Streets of Buckhead Update
There is a lot of curiosity about the Streets of Buckhead project. Each time I write an article about it, the web traffic to this website spikes. The AJC gave an update on the Streets of Buckhead today. In short, the project needs $200 million to resume construction. Streets of Buckhead developer Ben Carter said Wednesday he is in talks with private investors to raise $200 million to resume work on the stalled luxury retail project. Unable to get a traditional bank loan amid the credit crunch, Carter said he has been seeking private investment money instead — a position many...
Read MoreSandy Springs Homes Inventory December 2009
As of December 2009, there was a little over 14 months of home inventory in Sandy Springs. Looking at the historical trend, especially in light of the real estate collapse, 14 months is a huge improvement. As you can see by the 3-year graph of Sandy Springs homes, the inventory started skyrocketing last January and peaked in March. Feel free to click the graph for a larger view. The beginning of the year was the heart of the foreclosure frenzy. There was a tsunami of foreclosures hitting the courthouse steps and the banks were unprepared and ill-equiped to deal with the unprecedented...
Read MoreTop 7 Most Popular Posts of 2009
As a recap for last year, I thought I would list the pages on my website that generated the most traffic. Being a website that focuses on homes Atlanta, Buckhead, Sandy Springs and Dunwoody; some of the popular pages were expected, but others surprised me. The Atlanta Farmers Market I spent a lot of time on this post, actually taking pictures of all of the various landscape companies, and comparing prices to some of the “bigbox” stores. So it’s rewarding to know people are finding this information. My husband and I buy most of our gardening supplies at the Atlanta...
Read MoreHomebuyer Closing Cost Estimator for Georgia
I’ve been reviewing my 2009 posts and the Georgia Home Closing Cost Estimator was one of the most popular. Therefore, I’ve updated the spreadsheet and reposted it below. When using the spreadsheet, feel free to make any changes, although the green numbers are the ones you’ll most likely change. If you make a mistake, just hit “refresh” on your browser and the spreadsheet will reset. The estimated costs in the spreadsheet can vary widely. I also tried to include the most common line items. If you’re lucky, and negotiate well, your mortgage broker may not...
Read MoreBuckhead Homes 2009 Year in Review
Happy New Year! I’m a lot more optimistic about Buckhead real estate at the start of 2010 than I was in the beginning of 2009. My positive attitude isn’t due to some sort of W.A.G., there are positive trends and news that point to a recovery in the North Atlanta real estate market. While I think we’ve moved beyond the bottom, how fast the recovery occurs is anybody’s guess. Here is a key trend that may point to a bullish 2010 in Buckhead real estate: The home inventory for Buckhead seems to have peaked at the beginning of 2009. You can click the graph for a larger...
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