Fitzgerald Realty Blog

Real Estate Broker/Owner - Fitzgerald Realty, Inc.
Discussion of land related topics moderated by Atlanta Land Broker, Mike Fitzgerald of Fitzgerald Land & Commercial Realty. Discussion focuses on residential subdivsion development, intown redevelopment, industrial and office land on green fields and brown fields. Land zoning, financing, environmental concerns and marketing techniques are also discussed.
Mike Fitzgerald | Fitzgerald Realty, Inc | (404) 478-9859 775 Berkeley Ave, Atlanta, GA Newly renovated, level fenced backyard, full basement, pine hardwoods, garage and carport, very large bathroom. 2BR/1BA Single Family House offered at $225,000 Year Built 1940 Sq Footage 950 Bedrooms 2 Bathro...
Ask any land appraiser in town and you’ll hear the same story. Land sales comparables are virtually non-existent over the past 18 months. That is starting to change based on my personal appointment book for Closings and word of mouth from other brokers about deals that are pending sale in the nea...
NOTE:  I am not an attorney and this article merely relates different strategies I have seen friends and customers try when faced with land that is worth less than the amount borrowed against it.  Please visit our Professional Resources  page to find an attorney that knows far more about these is...
I get calls all the time from private equity investment funds looking to purchase notes on residential subdivisions.  I also list my fair share of FDIC and bank-owned developed lots and raw land.  As I go about the business of trying to sell this "dirt," I've noticed some troubling trends.  The f...
The Lincoln Institute of Land Policy publishes Land Prices for 46 Metro Areas in the US with quarterly data from the 4th quarter of 1984 to the 1st quarter of 2009. The graph below shows quarterly lot values for the Atlanta metropolitan area. Residential Lot Values in Metro Atlanta The Lincoln La...
I got three calls today from real estate appraisers.  Now that's a high number -- I usually average about one call a day but these calls were interesting in that the appraisers were not calling to verify specific sales comps from transactions that I brokered.  These appraisers were calling to inq...
  Add another acronym to the alphabet soup of programs for homeowners facing foreclosure.  The Treasury Department rolled out its new HAFA program (Home Affordable Foreclosure Alternatives) on November 30th.  This program is a last resort for borrowers unable to make payments, sell their property...
On November 9, President Obama signed an extension of the Home Buyer tax credit as part of a $24 billion economic stimulus bill that will also extend unemployment benefits. The tax credit applies to new and resale homes. There are some significant changes to the tax credit that was due to expire ...
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Take a moment to check out our improved website at .  We have 2 new bank foreclosed subdivisions listed.  The direct links are: and

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