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taylor201354

  NAR stats tell me that real estate blogs in general do not deliver the highest level of engagement nor the highest level of "impressiveness" in the minds of the consumer. Says so in their recent "Generational Trends" report. So, I stopped "blogging" months ago. Maybe years ago...with any vitality. Why? Because, I'm too busy to write great content to the worldwide web. If you need a Lee Taylor fix then link over to my Trulia Q&A - 1812 answers to real estate questions posted between December 2007 and earlier this year, or round about the time when Trulia became way less interesting to me...now, I still love Trulia - the best real estate 3rd party syndicator that there is. Best graphics. Best thinking. Beats Zillow's hype every time in my book. Still, less interesting to me as an "online savvy" Realtor, even when I know that over 52,000 Trulia profile views can't be wrong. June 23. Almost halfway through another year of sales and I must admit I do not miss … [Read more...]

Poolside and sitting pretty for $245,000 in downtown Decatur

Poolside H1

If you like what you see on the outside, then get with me to see the inside. Just $245,000.00. Not yet listed, and I have written permission to show it and to present contracts to the seller. Check your comps - call your advisors, and have them call me.     Or, just cut to the chase and lets do some dual agency, before the seller replaces the carpet, and I list it...before I start throwing open houses and getting multiple offers. In June.   Call Lee Taylor at 404-218-4126 in May, and we will line up showings for all qualified buyers. Unless someone gets it under contract before you do... My community, Decatur Townhouses is so hot right now - so hot, that if you are more budgeted for a 2 bedroom, 2 bath unit under $200,000, and if you prefer an end unit next to the park, then Lee is selling his unit by late June. Sneak peeks are available.   Do you see what happens when you filter the downtown, city limits zip code 30030 against the … [Read more...]

Intown Atlanta real estate crystal ball: 3.5 changes coming

CHANGE #1 stable mortgage fees, higher interest rates CHANGE #2 home price stabilization...for the most part Here is one headline grabbing way to look at that issue - from December 2013: http://www.wsbtv.com/news/news/local/study-shows-home-prices-booming-atlanta/ncZFn/ Here is yet another way to consider prices in Atlanta - from February 2014: http://www.forbes.com/sites/erincarlyle/2014/02/25/spcase-shiller-home-prices-dip-for-2nd-straight-month-in-december/ Huh? Who is right? Call me if you want a real analysis of a local neighborhood. Relying on indexes, pricing from years ago, Zestimates, costs of improvements, costs of maintenance, etc. etc. etc. can lead to a false sense of inflated value. CHANGE #3 home price deflation in many submarkets - most analysts have been calling for stable, or flat pricing for some time now, running with the 3-4.5% (depending on who measures it) inflation rate that has been measured for decades. Many factors impact the submarkets … [Read more...]

Decatur, Georgia named one of the greatest places in America

When the American Planning Association (APA) speaks, apparently many listen. And they just named downtown Decatur, Georgia one of the great neighborhoods in America. At a glance, they state that "APA is an independent, not-for-profit educational organization that provides leadership in the development of vital communities. We measure our success by the successes of our members and the communities they serve." I am proud to say that I've been living in the "vital community" (APA's coined term) of Intown Atlanta for 16 years. I'm now a resident of downtown Decatur, and I also operate my business out of the KW market center in downtown Decatur. Click here for directions. I certainly think that Decatur is one of the greatest places in America. Calling downtown Decatur one of the greatest neighborhoods in America is an easy call and the fact that the APA ranks Chinatown in San Francisco and Norwich, CT as the #1 and #2 greatest neighborhoods in America, makes me feel somewhat … [Read more...]

Getting real about short sales

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I just had a short sale attempt fail. My former 1/1/1 townhouse listing near the East Atlanta Village. We were in agreement for a $65000 purchase. In a short sale, both the buyer and the seller have to get real about the tenuous elements of their particular short sale. What do I mean by getting real? Well, here is a quick explanation via this example: The seller has now decided to attempt a deed in lieu of foreclosure with their lender and in doing so, the seller got real about his short sale. He is so real about short sales, that he has decided to just not attempt to complete this particular short sale. The seller is so real about short sales that he is willing to walk away from the property and let the bank have it, in lieu of attempting the rigorous processes, month after month, to win this short sale. If I counted up my short sale transactions since 2004, when my first attempt for a Buckhead condo owner resulted in foreclosure after months of work, and I was … [Read more...]

Before you buy a house in the shifty metropolitan Atlanta real estate market…

Before you buy a house in the shifty metropolitan Atlanta real estate market, consider some of the insights that a few of us recently shared on Trulia Voices. First, let me state – this is the golden age of real estate. Has been for about three years straight. There has not been a better period in recent history that has displayed more pronounced value and affordability, on a macroeconomic scale, than the period that we are in right now. And before you make a decision to buy a house in the shifty metro ATL real estate market consider the following insights from David Crook at the Wall Street Journal. His article on Friday is the best that I’ve seen recently for summarizing where we are right now as a nation, regarding residential real estate. David’s article is entitled: “What You Need to Know Before Buying a House…Yes, the market is looking up. But don't let the euphoria obscure the flashing yellow lights” So before you buy a house in the shifty Atlanta market, think … [Read more...]