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Harsh Judgment for The Intown Insider

A PBR, some RPG's and thou...

 We love The Consumerist. You should too - they are always on point with some nifty thought or pithy commentary or relevant consumer interest story. I don't love this website like I love my daughter and my wife, but I love The Consumerist, ya dig? The photo above is what a night in Kirkwood looks like after a hard day of real estate agency work and before bathtime... So, they asked: "Would you judge a real estate broker by his blog?" My favorite comment from this insightful post touches on one of my favorite criticisms of real estate agents - many can not spell, construct illustrative sentences with a subject-verb-predicate sequence, or complete basic mathematical equations. Here is the comment: "While I can't say a blog would lead me to use someone as my broker, I have definitely already excluded two based on their (awful) writings! Sorry, but if you can't spell correctly, or even express your thoughts clearly, I don't want you fighting for my largest … [Read more...]

Median Sales Prices for Intown Atlanta down 10.1%

Sales prices 2007 versus 2008 for Greater Intown and Decatur

Alright, alright, alright...I may be a sluggish "blogger" but if I am one thing, I'm a busy real estate agent and a 42 year old brand new father... My Business partner at Rootdown, Greg Ruis is truly the Pricemaster. He ran these numbers and got 21 charts from our "Senior Partner" Chartmaster Chuck . Today, I'll focus on just one thing - PRICES. We asked Chuck to run the following submarkets - pretty much the primary geographic focus for our team: 1. Ansley Park and Morningside southward to Inman Park and Reynoldstown - that includes Midtown and VAHI 2. Eastside Atlanta Dekalb - the neighborhoods East of Moreland and Briarcliff, plus Johnson Estates and southward to Edgewood and Kirkwood - all North of I20 3. Southside Atlanta Fulton - Grant Park, Summerhill, Boulevard Heights, Ormewood Park, EAV 4. Greater Decatur - South of Mercer U, down to I20 at South Dekalb Mall What we found is not terribly surprising, since we live in the market everyday:  * In … [Read more...]

PropertyMaps.com Is On To Something!

Property Maps is a new and nifty "national MLS." Chris Latko wrote me a few weeks back and asked me to look at his site and I am very, very impressed. They state that "PropertyMaps is the only map-based real estate search on the Internet that uses real Multiple Listing Service (MLS) data. MLS’ are the databases that are shared by all REALTORS® from coast-to-coast. No other collection of properties even comes close to the millions contained in America’s MLS’." Y'all better keep an eye on this. Now, if Chris and his crew can actually fix what is wrong with a lot of real estate agents, then they can be a category killer...you know - here's a few things that more than half of all agents just don't seem to get right: 1. great photos online 2. an erect sign in front of properties for sale 3. mastery of elementary spelling and mathematics 4. the list goes on...how about bad pricing advice? Keep up the great work Chris, and try to work with only great … [Read more...]

Intown Atlanta Is Talking About The Zillow Second Quarter Survey

Southern Misperceivers

  That's right. If you don't know Zillow, then you should.   This ran in the Wall Street Journal last week:   “In its second quarter survey, 62% of the 1,361 homeowners who responded to the survey by Zillow said they believe the value of their own homes has increased over the past year. But according to Zillow, that high level of optimism is out of sync with reality. The company’s research shows that 77% of U.S. homes depreciated in value over the past year. Only 19% appreciated and five percent remained the same.”   This ran in the Atlanta Business Chronicle on the same day.   I communicate with Intown Atlanta property owners everyday. Quite often, I speak with folks who have been listed with other real estate agents for months and months.   Our Q&A sessions can be narrowed down pretty much like this:   * ...so, when you made the decision to buy the property, you looked at available inventory, gathered specific information from trusted sources and … [Read more...]

Wanna Fix the Intown Atlanta Housing market ?

"Oil needs to get under $100/barrel. If this does not happen, do not expect housing to come back anytime soon." Steve Palm says so. After crunching his numbers through the first half of 2008, the last sentence in his June 2008 letter is macroeconomic. All real estate is local, but if the consumer is strapped, the consumer is strapped! steve-palm-letter-july-2008 Steve is one of the smartest guys in Atlanta real estate. He says that we are on pace to repeat 2003's numbers, so sellers - take heed! … [Read more...]

Isaac Hayes at Wattstax kicks off August

So my business partner Greg said - "dude, you haven't posted since July 7! Come on now... I said, Greg 11,533 people hit my Trulia page last month. I've been busy. We've been writing contracts day after day. Our listings are getting shown (except for the Arizona Loft) all the time. Cut me a break - it's just a blog. Regardless, that's no excuse. So that being said, stay tuned. We will be talking about real estate. Y'all say a prayer for the Memphis Soul family, who have lost one of the greats - Isaac Hayes. Jesse Jackson introduces this video from Wattstax, a 1972 concert held in LA. Since Isaac was a key component of the Stax records family, he gets front and center here with a smokin' version of the Theme From Shaft. We will talk about Intown Atlanta real estate in the next post... … [Read more...]