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The secrets to finding a buyer in the Intown Atlanta real estate market

July 24, 2011 By Leave a Comment
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Many different features attract buyers to a real estate purchase, but the seller only has control over two of them. Sellers can still get the highest possible list-to-sell ratio and sell their homes as quickly as possible if they are willing to put their trust in two time trusted principles of real estate: condition and price. Since 72% of all sales transactions are “equity” transactions – not distressed, not some odd luxury transaction and not an estate sale, the chances are favorable for sellers who “get it.” Here are the the top ten features that attract buyers according to the Keller Williams Realty International survey conducted for our 2011 Market Navigator booklet. 1. Location – favored by 69% of buyers 2. Neighborhood – favored by 55% of buyers 2. Floor plan – favored by 37% of buyers 3. Updates to the house – favored by 36% of buyers 4. Curb appeal – favored by 30% of buyers 5. Square footage – favored by 28% of buyers 6. Back yard – favored … [Read more...]

Filed Under: Adair Park, Capitol View, Sylvan Hills, Bankhead, Brookhaven, Buckhead, Cabbagetown, Candler Park, Castleberry Hill, Chamblee, Collier Heights, Downtown Atlanta, Druid Hills and Emory Area, East Atlanta Village, East Lake, East Point, Eastside, Edgewood, Fort McPherson Area, Fun Facts, Grant Park, Greater Decatur, Home Park, Inman Park, Kirkwood, Lake Claire, Lakewood, Loring Heights, Market Analysis, Mechanicsville, Midtown, Northside, Oak Grove, Oakhurst, Oakland City, Old Fourth Ward, Ormewood Park, Peoplestown, Poncey Highland, Really Great Real Estate Marketing, Reynoldstown, Riverside and Bolton Area, Sandy Springs ITP, Sandy Springs OTP, South Dekalb, Southside, Southwest Atlanta, Summerhill, Underwood Hills, Vine City, Vinings, Virginia Highland, West End, Westside

It’s All About You, Intown Atlanta Sellers – Price Reductions Abound

September 2, 2008 By Leave a Comment
percent-of-transactions-which-followed-a-price-reduction

In the past week or so, we've reported that: A. Sellers are paying some or all closing costs in about 71% of Intown transactions B. Most Listing Agents and Sellers, most of the time are off by about 7% List vs. SOLD on Intown sales C. The Median Sales Price is down 10.1% through the first half for the Intown neighborhoods we surveyed Here's what we looked at... 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 So, those who get this get the quick sale. We've found that most of ya want a quick sale, don't ya? The Rootdown Group gives good advice to Sellers - call us. We would … [Read more...]

Filed Under: Cabbagetown, Candler Park, Downtown Atlanta, Druid Hills and Emory Area, East Atlanta Village, East Lake, Eastside, Edgewood, Greater Decatur, Inman Park, Kirkwood, Lake Claire, Market Analysis, Midtown, Northside, Oak Grove, Oakhurst, Old Fourth Ward, Poncey Highland, Really Bad Real Estate Marketing, Really Great Real Estate Marketing, Reynoldstown, Southside, Virginia Highland Tagged With: ,

Percentage Amount of Seller Paid Closing Costs Remains Steady for Intown Closings

August 28, 2008 By Leave a Comment
Seller Paid Closing Costs

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...]

Filed Under: Cabbagetown, Candler Park, Downtown Atlanta, Druid Hills and Emory Area, East Atlanta Village, East Lake, Eastside, Edgewood, Grant Park, Greater Decatur, Inman Park, Kirkwood, Lake Claire, Market Analysis, Midtown, Northside, Oak Grove, Oakhurst, Old Fourth Ward, Ormewood Park, Peoplestown, Poncey Highland, Really Bad Real Estate Marketing, Really Great Real Estate Marketing, Reynoldstown, South Dekalb, Southside, Virginia Highland Tagged With:

Median Sales Price Differences in Intown Atlanta

August 27, 2008 By 1 Comment
Median Sales Price as a %age of Original List Price

Here's another eye opener...we've seen this trend for a long, long time - at least since The Rootdown Group got started in April 2004...but...in Intown Atlanta, which we define thusly: 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 ...We see, that for the first half of 2008: 1. The median of the sales price as a percentage of the original list price dropped to its lowest level in three years during 1Q 2008 and, although higher than in 1Q, remained historically low through 2Q 2008   2. The 2Q 2008 percentage is nearly the same as in the greater metro Atlanta area   So, at 92.6% of … [Read more...]

Filed Under: Cabbagetown, Candler Park, Downtown Atlanta, Druid Hills and Emory Area, East Atlanta Village, East Lake, Eastside, Edgewood, Grant Park, Greater Decatur, Inman Park, Kirkwood, Lake Claire, Market Analysis, Midtown, Northside, Oak Grove, Oakhurst, Old Fourth Ward, Ormewood Park, Poncey Highland, Really Bad Real Estate Marketing, Really Great Real Estate Marketing, Reynoldstown, Southside, Virginia Highland Tagged With:

Venture Atlanta Becomes a Standard

June 3, 2008 By Leave a Comment

In October, a new congress of venture capitalists will gather in Atlanta at the CNN Center. That's good news. I read this in my daily Atlanta Business Chronicle update e-mail. "...Metro Atlanta and Georgia start-up companies will be presenting their plans and investment opportunities to venture capitalists and investors from across the country," said Sam A. Williams, president of the Metro Atlanta Chamber of Commerce. "Metro Atlanta is among the fastest growing high-technology metro areas in the nation, and continues to attract high-tech companies as our strength in this sector grows each year... The Metro Atlanta Chamber of Commerce, Atlanta CEO Council and the Technology Association of Georgia have teamed up to put together the biggest venture capital event in state history -- Venture Atlanta 2008. Set for Oct. 15-16 at the Omni Hotel at CNN Center in Atlanta, the Venture Atlanta is expected to link top-tier venture capitalists, investment bankers, entrepreneurs, service … [Read more...]

Filed Under: ATL Culture and Events, Downtown Atlanta, Southside

Museum of Design Atlanta – Made in Georgia

June 1, 2008 By Leave a Comment
Map to MODA

The "Made in Georgia" exhibition begins on June 5, and it should be worth seeing. You can drop during the day at the Museum of Design Atlanta - MODA which is located in downtown within the Lobby and Garden Levels of the Marquis II Office Tower near the Marriott Marquis Hotel and the Peachtree Center Mall. "This exhibition is curated by Carie Davis, Design Manager for Coca-Cola & President of IDSA Atlanta and is in conjunction with the Industrial Design department at Georgia Tech. Building off the success of Japanese Design Today, Raymond Loewy: Designs for a Consumer Culture and Design at Play: The High Design of Cartoon Network, MODA’s most popular product design-based exhibitions, MADE in GA will look close to home and feature contemporary product design that has its roots in Georgia." Go downtown for lunch or dinner one night and see what's up at MODA. … [Read more...]

Filed Under: ATL Culture and Events, Downtown Atlanta, Fun Facts, Southside
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