atlanta real estate market: Is the Atlanta Real Estate Market Improving?
- 07/30/09 02:02 AM
The Atlanta real estate market is still moving forward, but we must actually assess what is taking place. Many of us have noticed that some of the real estate news is turning positive in many markets. Slight increases in Atlanta home sales and prices seem to have everyone in a more cheerful mood, but until we get at least 6 months of solid back to back improvements...only then can we quote a trend that we have turned the corner. I personally question recent increases in home sales. Now the media wants a positive spin on everything, so the news stories we … (16 comments)
atlanta real estate market: How is Your Real Estate Market? The Atlanta Real Estate Market is So So!
- 07/28/09 12:44 PM
The Atlanta real estate market has been soft for while. Thank goodness listing inventory is finally moving off its peaks, but it is still very high with over 71931 Active listings in all classes. Due to sellers being upside down, there is a lot less real inventory than there appears. Currently, the Atlanta market is off 15% in sales price from last year. Chronic overbuilding, speculation, e-z credit with no money down, foreclosures, and 10.7% unemployment levels in Metro Atlanta has cooled our market off considerably. Recovery is still a bit down the road. In spite of this... I noticed activity is picking … (22 comments)
atlanta real estate market: The Busy Season is Upon Us!
- 06/18/09 04:48 PM
Many here on Active Rain must have realized that I have not been Blogging much recently. I have also been taking care of my health...losing weight 30 pounds, and getting in shape. TI was also busy because I was actually busy closing real estate deals for a change. We have several more closings on the books which is a great thing in this market. Our deals these days are mostly buyers that are mostly Internet related deals, and a few from Active Rain! My favorite line is from the Sapranos when Carmella asks Tony to do something for her, and his response is "You … (31 comments)
atlanta real estate market: What is the Best Time to List A Home?
- 02/28/09 01:49 PM
This year's real estate market may be very different than previous years. Yest Interest rates are very low for 30 year fixed rate mortgages, but it still seems to be a difficult time to sell. Fewer buyers these days are qualifying for mortgages. Those that are employed are nervous about the economy, and do not want to part with the larger down-payment. Buyers are very conscious of the economy and layoff trends. Many lack of down payment, so they are saving and looking for great deals. The one thing that is great about having a lot of experience in Atlanta real estate market is that you can … (8 comments)
atlanta real estate market: Atlanta Real Estate Market Report July 2008 | Atlanta Active Real Estate Listings
- 07/19/08 01:08 PM
Atlanta Real Estate Market Report July 2008. As of today July 19, 2008 in our First Multiple Listings Service FMLS there are Active - 88643 Properties Found. Active - 88643 Properties Found Atlanta Real Estate - All Classes Active - 57722 Properties Found Atlanta Homes for Sale - Single Family Detached Active - 11280 Properties Found Atlanta Condos for Sale - Atlanta Condos Town Homes Active - 3431 Properties Found Atlanta Land / Farms for Sale Active - 8535 Properties Found Atlanta Residential Developed Lots for Sale Active - 901 Properties Found Atlanta Multi Family Dwellings for Sale Active - 4426 Properties … (3 comments)
atlanta real estate market: Summer Atlanta Real Estate Predictions
- 06/22/08 04:56 AM
The first day of summer has just passed, and in retrospect this is the first Atlanta real estate spring market that never materialized. There are many reasons for this, rising gas prices, less consumer confidence, and a credit crunch, but the reality is simple, there are more homes and less buyers. The system for the time being is broke. The number of homes in our primary FMLS is now at a historic 88980 Active listings, just under 89400 listings where it stood this weekend! There is so much information about historic listed home inventory, drops in sales, and pricing that I will … (14 comments)
atlanta real estate market: Schools Out In Georgia! I Know Where the Sellers Are! Where are the Buyers?
- 06/02/08 01:52 AM
All of the schools in the Atlanta real estate market for elementary, middle and high school are now out for over a week. School's out for summer! This includes public and private schools. High schools have already graduated the seniors in the Class of 08" and they are getting ready for college. My question is where are the buyers? Normally the Atlanta market for the past few years has been a seasonal and local Atlanta real estate market... marked by the school season. Parents that are jockeying their residence and want to be in the new home and new school district before … (24 comments)
atlanta real estate market: Atlanta Real Estate March 2008 Home Sales Report | Atlanta Home Sales Continue Decline
- 04/23/08 03:04 AM
Atlanta Real Estate March 2008 Home Sales Report. Atlanta home sales and condos continue their decline. In Atlanta we closed single family detached 3,599 Atlanta Homes in March 2008 a decline of 35.9% YTD over March 2007. Atlanta condos and town homes closed down to 648 units in March - a decline of 40.3% YTD from same timeframe last year. Reduced sales, higher inventory of homes for sale and a big increase in Atlanta foreclosures has also lead to a major price decline for the once price stable Atlanta real estate market. The average price for single family detached Atlanta home was $246,901 in … (12 comments)
atlanta real estate market: Tax Time - No More Excuses! Atlanta Home Sales Should Pick Up!
- 04/15/08 02:46 AM
In the years I've been selling Atlanta real estate there is normally a pause in home sales in April. This year has been beyond sluggish! Atlanta homesales are way off their norms! Usually at certain times fo the year, sales slow and then pick up! I call it the "Spring Bounce!" April usually represents, Easter (This year it was early) Passover, spring break and tax time! It is a months where sales in real estate fall off while folks attend to the more important things in life. The last item tends to be "TAXES!" Yep the other shoe drops! Folks like to take … (10 comments)
atlanta real estate market: So How is the Atlanta Real Estate Market? Atlanta Market Report 11/25/2007
- 11/25/07 01:34 AM
Atlanta real estate market report. Sold homes in Atlanta: Listings in the Atlanta MLS are at an all time high and not softening. The current First Multiple Listing Service FMLS is showing 86340 Active homes for sale, and 4336 Sold in October 2007 VS. 6359 sales in October of 2006. That is a 32% drop in sales. We are at a point that Expired listings, and Withdrawns listings (unsuccessfully sales) are exceeding sales 2 to 1. The problems is compounded by rising foreclosures are almost twice that of sales. This is not a good scenario. Even though Atlanta did not have a major run … (7 comments)
atlanta real estate market: A Changed Atlanta Real Estate Market | New Realities for Atlanta Home Sellers | List Your Home or Sell It?
- 09/01/07 01:39 PM
I think in the Atlanta real estate community we can all agree that the Atlanta real estate market we've known it for the past few years has changed. Homes in Atlanta area not selling as they were last year. It is a buyers Market without Buyers! There are over 114,000 homes listed for sale in the Atlanta market, Each month the sales are now starting to be exceeded by the expireds and withdrawn listings. That is not even tapping into the foreclosure and Atlanta new homes market. However, no need for alarm, it is just part of a business cycle that is neither all … (7 comments)
atlanta real estate market: Atlanta Real Estate Market Is Still Selling | Our Atlanta Homes Are Still Selling | Atlanta Real Estate Agent Experience Helps Atlanta Home Owners Sell Homes!
- 07/28/07 01:25 PM
There is no doubt that the Atlanta real estate market is slowing, but the truth of the matter is that sales have not stopped. There is one difference between us an other agents, With our experience, we are still selling our listings! There are many agents and Atlanta home owners that call us up everyday for advice on how to sell their homes, and really unless the home is listed by us, it is unfair and unethical for us to tell a home owner the real secrets of how to get the sale done! This current Atlanta real estate market has … (3 comments)
atlanta real estate market: It Pays to tell the Truth! The Reality of Real Estate Today!
- 05/02/07 01:42 AM
"What if my home in Atlanta never sells? What if it sells at a Loss?" "Can you list this for nothing?" Sometimes the only way to get the seller's attention is with a real dose of reality! These are just a few questions to be used to the sellers in this current market to separate your ability from wannabee agents! Smelling salt questions! Most agents will want to sugarcoat the listing presentation. They'll smile a lot, make a lot of empty promises, get the listing, and it will be the last time the seller ever lays eyes upon them! Sound familiar? … (23 comments)
atlanta real estate market: Atlanta Listing Inventory All Time High. Market Summary April 2007
- 04/08/07 01:35 AM
I noticed over the past few days the residential listing inventory in FMLS our primary MLS search for Atlanta Georgia real estate has hit over 74491 Active properties found in all classes. Single Family Homes - Active - 51830. That is an all time high in listings. If you consider the closed month of sales for single family homes was 5047 2/15/2007 - 3/15/2007. In Condos there were 897 homes sold during this same period. Condos had Active - 10392 It's a good news bad news sort of thing. Atlanta homes values are doing very well in the sense that sales have … (2 comments)
atlanta real estate market: What's in a Name? Buyer's Market / Seller's Market - Everything!
- 01/30/07 11:09 AM
I ofter receive calls from brokers wanting a seminar on beefing up the listing presentations. I always ask them first, "What type of real estate market are you in? A buyer's market or a seller's market?" The brokers balk at answering first... and ask why am I asking the question! The question is vital to agent survival. In a buyer's market you need BUYERS! Why? You'll walk away from the closing table with more money. A good negotiator will always reap their rewards by taking a full commission, perhaps even an increased commission and a bonus. Any buyers agent worth their salt … (2 comments)
The Atlanta real estate market is still moving forward, but we must actually assess what is taking place. Many of us have noticed that some of the real estate news is turning positive in many markets. Slight increases in Atlanta home sales and prices seem to have everyone in a more cheerful mood, but until we get at least 6 months of solid back to back improvements...only then can we quote a trend that we have turned the corner. I personally question recent increases in home sales. Now the media wants a positive spin on everything, so the news stories we … (16 comments)
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