Sellers in Intown Atlanta and Decatur paid some, or all, of their Buyer’s closing costs in 71% of the transactions through June, 2008, which is nearly the same as in the last two years... Greg the Pricemaster studied the following submarkets with our micro-numbers guru, Chartmaster Chuck to come up with our conclusions: 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 Based on my experience, these numbers seem even higher - like 90% of the time or more. That being said, I've also experienced two transactions this Summer where appraisal almost caused the deal to fall apart and the … [Read more...]
