Realtime Atlanta Traffic Map
When you live in Buckhead and Atlanta, traffic is a big part of your life. This new traffic feature on Google maps gives realtime data for Atlanta. I’m going to try to remember to use this site before I set-out to battle Atlanta...
Read MoreHas the Greater Atlanta Real Estate Market Bottomed Out?
It seems to me as if real estate in Atlanta Georgia has finally hit a bottom and is now on the upswing. I’ve written before about how some of the local Atlanta housing indicators are showing positive signs. Smartnumbers has recently compiled the July Atlanta real estate data, and it looks promising. Here is what Steve Palm had to say regarding the July data: It is not official yet, but after lags are reported single family detached will have a positive year-to-year increase in closings for July. It still looks like single family attached (condos and townhomes) will be negative, but...
Read MoreSynovus Boldy Unloading Foreclosed Homes
Synovus, headquartered in Columbus, is aggressively unloading its repossessed homes throughout the Metro Atlanta area. I believe this will add pressure on the other Georgia banks that continue to carry a lot of home inventory on their books. There are still great foreclosure deals in Buckhead and the North Metro area. I’ve been advising my clients to make aggressive offers, if the home is owned by a bank and has been on their books for a while. Here is an excerpt from the AJC article on this subject: Some smaller banks grumble, worrying that the property dumps by the big players...
Read MoreTop Five Projects to Get Your Buckhead Home Sold Quickly
If you would like to get your Atlanta home sold quickly and for maximum value, I suggest the following five home improvements before you market it for sale. I think all five have a nice balance between cost and immediate impact. Paint your walls – There is no better way to increase the value of your home than with a coat of paint. And luckily, there are few home improvement projects that are as inexpensive. A fresh coat of paint throughout your Buckhead home will make it appear fresh, clean and inviting. You should chose only a couple of neutral colors for the entire home, as...
Read MoreTemporary Tax Breaks
In early 2009 Congress passed a Temporary Economic Recovery & Reinvestment Act of 2009. This nearly $800 billion stimulus package offers wonderful temporary tax incentives. Many of the incentives that are presently set to expire at the year of the year include the following credits/deductions/incentives: The First-Time Homebuyers Tax Credit: First time home buyers (taxpayers) are eligible for (up to) $8,000 in tax credits when they purchase a new home between January 1, 2009 and November 30, 2009. The home buyers can file an amendment to their 2008 tax return (as an effort to receive...
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