edenwilde Subdivision Roswell GA

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 family homes.  The subdivision is complete with streetlights, public water and sewer, cable TV, sidewalks and is convenient to all shopping, roads for commuting and schools.  There are homes for sale in Edenwilde with full finished basements, slabs, and full finished terrace levels.  Most of the homes in Edenwilde are brick and frame, and a few Stucco.  As of today July 29, 2009 there are only 6 homes for sale in Edenwilde.  The high price is $474,900 and the low price home for sale in Edenwilde is $395,000. Edenwilde is a very sought after and stable community.  If you are interested in buying or selling a home in Edenwilde, please feel free to contact us.

To search for homes for sale in Edenwilde, click here.

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

Academy Park Townhomes Downtown Alpharetta│Alpharetta GA Luxury Town Homes in Gated Communities

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 a John Wieland planned gated luxury town homes development in a swim tennis community and located just off Academy Street in downtown Alpharetta GA.  There are many fine Academy Park town homes for sale.  Some of the town homes for sale in Academy Park will have finished basements, and others will have a master suite on the main level!  Academy Park in downtown Alpharetta GA is a great place to call home.  Perhaps it is time you considered town homes for sale in Alpharetta GAAcademy Park Townhouses for sale may be the perfect solution for you if you are downsizing!  There are both new and resale opportunities still available.

Search Atlanta Homes for sale

Academy Park Townhomes for Sale:

Active - 17 Properties Found
Pending - 1 Properties Found
Updated: 7/28/2009

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

How is Your Real Estate Market? The Atlanta Real Estate Market is So 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 being upside down, there is a lot less real inventory than there appears.  Currently, the Atlanta market is off 15% in sales price from last year.  Chronic overbuilding, speculation, e-z credit with no money down, foreclosures, and 10.7% unemployment levels in Metro Atlanta has cooled our market off considerably. Recovery is still a bit down the road.  In spite of this... I noticed activity is picking up a bit, and our May/June closings were as good as any in our best years. Prior to May/June we had a long drought preceding this for closings. Our most recent activity for our business is mostly buyers from the Internet, and overseas.  The most recent real estate activity in the Atlanta metro area...in my opinion was a delayed spring market that never occurred.

In the second half of the year I predict inventory will stabilize further, and sales will remain flat due to the high unemployment rate.  I also believe many real estate companies will fail.  There are not enough sales or revenue streams to sustain them.  Many real estate offices that relied on the rents from insurance companies, attorneys, and related services or affiliated business arrangements...have found themselves high and dry as these tenants moved on.

Atlanta Homes and Real Estate

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

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 occuring more than ever in this current real estate market, and I really think it is totally unacceptable for all. My first thoughts are "What would occur if there was an emergency?"  When we contact the listing agent we are doing more than following protocol for appointments, showings, and asking information.  The listing agent under the law has a fiduciary to their clients and represent their needs alone.  Even if the seller was not represented under agency, there are just some items we need to contact to contact them for.  Many listings today do not have proper lock boxes, and we need codes to enter the property.  The codes more often than not are not listed on MLS listings.  A buyers agent may also want to check availability, appointment only, showing instructions, disclosures, time frames and ask of seller preferences if they are preparing a contract to purchase.  There is no worse feeling than calling the listing agent only to hear the message ..."I am currently on vacation, and I will return all calls when I return 20, days (Whatever time frame applies) from now....ad nauseum!"

I often wonder did anyone ever tell the lame agent that they could have their broker or another agent cover for them?  Did they consider the possibility that they would actually deter other agents from trying to contact them?  Does the seller even know this is not how it has to be?  If I were a broker, I would personally discharge the agent from being affiliated with my firm, and assign the listing to another agent if the seller agreed.

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

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 revitalization. For these reasons, Woodstock GA is the fastest growing city in historic Cherokee County.

Woodstock GA homes for Sale are some of the most reasonably priced homes for sale in the Atlanta area. Here is an example of Woodstock Homes for Sale. Woodstock Georgia also has lower taxes, beautiful country scenery and so much more!

Woodstock GA Map Search - Search Woodstock Homes for Sale by Map

NEW HOMES FOR SALE WOODSTOCK

Search Atlanta Homes for sale

NEW HOMES FOR SALE WOODSTOCK

Search Woodstock GA New Homes by Price
Click links below to search by Price Range for Woodstock New Homes.

$100K - $200K

$200K - $300K

$300K - $400K

$400K - $500K

$500K - $600K

$600K -$700K$

700K - $800K$

800K - $900K

$900K - Above

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

Atlanta First Day of School Begins Soon│First Day of School - Atlanta Metro School Listed by County

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 marks a change in the selling season.  The reason?  Experience shows us that when school starts in Georgia... the selling season for Atlanta real estate will wind down pretty rapidly. For those that are relocating to the Atlanta area from up north, they are caught off gaurd every year, because back home...September normally marks the beginning of the school year, but that is not so in Georgia.  Most counties in the Atlanta metro area  school will begin their first day of school around August 10th which is almost a week latter than normal.

Atlanta education and schools

School Year Begins:

 

 

Atlanta Real Estate for Sale

 

Buying A Home

 

Selling A Home in Atlanta

 

Atlanta Real Estate Agents - Contact Us

 

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

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 branches.   This was the 16th bank failure for Georgia this year, and the 64th national bank failure this year.  Georgia leads the nation with bank failuresNationally, this month has been the biggest and in July we had a total of 19 bank failures. Accorging to the FDCI - State Bank and Trust Company of Pinehurst, GA will assume the deposits at the six banks, and those branches will reopen under State Bank's name tomorrow.   Those branches are: Security Bank of Bibb County in Macon; Security Bank of Houston County in Perry; Security Bank of Jones County Gray GA; Security Bank of Gwinnett County Suwanee; Security Bank of North Metro in Woodstock GA; and Security Bank of North Fulton in Alpharetta GA.

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe

Atlanta Condo Sales | Atlanta Real Estate Sale Trends - Atlanta Condos Sold

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 home sales which includes condos / town homes.  According to the most recent sales data released by FMLS which was just released on July 21 2009 there was a slight uptick in condo sales, but when compared to FMLS data for the same time frame period for preceding Junes the trends is not a good thing.  I created a 5 year trend graph to allow both buyers and sellers of condos in Atlanta to grasp what is really occurring in our Atlanta real estate market regarding condo sales in Atlanta.  Here is the 5 year June Sales Trend Chart for Atlanta condos sold.  As you can see, we have experienced a 42% drop in sales of attached Atlanta condos and town homes from the peak in the market of June of 2006.

 Atlanta condo sales

 

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5286 Direct

Or  888-940-0074 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale RSS 2 Feed 

Atlanta Real Estate Blog RSS 2 Feed Follow AtlantaRealty on Twitter   Subscribe