atlanta homes tagged posts

Atlanta Homes for Sale – Which Areas Are Hot and Which are Not?

Atlanta-area-sales-statistics-for-2013

Atlanta area sales statistics for 2013

As  you may be able to see from the above map, Atlanta home sellers didn’t have much trouble in 2013. The average list price was $260,092 and it took 75 days for a detached single family home to sell for $230,989, the average sales price. Homes sold for roughly 89% of their original list price and approximately 97% of their final list price. Some of the hottest areas with impressive stats included north Fulton (areas 13, 14);  midtown, Buckhead, Morningside, and East Atlanta (23, 24); Lithonia (43), Lawrenceville (64), Smyrna (72), Kennesaw (74), East Cobb (81,82,83), Dunwoody (121), and Paulding (191). 2013 detached single family home sales decreased by 1% while single family attached unit sales increased by 4% when compared with 2012...

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Atlantans, Free Your Windshield Wipers Before Turning On!

Frozen Windsield Wipers

Atlantans! Take it from a New Yorker. Free up your frozen windshield wipers BEFORE you turn them on! Turning on your wipers the morning after a snowstorm can burn out the wiper motor, instantly. Lift them up and clear them of any frozen snow before turning them on. It’s a costly mistake, and now, practice I learned from living a previous life in New York.

      Having been licensed since 1994, Craig Levine brings to your real estate deal a world of experience, cutting-edge technology, negotiating savvy, and exemplary service. With Century 21 in Atlanta, Craig was the #2 agent in the #1 office in Georgia in 1998, 1999, 2000, and 2001! He repeatedly received Century 21′s highest honor, The Centurion Award, in each of these years...

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Atlanta Snowstorm Strands Motorists for 24 Hours

Atlanta Traffic Map 1-29-14 at 2AM

Atlanta Traffic Map 1-29-14 at 2AM

The snowstorm that came through Atlanta and the southeast on Tuesday January 28, 2014 was still wreaking havoc with motorists at 2:30 in the morning, almost 14 hours after most people left their offices, early, for the day. The Georgia DOT Navigator map, above, shows snarling traffic at 2:46am on Wednesday January 29.  Many were stranded with no gas, food, or water and simply abandoned their vehicles on the side of the roadway. The following pictures show what traffic was like approximately 2:30 am on some of the major highways. Come rush hour on Wednesday morning, not much had improved.

Atlanta Snowstorm Traffic

I -75 North near Peachtree Battle

Atlanta Snowstorm Traffic

285 heading west by the Chattahoochee River

Atlanta Snowstorm Traffic

GA 400 heading South

     Having been licensed since 1994, Craig Levine brings to...

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Atlanta Home Financing Update

ATLANTA HOME FINANCING

ATLANTA HOME FINANCING

The following is a guest blog from Jeffrey Heckman and Joanne Rotella with Shelter Mortgage Company and does not necessarily reflect the views of GeorgiaMoves.com

1. Metro Atlanta foreclosure notices were down 56% in January from the same month a year ago and are now down to the lowest level since June 2003, according to the AJC. Fewer foreclosures should support higher prices.

2. When it comes to rates, fewer things are more important than inflation. The Consumer Price Index (CPI) and Producer Price Index (PPI) reports released last week both confirmed that inflation remains tame. Core CPI was just 1.7% higher than a year ago and well below the Fed’s target level of 2%, while Core PPI was even lower at 1.4% on an annual basis.

3...

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Marietta Georgia 30068 Home Sales Statistics Strong

30068

30068

A client of mine who was considering selling his home recently asked me to provide some sales and pricing statistics for zip code 30068, located in Marietta Georgia. The family was glad to see that Marietta Georgia real estate trends were improving and thought it was a great time to list their home for sale.  In 2011, there were 377 sales with an average list price of $398,854 and an average sales price of $377,300, a sales price to list price ratio of 95%, a sales price to original list price ratio (taking into account price reductions) of 91% and an average days on market of 130. We would consider this a pretty slow moving market.

MARIETTA GA 30068 SALES STATS 2011

MARIETTA GA 30068 SALES STATS 2011

MARIETTA GA 30068 PRICE STATS 2011

MARIETTA GA 30068 PRICE STATS 2011

In 2012, there was an increase in the number of sales to 423 properties...

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Atlanta Pocket Listings offer benefits for Buyers and Sellers

Atlanta Pocket Listings

Atlanta Pocket Listings

There’s a new catch phrase being circulated in the real estate industry and it’s coming to a town near you. Pocket Listings, or hip pocket listings as they are popularly called, are real estate listings that have not fully hit the market, yet. They are not being advertised in the local multiple listing service (mls) and are usually hidden, secretive, or private offerings available to people in the know. You can almost equate them to an initial public offering (ipo) of stock, available at first, to a clientele and then to the general public once they are listed. Atlanta pocket listings are becoming more and more prevalent as the Atlanta real estate market heats up and we prepare for a recovery in 2014.

Why might a seller choose to utilize the pocket listing strateg...

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Atlanta Real Estate Sales Statistics

During the month of August 2013, Atlanta home sales prices for single family detached residences averaged $244,297 versus $186, 864 in August 2012. Additionally, during August 2013, Atlanta home sales prices for single family attached residences averaged $182,703 versus $143,216 in August 2012. Houses and condos showed significant gains of approximately 30% from the prior year, a very positive sign. Inventory levels for detached single family homes declined about 4% while inventory levels for attached single family homes declined a whopping 29%, year over year for August. See the Atlanta home sales statistical map that provides insight into which areas of Atlanta are selling the fastest and which areas of Atlanta are selling for the most money.

Atlanta home sales statistics

Atlanta home sales statistics

Having be...

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Atlanta home sales update

The following is a guest blog from Jeffrey Heckman and Joanne Rotella with Shelter Mortgage Company and does not necessarily reflect the views of GeorgiaMoves.com

1. Mortgage rates pushed a little higher last week as minutes from the Federal Reserve’s July 31 meeting were released and confirmed investor expectations that the Fed will almost certainly begin to “taper” its bond purchase program in September or October.

2. Mortgage rates then reversed course and fell back when the July New Home Sales report caught investors by surprise and showed a 13% drop from June.

3. Several Fed officials have expressed concerns that rising rates will slow the pace of economic growth. The decline in New Home Sales provides clear support that these concerns are justified...

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Georgia’s Most Expensive Homes for Sale

Georgia's Most Expensive Homes for Sale

Georgia’s Most Expensive Homes for Sale

As of August 13 2013, there are over 1,000 active listings in metro Atlanta over $1,000,000 according to the First Multiple Listing Service. To preview the most expensive homes in the metro Atlanta area, click here.

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Atlanta Home Financing Update

The following is a guest blog from Jeffrey Heckman and Joanne Rotella with Shelter Mortgage Company and does not necessarily reflect the views of GeorgiaMoves.com

The Shelter Six

1. The recent mortgage rate surge began following a stronger than expected Employment Report released on the third of May. The logic behind the rise was that when the job market strengthens, the Fed no longer needs to manipulate rates down to such a low level.

2. Rates continued to rise following comments by Fed Chairman Ben Bernanke on June 19 indicating that the Fed would probably stop buying bonds sooner than expected. This bond buying program has been the #1 reason rates have been so low for so long...

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