There’s a saying in the real estate business that states: “pricing is an art, a science and a skill.” This video and the following comments about Intown Atlanta’s Adair Park are not just the rainy day ramblings of a dude who did not shave. I’ve just watched one particular Adair Park property drop in sellable value from $150,000 to $35,000 in 2 years, and this video tells you the story… So, recently the City of Atlanta put a cool new sculpture in Adair Park, but that is about the most beautiful investment anyone is making in Adair Park, lately. Somewhere around 2006, the "disinvestment" and "mortgage fraud" trends hit the 30310 zip code...HARD. 30310 had and has the distinguishing weakness of real estate speculation gone haywire. Houses that would have sold for $150000 in 2007, now will not sell for more than $50000... You really should check out Historic Adair Park's website - the Adair real estate dynasty of the early 20th century built an … [Read more...]