2009 August :: Buckhead Homes and Real Estate

Archive for August, 2009

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 traffic.

Has 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 [...]

Synovus 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 [...]

Top 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 [...]

Temporary 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:

Zombie Subdivisions

As I’ve mentioned before, the outlying Atlanta suburbs have really been hit hard by the housing slowdown. The subdivisions that seemed to sprout-up overnight in Forsyth and Fayette county, are now being referred to as “zombie” subdivisions, where only a few homeowners sit among acres of vacant, bank-owned lots. Hopefully, the bankd won’t [...]

Interview with Atlanta Home Architect Bill Baker

Bill Baker is perhaps the best classic home architect in Atlanta. I was very excited to see, and read, this interview with Mr. Baker on “Things That Inspire.” If you have an interest in classic home design and have not looked at the “Things That Inspire” website, then you are missing out on [...]

Atlanta Home Prices are Up

Hopefully it’s not just an anomaly, but Atlanta home prices are up. What’s interesting is the recovery of Atlanta home prices appears to be happening before the national recovery. I’m encouraged by the Atlanta real estate market. I think it’s a great time to be buying a home in Buckhead, or some [...]

The Perils of Short-Sales

I’ve written about short-sales on this blog in the past. A short-sale can be a good alternative for all parties involved, but keep in mind, it can be a very frustrating experience. As a buyer, you are now negotiating with two (or more) parties; the homeowner and the lender(s).
The lenders can [...]

Signs of life in the Atlanta housing market

Anecdotally, through some of my recent sales and working with clients, I’ve felt the housing market has been improving. Recently, I have been seeing some market data to back up my intuition.
Click on this chart of Atlanta residential home sales to see that the home sale prices appear to not only have [...]