Randy 's frugaL REaL EstATe Blog

 This Atlanta market is big diverse mess.  Homes are hot and they're cold. Depends. Alpharetta, a new-money suburb to the north, is on the list of homes expected to drop the least this year. What the heck does that mean? I quote the Atlanta Journal who references the CNN blah blah:  "Alpharetta r...

My most recent closing last week was a happy sale.  The property, a nice 2/2 condo came to market at 126k and after 435 days we (I'm on the buyer side) purchased for 97k. Inspection revealed that the Furnace, Ac, and H2o heater were roughly 20 years old, but the buyer was being given a 1 yr home ...

Local builders are having sales like we've never seen. They want inventory to move as they've got interest payments due they're willing to cut a deal here and there. The latest I've seen is Bowen who's offering 10,000 up to 50,000 to buyers this weekened only on homes from 150-500k.  This is a gr...

Living "In-Town" Atlanta means old housing, or new and very expensive, usually built on previous homes that have been torn down.  Combine the aging market of homes with what people want and its time for rehab.One problem here is the money. Atlanta buyers in general have some of the weakest credit...

Hi Many of you would like to know what's really going on in the local market.  Atlanta has some areas that went way too high with irrational speculation, then came down hard and have lots of foreclosures. [East Lake area comes to mind]   Other areas, like Oak Grove, Toco Hill, Medlock Park...rema...