This could very well be some of the biggest news the Atlanta real estate market has seen in months - Lennar, one of the nation's biggest home builders, just announced that they are entering the Atlanta market. Todd Jones, a well known Atlanta home building industry veteran, has been named the Division President for the city, and it won't be[...]
John Hunt with ViaSearch discussed demographic trends at the Atlanta Housing Summit. He says to sell real estate it is time to go back to basics and really focus on product, price, place, promotion and target audience. Here is a brief overview of home buyer demographics in the Atlanta new home market: $150,000 is the new $250,000 in Atlanta. First-time homebuyers in[...]
West Point is buzzing with the excitement of the new Kia plant, which has officially rolled out its first car. In late October, the Kia Sorento successfully made its way through the production line, and will go on display in the factory's lobby.This particular Kia Sorento is history in the making because it is not only the first car made[...]
We've all heard the terms "short sale" and foreclosures, but what do they really mean to you as a homeowner? What do they mean to homebuyers? to Realtors? Through this multi-part series we will explore what these terms mean and how they could apply to you. Part 1: What do I need to know before entering a Short Sale? Before we get[...]
Good news in the Atlanta real estate market. Atlanta, along with 19 other markets across the nation, saw an increase in home prices in August. From July to August, home prices rose 1%, for a total of 3.3% since June. It does seem that home prices have been steadily increasing for the past few months, which is definitely a great sign[...]
Could renting foreclosed homes be the solution to the housing crisis and credit crisis? There is a great supply of foreclosed homes in neighborhoods across the nation, and just one has the potential to substantially bring down neighboring home values. And several vacant foreclosed properties in a neighborhood can be serious trouble – not just by decreased home values but also[...]
Many trends have recently pointed towards small being the "new big" in the recent years. The median size of the single family home has dropped nearly 50 square feet from 2277 square feet to 2215 square feet in the past 14 years. According to a recent article, with the economy and the real estate industry dwindling, large homes are not[...]
When it comes to ranking America's cities, Forbes seems to be king. They have so many lists from best places for singles to best Relovilles, and, on the plus side, Atlanta tends to make it on most every one of these lists. So, it's pretty exciting when we find a ranking not from a source other than Forbes in which[...]
To be a little more specific, the nationwide housing affordability is continuing to hover near its highest level in 18 years, the record was set in the first quarter of 2009. It hasn't actually surpassed the first quarter's numbers, but it is very close. According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index, 72.3% of all new[...]
There is great news coming out of the Georgia Department of Economic Development and the Metro Atlanta Chamber of Commerce. During the week of July 22, the Department of Economic Development hosted a press conference where they revealed that 43 companies have decided to either move their operations to the Atlanta area or expand, which will result in an anticipated[...]