New Study: Residential Lots in Atlanta worth $8,000 Each - 12/15/09 12:15 AM
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 Land Policy data takes a different approach to surveying residential lot values than the other two major research providers in the Atlanta market. Since lots rarely change hands in built-up areas, it is difficult to ascertain lot values from direct sales.
Instead Lincoln takes home resale prices and backs out … (1 comments)

How many appraiser calls a day is normal in this market? - 12/08/09 10:53 PM
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 inquire with me to see if I knew of any comps at all for land sales in Henry, Clayton and South Fulton Counties.Now I suspect the recent uptick in appraisal activity has to do with the 4th quarter and for that matter the year coming to an end.  The problem is … (2 comments)

Treasurey Dept announces new Home Affordable Foreclosure Alternatives (HAFA) program - 12/07/09 01:43 PM
 
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 or refinance their loan.  The HAFA program seeks to address many of the complaints surrounding short sales and deed in lieu of foreclosure transations.
Any agent that has worked a short sale, can attest to the difficulty and senseless time wasting involved in a short sale.  The first problem is there is no accepted process to … (1 comments)

 
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Mike Fitzgerald

Atlanta, GA

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Fitzgerald Realty, Inc.

Address: 775 Berkeley Ave, Atlanta, GA, 30318

Office Phone: (404) 603-5460 x 1

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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.


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