Wood Valley Real Estate Market Report - September 2010 - 10/08/10 09:47 AM
Wood Valley finished the month with 5 available homes, priced from $699,000 to $2.1 million, the average price being $1,136,100. One home sold during September, however there were no new pending sales.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any questions about real estate, feel free to call me at (404) 841-9634. Please visit us for more on Buckhead real estate.
… (0 comments)

Wildwood Real Estate Market Report - September 2010 - 10/08/10 09:45 AM
The Wildwood neighborhood finished September with 7 available homes, priced from $285,000 to $1,049,000 - the average being $724,414. There were no closed sales during the month, however one homes' status changed from contingent to pending bringing it one step closer to the closing table.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any questions about real estate, feel free to call me at … (0 comments)

Tuxedo Park Real Estate Market Report - September 2010 - 10/08/10 09:43 AM
The cooler weather certainly isn't doing anything to heat up the Tuxedo Park sales activity. September came to an end with 26 available homes in this wealthy enclave. Priced from $599,000 to $14.9 million, the average price of available homes tops the Buckhead market at $4.55 million. There were no closed sales during the month, however one home sale is pending. That home is a short sale.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might … (0 comments)

Springlake Real Estate Market Report - September 2010 - 10/08/10 09:41 AM
Real estate activity in Springlake was acceptable for the month of September. Given the overall weakness of the market, there were 2 closed sales during the month, including 2156 Monterey Drive which I sold for over $800,000. That leaves 12 available homes, priced from $269,000 to $899,000 with an average price of $540,283.
There were no contracts that became pending sales during September.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you … (0 comments)

Peachtree Park Real Estate Market Report - September 2010 - 10/08/10 09:40 AM
Peachtree Park finished September with 28 available homes, priced from $349,900 to $999,500, with the average being $553,882, making this popular neighborhood one of the most affordable in Buckhead. Four homes sold during the month, however there were no new pending sales.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any questions about real estate, feel free to call me at (404) 841-9634. Please … (0 comments)

Peachtree Heights West Real Estate Market Report - September 2010 - 10/08/10 09:38 AM
The cooler weather has certainly put a chill on home sales in the Peachtree Heights West neighborhood. With 10 available homes, priced from $765,000 to $4.95 million, the average price of a home in this neighborhood is $2,310,399, the second highest in Buckhead. During the past month there were no closed or pending sales.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any … (0 comments)

Peachtree Heights East Real Estate Market Report - September 2010 - 10/08/10 09:36 AM
Real estate activity in Peachtree Heights East was brisk in September. With only 6 homes remaining on the market, buyer can find homes priced from $$439,000 to $1.1 million. The average price of an available home in the neighborhood was $701,983 in September. While there were no closed sales, two contracts became pending during the month. One of those pending sales is a short sale. At the current rate of activity, Peachtree Heights East has only a three-month supply of homes.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home … (0 comments)

Paces Real Estate Market Report - September 2010 - 10/08/10 09:34 AM
September saw three closings in the Paces neighborhood but new buyers were scarce as there were no new pending sales. The remaining 15 available homes are priced from $469,000 to $8.9 million, with an average price of $1,776,126.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any questions about real estate, feel free to call me at (404) 841-9634.
Please visit us for … (0 comments)

North Buckhead Real Estate Market Report - September 2010 - 10/08/10 09:32 AM
North Buckhead led the market in activity for September with five sold homes and four pending sales. The not-so-great news is that 3 of the sold homes and 3 of the pending sales were foreclosures. That leaves 69 available homes, priced from $209,000 to $1,799,000 with an average price of $769,978.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any questions about real … (0 comments)

Mount Paran / Northside Real Estate Market Report - September 2010 - 10/08/10 09:31 AM
September saw continued weakness in the real estate activity in the Mount Paran / Northside area of Buckhead. With 35 available homes, priced from $399,000 to $8,250,000 the average price of an available home is $1,947,212. During the past month we saw one closed sale and two contracts become pending sales, however one of those is a foreclosure.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, … (0 comments)

Memorial Park Real Estate Market Report - September 2010 - 10/08/10 09:28 AM
September was particularly quiet in Memorial Park. There were no closed or pending sales during the month. The inventory of available homes remains at 4, priced from $475,000 to $599,000. The average price of the available homes is $544,750.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any questions about real estate, feel free to call me at (404) 841-9634.
Please visit us … (0 comments)

Kingswood Real Estate Market Report - September 2010 - 10/08/10 09:27 AM
Unlike many Buckhead neighborhoods, Kingswood did see some real estate activity in September. There was one closing and one contract that became pending. That leaves 12 available homes, priced from $799,000 to $6,195,000. The average price of available homes in Kingswood now stands at $1,999,991, one of the highest in Buckhead.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any questions about real … (0 comments)

Haynes Manor Real Estate Market Report - September 2010 - 10/08/10 09:25 AM
September came to an end with 15 available homes in the Haynes Manor neighborhood. Priced from $209,000 to $4.5 million, the average price for an available home now stands at $1,464,593. There were no closed sales during the past month, however two contracts became pending. Both of those homes were priced above the average.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any … (0 comments)

Garden Hills Real Estate Market Report - September 2010 - 10/08/10 09:23 AM
Garden Hills continues to see a moderate level of real estate activity and September was no exception. With two closed sales and three pending sales there is now approximately 11 months of inventory available, still signaling a buyers market. Two of the pending closings are foreclosures or short sales. The current inventory of available homes now stands at 35, priced from $275,000 to $1.69 million with an average of $717,375.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles … (0 comments)

Collier Hills Real Estate Market Report - September 2010 - 10/08/10 09:21 AM
Real estate activity in September was less exciting than August for Collier Hills. With only one closed sale, and no pending sales, the neighborhood still has 22 available homes, signaling a very strong buyers market. The current inventory of homes is priced from $$339,000 to $899,000 with an average of $518,386 - among the most affordable in Buckhead.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, … (0 comments)

Chastain Park Real Estate Market Report - September 2010 - 10/08/10 09:18 AM
The weather may be getting cooler, but the real estate activity in September was hot! There were five new pending sales, including one foreclosure. While there were no closed sales, Chastain Park led the Buckhead market in pending sales for the month. At the current level of activity, and with 46 available homes, there is now approximately 9 months of available inventory. While that still signals a buyers market, it is certainly heading in the right direction! The current inventory of homes is priced from $292,500 to $2,995,000 with an average price of $1,002,139.
If you are trying to sell your … (0 comments)

Castlewood Real Estate Market Report - September 2010 - 10/08/10 09:15 AM
September was not kind to home sellers in Castlewood. Just as in August, there were no sales or pending sales for the 3 homeowners trying to sell. Priced from $499,000 to $759,000, with an average price of $585,666, Castlewood ranks as one of the most affordable neighborhoods in Buckhead.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles that might just help you sell faster!
And, as always, if you have any questions about real estate, feel … (0 comments)

Brookwood Hills Real Estate Market Report - September 2010 - 10/07/10 03:43 PM
As September came to an end, the annual dog swim was probably more interesting than the real estate activity. With 27 available homes priced from $425,000 to $2,495,000, the average price for an available home now sits at $1,031,366. There was only one sale in September and only one pending sale of a foreclosed property. At the current level of activity, Brookwood Hills remains a solid buyers market.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There you'll find lots of useful articles … (1 comments)

Brookhaven Real Estate Market Report - September 2010 - 10/07/10 03:14 PM
September continued to be a challenging month for real estate activity in the Fulton County portion of Brookhaven. Inventories of available homes increased slightly while there was only one closed sale and one pending sale of a foreclosed home. Inventory levels now stand at 36 available homes, priced from $449,900 to $2,799,000 with an average price of $1,377,519. At the current level of activity, Brookhaven is becoming a stronger buyers' market by the month.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your Home section of this web site. There … (0 comments)

Argonne Forest Real Estate Report - September 2010 - 10/07/10 03:10 PM
While the real estate activity in Argonne Forest has been dismal recently, at least the inventory of available homes is dropping. Last month there were six homes available, now there are only four. Since there were no closings, some sellers may have decided to take their homes off of the market. There was one pending sale in September, a distress sale that awaits lender approval. Currently, the available homes are priced from $465,000 to $714,000 with an average price of $619,250.
If you are trying to sell your home, or planning to sell soon, check out the Resources for Selling Your … (0 comments)

How Much Worse Can the Mortgage Mess Get? - 10/07/10 03:08 PM
For the first half of the 20th century, housing was a relatively stable investment. Then, in 2002, housing prices exploded. What led to the explosion? Easy credit. The borrowing power of the typical home buyer more than tripled from 2000 to 2006. Factors contributing to buyers ability to borrow increased amounts included:
Lenders willingness to accept much higher debt-to-income ratios. Interest-only vs. full amortizing mortgages. Little, or no, money down. Low, and no, doc loans which led to widespread fraud. Slowly rising incomes. Falling interest rates. Anytime you have a greater demand for any product (housing) than adequate supply to fulfill … (3 comments)

Buckhead Real Estate Market Report - September 2010 - 10/04/10 01:49 PM
Real estate activity in September took a wrong turn and never bothered to look back. September saw a 30+% decrease in the number of closings in Buckhead from the previous month's 48 closings. The good news is that the groundwork is being laid for more closings in the last quarter of 2010 as 42 homes became pending contracts in September. Of those 42 pending sales, 23 are foreclosures or short sales. Six of the 33 homes sold in Buckhead during September were foreclosures.
The existence of so many distressed properties on the market is creating downward pressure on all housing prices. … (0 comments)

 
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Greg Lyles

Atlanta, GA

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Harry Norman Realtors

Address: 4448 Sentinel Post Road, Atlanta, GA, 30327

Office Phone: (404) 841-9634

Cell Phone: (404) 376-6873

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