2009 June :: Buckhead Homes and Real Estate

Archive for June, 2009

Atlanta passes tax increase on homeowners

The Atlanta city council just passed a whopping 42% property increase to make up for the budget shortfall. During a time of massive foreclosures and a difficult job market, the Atlanta city government should be looking for ways to decrease the high costs of living within the borders of Atlanta; not increasing the costs.

Home Inventory for June 29, 2009

Here are some metro Atlanta real estate inventory numbers as of today:
Buckhead Homes
$500,000 – $1,000,000 – 23 months of inventory
363 currently active, 193 sold in last 12 months
$1,000,000 – $3,000,000 – 2 years and 8 months of inventory
321 currently active, 121 sold in last 12 months
$3,000,000 and above – 7 1/2 years of inventory
83 currently [...]

Short Sale Primer

I’ve written about short sales fairly extensively on this blog and have actually dealt with short sales and foreclosures more than a lot of my colleagues in Buckhead, Sandy Springs and Dunwoody. I have worked with clients in Buckhead and Sandy Springs who have tried to buy pre-forecosure and REO properties. I’ve seen [...]

The best foreclosure deals

While there are many different ways to find great foreclosure deals in Atlanta, one of my favorite places to look are builder spec homes. When buying a foreclosure you still have to rely on the most basic adage in real estate: location. I would be hesitant to buy a home in a development [...]

New Atlanta Home Search Software

I’ve recently purchased, for this website, the most comprehensive and intuitive home search software in all of metro Atlanta. The last couple of weeks I’ve been integrating the features into this website. This premium home search software is triple the price of other agent software solutions. I’m making it available for free, [...]

Buckhead Homes

Rollover the tags on the map for information on individual homes. Change the options at the top and bottom of the map to refine your Buckhead real estate search.
The tags are only a sampling of the available Buckhead homes. Click on one of the tags for a complete list of all of the Buckhead real [...]

Buckhead Condos

Rollover the tags on the map for information on individual condos. Change the options at the top and bottom of the map to refine your Buckhead condominium and townhome search.
The tags are only a sampling of the available Buckhead condos and townhomes. Click on one of the tags for a complete list of [...]

5 key features of Obama’s loan modification plan

Loan modification is one of the most effective ways to stay current on your mortgage if you’re not able to make your monthly payments. It can be defined as a restructured payment agreement between you and your mortgage lender. US President Barack Obama has introduced mortgage modification plan that can help the borrowers to stay [...]

What is the Absorption Rate?

I’m going to start including Buckhead, Sandy Springs and Dunwoody market data on this blog. I think an appropriate way to begin is with an explanation of what the absorption rate is, how it’s calculated and why it’s important. The absorption rate is often misunderstood by consumers and agents. Rather than reinvent [...]

Premium Buckhead Condo

Located on Peachtree Road, the most recognizeable street name in Atlanta, you’ll be a short walk to several upscale stores and restaurants. 2500 Peachtree is nestled between Peachtree Battle and the upscale Streets of Buckhead project. Its central location has become a prominent addition to a historic road. People with discerning [...]