Christmas, and then inevitably New Year’s has come and gone. While the stock market seems to have stabilized, business media types continue to latch on to all manner of bad news. It does strike me as completely ironic that I wake up and look out of my bedroom window to see that my neighbor’s attractive [...]
Tag Archives: atlanta
Maxsell Real Estate: 2008 Year in Review
Maxsell Grows Others Shrink 2008 was one of the worst real estate markets in the history of Metro Atlanta. The number of sales dropped, the value of real property dropped (although only slightly in Atlanta), and many builders, lenders, and realtors were forced to leave the business. However, the story was different for us at [...]
Atlanta Real Estate Recovery
In the metro Atlanta area, Existing home sales are down about 38% (units) and new sales are down 68%. In itself, these figures create an over inventory of homes which causes a longer time on market. However, this news is not all bad either.
Atlanta Real Estate Recovery
Roger Tutterow Ph.D. and Dean of Economics at Mercer University gave his opinion to Sally’s Roundtable on the Recession of 08’ as it relates to Real Estate in my home state. It was great to hear that it seems we are now at or past the bottom of the curve and the expectation is that in late 2nd Qtr and Early 3rd Qtr 2009, we will see a noticeable improvement in some key statistics.
Atlanta Real Estate & Business Attorney Advice, guest post by Justin Daniels
In the coming months, you may find your customers are having grave financial difficulty and may file for bankruptcy protection. It may shock you when you receive a letter from the bankruptcy court trustee demanding return of payments your customer had made to you within 90 days of their filing for bankruptcy. WHAT IS A [...]
Ten People every Realtor should Follow on Twitter
You’ve got a fancy new Twitter account, or perhaps a rusty old twitter account, and now you want to take it out for a spin. But who talks about real estate on Twitter? It’s not so much about talking real estate as it is about meeting cool people within the real estate industry. You’ll get [...]
Marietta named second best place to raise children in Georgia
Load up the mini-vans, throw in the pack-n-play, don’t forget the stroller and move to Marietta, GA! BusinessWeek magazine in its November 10 edition named Marietta the second best place to raise children in Georgia among towns with at least 50,000 residents and an average family income between $40,000 and $100,000. Marietta was chosen based [...]
North Georgia Lakes at Record Lows
Although it doesn’t make the headlines on the local news anymore, the election and economy have taken front stage, we still have a serious water problem in North Metro Atlanta. Drought conditions continue to grow harsher across north Georgia. Water levels in reservoirs and streams are at or near record lows across most of the [...]
Atlanta Real Estate Investment Market: Underpriced by 37%
This is not another “Now is a Great Time to Buy” real estate article. It’s just some simple facts of the Atlanta real estate investor grade market. Investor grade is a starter-home property ready and suitable for renting or resale. The analysis was conducted by a third party company, PortReal, LLC. PortReal benchmarks investor grade [...]
Wachovia Declares Recession in November Economic Report
The first paragraph of Wachovia‘s Report is a tough one, but I think a first real honest look at where we are in today’s market…. A Serious Recession Has Set In While the NBER will not likely get around to declaring when a recession began until late January or early February, there is little doubt [...]