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Archive for the tag “moving to atlanta”

Atanta – Top 5 Markets to Watch

The WOW Team knows how to Live Atlanta Luxury“Atlanta is one of the Top 5 Markets to Watch in – 2016.”
The Urban Land Institute (ULI), is a nonprofit research organization who recently published its Emerging Trends in Real Estate report. They report that individual real estate markets are ranked based on their performance (and their expected performance) in three primary areas: investment, development, and home building. The general consensus is that Residential and Commercial real estate in Atlanta will thrive throughout 2016.

Aerial Photography by:  Joshua Vensel / VENVISIO, LLC

Why?
A) Home Building is still far behind our peak of 60,000 permits in a year. In 2014 according to the U.S. Census there were neawrly 27,000 permits pulled. This year’s stats haven’t been released yet but we suspect a healthy increase over 2014. However, there is still a notable lack of New Home construction in ALL price categories.
B) Resale Inventory remains low with less than 5 months of inventory in most price categories. Many homeowners are stuck because they don’t have enough equity to make a move worthwhile;
C) There is a pent up demand by homeowners who HAVE regained enough equity to sell and trade up.
Caveat: The Luxury market is a different story. Luxury homes is defined here as homes with a value of over $1.million. Depending on what geographic area you are in the inventory may fluctuate between 1-2 years. This too is better than a few years ago when inventory was between 2-3 years in the Luxury price points above $1.million.

Here are the Top 10 Markets:

• Dallas/Forth Worth, TX
• Austin, TX
• Charlotte, NC
• Seattle, WA
• Atlanta, GA
• Denver, CO
• Nashville, TN
• San Francisco, CA
• Portland, OR
• Los Angeles, CA

Chief economist Lawrence Yun says the trend represents the release of pentup demand by homeowners who have regained enough equity to sell and trade up. But when you combine that with homeowners who might move but are stuck because they don’t have enough equity, plus a notable lack of newly built homes, you have a short.

Contact Janet Weidmann with the WOW Team to learn about the real estate inSuwanee, Johns Creek, Alpharetta, Roswell and your immediate neighborhood. Reach out to The WOW Team with any questions you may have on Georgia Real Estate.
Link here to find out the real value of your home.

Thank you — Janet Weidmann | Team Leader of the WOW Team
Phone: 404-531-5700
Mobile: 770-597-2862

Historic Roswell GA ~ a Favorite Community just north of Atlanta

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The city of Roswell is named after Roswell King who settled here around 1830.  Roswell built a cotton mill and a plantation but the Civil War brought destruction as Sherman ordered the burning of the mill.    The Smith Plantation home, Barrington Hall, , and  Bulloch Hall still stand  as  testaments to the plantation era surviving the fires and now lovingly restored. Bulloch Hall is most notable as the childhood home of President Theodore Roosevelt’s mother … Mittie Bulloch.

Let’s take a stroll downtown Roswell today.  Bistros, art galleries, boutiques, and fine dining are enjoyed by both locals and tourists alike.  Whatever your palette choice might be you can likely find it along Canton Street. Image

Stroll down Canton Street for Art Galleries, boutiques and fine dining ~ Roswell GA.

Stroll down Canton Street for Art Galleries, boutiques and fine dining ~ Roswell GA.

Alive After 5 festivities begins every 3rd Thursday from April to October. Come out to enjoy live music, free trolley rides, face painting, extended retail hours, and much more in historic Roswell.    Image

 

Looking for a good home in Roswell? Are you thinking of moving to the Atlanta vicinity?

The city of Roswell has redeveloped much of the area to afford newer townhomes within an easy walk to downtown Roswell. But, if it is a single family home you most desire, you’ll have to act quickly as home within a few blocks of downtown Roswell are few and rarely become available.

There is something for every price level.  The corporate executive buyer might enjoy the country club developments or a private luxury gated estate.  A first time buyer or move up buyer has plenty of opportunities to live  in close proximity to the incredible Parks that Roswell provides. Image

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Miles of biking paths follow the Chattahoochee River corridor where weekenders pedal in tandem and families gather for a picnic in the park or raft  the river on a hot summer day.  There’s Frisbee Golf, mountain biking, water parks and dog parks.  And of course there is the traditional baseball and soccer fields where tots and teens alike play ball yearlong as the temperatures are most often moderate.

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Quality of life and school excellence has swelled Roswell’s population in recent years to about 88,000.  Roswell H.S. and Centennial HS serve the public sector while a multitude of private schools serve both special needs and church denominations.

Historic Roswell is simply one of the most sought after areas of North Atlanta.  Located just 10min. north of the 285 perimeter, housing is affordable, schools are good, and commute time to the airport is a manageable 40minutes in non-traffic hours.  So arrange your schedule to leave between 6:30 -6:45am depending on your surface streets and you will experience an easy morning commute.

The WOW Team at Keller Williams welcomes you one of America’s Top Home Towns !  Feel free to call us for a guided tour

Should We Fear the Shadow Inventory ?

Predictions for housing in 2013 are bullish by most accounts.  That sounds like a fair assessment when supplies are low and demand is up in most market areas such as in Atlanta GA.Rear side of Providence Estate

Low inventory in good homes as well as geographic locations in close proximity to excellent schools drives housing desirability.  Here in Atlanta GA we are seeing “school flight” increasing demands on the Decatur City schools, while the city of Atlanta figures out the redistricting.  We see North Fulton and East Cobb county experiencing unusual demands on the low inventory, increasing the incidences of multiple offers on available “good homes”.

So what about the foreclosures and the short sale shadow inventories that haven’t hit the market yet?  How will 2013 shape up for the housing market in Atlanta and the rest of the country.  According the WSJ… the shadow inventory is overhyped as a housing threat.  The shadow inventory is shrinking.

Salem Dr  After photoAs a residential real estate specialist here in Atlanta I personally see evidence of  foreclosure homes being snapped up by the hearty investor appetite who are buying ‘to hold and rent’. Trimmed inventories and backlogs of investors are further reducing the discount of foreclosures due to competition.  While Atlanta’s market has liberal foreclosure laws (GA. is a non judicial foreclosure state) other states may experience a more difficult transition due to court-administered foreclosure processes to clear bad debt.

Where do you think we’ll be this time next year?!  Will our rear view mirror look back on 2013 as the year housing leaps forward or will the shadow inventory dampen our enthusiasm for the housing rebound?  My optimism tells me 2013 will be a banner year for most of us… most especially in our Atlanta market.  Don’t let the possible shadow inventory dampen your spirits!  Instead raise a toast to new beginnings… and let the New Year begin!!

May your 2013 be prosperous and filled with Joy!

Best real estate company in Atlanta for a reason!!

Hey Everyone,

Take a look at these stats just uploaded from Broker Metrics!… Keller Williams Realty First Atlanta lives up to it’s name of being FIRST!   Our office is FIRST  in days on Market (We out perform all offices in LESS Days on market!) That means our Sellers get to have an Under Contract sign hung on their yard sign before the competition!  Our office ALSO is FIRST in SALES VOLUME!  Simply said we sell MORE! GREAT Comparison of the Top 10 offices in Atlanta... Keller Williams out performs EVERYONE!
KW blog Stats 2012

GREAT Comparison of the Top 10 offices in Atlanta…

CLICK ON IMAGE to ENLARGE!  …….Watch for more stats to come as 2012 comes to a close!

Glen Abbey Mega Amenities v.s. Hartridge Intimate Swim Tennis

Clients always ask … “How important is living in a Swim Tennis community  for Resale Value.”  This is an interesting Question.  It is all in the perspective.  What communities are you competing with when you go to sell?  Are they truly comparable homes? Put on your Buyers cap to decide where you might get the better value.   Often if you have a growing family then YES, you will definitely attract the more like Buyers when you go to sell.  There is a caveat to this however.  If housing prices combined with dues for HOA are too high by comparison to other comparable neighborhoods which might be “closer in”, then many families will opt for an easier commute over the mega amenities package.

Tennis and Swim Club for Glen Abbey off Kimball Bridge Rd.

Hartridge Swim Tennis Club off Brumbelow Rd.

This Swim Tennis club at Hartridge offers WI-Fi and has a more intimate setting.  The pros are …. less costly maintenance and the neighborhood location is considered closer in.  Buying in a Swim Tennis community is still a good bet for Resale but as in anything in life…. there is a house and setting for everyone.  An updated home, well cared for and loved, trumps a swim tennis most every time!  The bonus is the amenities package!  Happy hunting….

Decatur: Small Town Living in the Big City

People of all walks of life flock to Decatur because it truly offers something for everyone. Decatur is one of the few Atlanta neighborhoods where shopping, dining and entertainment are only a short walk or bike ride away. Top rated schools, eclectic culture, a well-run city with an active community, and convenient amenities make Decatur a great place to call home!

Below we have highlighted some of the features that make Decatur, and its surrounding historic neighborhoods, a desirable and unique place to live:

Convenience- The city of Decatur is located just 6 minutes east of Downtown Atlanta. Decatur is conveniently situated for individuals commuting to/from downtown to work, college, or the airport. Three MARTA stations throughout the city provide multiple rapid transit options for those electing to walk or ride their bikes.

Food/Garden- Your Dekalb Farmers Market has been known for years to be a great place to go for the best-priced quality groceries and produce. Located in downtown Decatur, this 140,000 square foot farmers market has a reputation for carrying high quality goods with prices that are easy on the wallet. The majority of items found on the shelves are organic and locally grown. DeKalb Farmers Market supports small farms that employ humane, environmentally responsible and sustainable production methods. Decatur also boasts several community gardens, the largest being the Oakhurst Community Garden. Founded in 1997, Oakhurst Community Garden offers classes on all things gardening, houses 34 community garden plots, event space available for rental, chicken coops, a composting station, play area and green house!

Going Green- Decatur has many programs and policies that are making strides in going green for the environment. In 1998, Decatur instituted a “Pay As You Throw” program that essentially makes it more expensive to throw away trash rather than recycle the items. Residents buy designated City of Decatur trash bags, which cost more than your regular Glad or Hefty brand. The city will not collect trash in any other type of bag, and people who recycle more will save money by using fewer bags.The city also promotes “Earth Hour” where once a year all residents turn off their lights to celebrate their commitment to the planet. Another earth friendly effort they implement twice a year is a free Electronics Recycling event in which electronic equipment is diverted from entering landfills, where they may contaminate soil and water.

Parks and Recreation- Decatur offers a variety of ­­parks, pools, bike paths, ball fields, dog parks and more! The city has a multitude of events throughout the year, from free concerts to family festivals. The city plays host to several community events such as Blue Sky Concerts and Concerts on the Square at the bandstand in downtown Decatur. Residents can pack a picnic basket and listen to free music at lunch and in the evening! They also have an annual Decatur Beach Party, where the street is transformed into “Ponce Beach” with 60 tons of sand, live music, games, food and fun. Another extremely popular event is the Decatur Craft Beer Festival, which showcases over 100 American craft beers.

Variety- This area has a very diverse population, with 9-to-5ers, hipsters, college students, and families, they all come together to create a highly inclusive community attitude. Unique art galleries, antique shops, clothing boutiques, coffee houses, music stores and specialty shops can all be found in and around Decatur. While the shopping in Decatur is abundant, nothing can compare to the variety of dining options available. Dozens of popular restaurants are located along the Decatur Square and other gems are sprinkled throughout the surrounding neighborhoods.

Walkability- Most of the above mentioned retail, restaurant and businesses are within easy walking distance or short bike ride on beautiful tree-lined streets. Pedestrian and bicycle access is a top priority for their economic development program. Decatur has also produced a series of self-guided walking tours to encourage that form of transportation as well as familiarize people with the local attractions and history.

~The WOW Team

You don’t know where the housing bottom is until you look in the rear view mirror!

Looking in the rear view mirror~ ahh…. the market has finally turned!!

Ahhh… hindsight is everything!  They say we won’t know when we hit the bottom of the market until we look in the rear view mirror~  well look here!  I saw this moving truck today in my rear view mirror and had to laugh!  Yes, I think we have definitely hit bottom and we are now on our way back up!!!

~ A Mayflower Moving truck hauling down Hwy 400 in Atlanta GA.   WOW… I like this kind of “flower” blooming!

Typical to spring, the market heats up here in Atlanta,  but it’s been a long while since we have had listings fly off the market in record days!  The Under $200K category is strong.  Buyers are shying away from foreclosures and short sales due to the uncertainty of actually getting a contract to close!  It seems most foreclosure deeds are not of record, so closings are being delayed over and over again.  Buyers are frustrated.  Short sales are really long sales and unless a home is an “approved short sale” from the banks then you, the consumer may have months of waiting for the banks response on whether they accept or reject your offer.  Consequently those homeowners who have a non-distressed house to sell are getting great activity! If the house is staged well and maintained well, as well as realistically priced, then you can count on it selling within 45 days.  Yhea!!!

I had the good fortune to contract on 2 listings in the past 2 weeks before we could get them listed in the data base!  If you want more information contact the WOW Team of Keller Williams (#1 company in Atlanta)  We will help you SELL your home !

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