2009 February :: Buckhead Homes and Real Estate

Archive for February, 2009

New Administration trying to stifle the Buckhead housing market.

The NAR recently sent me an email stating their opposition to the administration’s mortgage deduction phase-out plan. Here is the key excerpt:
As currently drafted, the plan changes the Mortgage Interest Deduction by reducing the amount of mortgage deductibility on families earning over $250,000. This proposed change in the Mortgage Interest Deduction will result in [...]

Months of home inventory for Buckhead

As I explained in a previous post, knowledge of the home inventory for a given price range and/or area can be an effective tool in negotiating.
Here are some Buckhead homes inventory numbers as of today:
$500,000 – $1,000,000 – 16 months of inventory
338 currently active, 254 sold in last 12 months
$1,000,000 – $3,000,000 – 1 year [...]

Great things are happening in Buckhead

Although we are currently in a housing market dip, there are great things on the horizon in Buckhead. We live close to the Buckhead Village and are very bullish on the future of Buckhead and its housing.
You can already see the beginning of the Peachtree Boulevard transformation. Peachtree Road will return to its [...]

The benefits of a home manager

While many buyers are sitting on the fence, a new group of people are sitting in vacant listings to help homeowners sell their home. These days, many Realtors in Buckhead are using “home managers” to help keep unoccupied, unsold homes show-ready and deter would-be vandals. All things being equal, a furnished home will sell [...]

Buckhead home with details

Here is your opportunity to own a home in a vibrant and social Buckhead neighborhood.
You’ll be a short walk to the exclusive Streets of Buckhead which will rival Madison Avenue
and Rodeo Drive for shopping and dining.
Buckhead Forest children attend the sought-after Sarah Smith Elementary which is one of the top public schools in the Georgia.
The [...]

Getting your home ready to sell.

Let’s face it, Buckhead is currently a buyer’s market. It’s takes an extra effort to get homes sold at a fair price. Here is a great video on what you can do to prepare your home for maximum value in the real estate market.

Marketing your home on the internet.

I’m constantly amazed at how bad agents can be in their online marketing efforts. Whenever I see a single photo in the MLS, when 12 photos are available for free, or horrendous shots, I wonder if the seller has any idea how awful their agent is in marketing their home. In a 2007 [...]

Lack of jumbo mortgages could be hurting Buckhead.

I read an interesting article in the Wall Street Journal this morning regarding the difficulty of securing loans over $417,000. Since the average selling price for a residential home in Buckhead is around $650,000 that really places us in a bind. As a matter of fact, there are few Buckhead properties selling for [...]

Buckhead Property Tax Appeals

The deadline to appeal your tax appraisal, in Buckhead and Fulton county, is April 1st. In a declining market, you may have a great case as to why you should be paying less property tax.
If you would like to fight your assessment, and live in the Buckhead area, then you’ll need to contact the [...]

Searching for Buckhead Properties

My website has a number of important tools to search for Buckhead homes. You can search my Buckhead MLS database of over 6,000 Buckhead Atlanta homes for sale. When you get to the Listing Search page remember to click Fulton county for step 1 and Buckhead for step 2.
You can also customize an [...]