Tag Archives: Real estate

Atlanta Real Estate Market Stands Alone

While most of the country sees the real estate market revive, Georgia is still in a tough fight.

The best way to get an idea of the state of the real estate market in a certain place is to look at the foreclosure numbers.

Colorado and Texas have seen historic low numbers when it comes to foreclosures over the last year. Georgia, meanwhile, sees a foreclosure 1 in every 955 housing units, according to http://www.realtytrac.com/statsandtrends/foreclosuretrends/ga. In terms of counties, Butts County near Atlanta is the worst with 1 in every 301.

The website compares the number of foreclosures broken down by the type of filing, auction or bank-owned, with Georgia at .10 percent as of November. The national number is .09 percent.

The worst part of 2013 for foreclosures in Georgia was January. The positive sign is the rest of the year saw a steady decline, so the hope amongst realtors, economists and citizens of Georgia is the trend continues or at the best improves throughout 2014.

Numbers show signs of improvement

By November, foreclosures by auction were down 13 percent from October and 36 percent for the year. Bank-owned foreclosures were slightly up 9 percent from October but down significantly for the year at 61 percent.

For Atlanta, as of November there were 4,328 properties in some stage of foreclosure, according to Realty Trac. The number of properties that received a foreclosure filing was 2 percent higher than October but 46 percent lower the same time in 2012. That shows you how bad the real estate market in Atlanta has been.

Home sales for October in Atlanta were down 34 percent compared to the previous month, and down 38 percent compared with a year ago.

The thing with real estate and any form of the economy is that it’s cyclical. The one positive out of 2013 in the foreclosure numbers is it steadily got better as 2013 progressed. As mentioned above, the hope is that this continues through 2014. If you’re on the market to sell your home, consider www.homevestors.com.

The ebb and flow of real estate

To make your head spin a little more, and make the real estate news for Atlanta harder to understand, according to www.trulia.com/real_estate/Atlanta-Georgia/, the average price per square foot for an Atlanta home was $170, an increase of 27 percent compared the same period last year. The site adds that the median sales price for homes in Atlanta for Oct. 13 to Jan. 14 was $240,000 based on the 1,988 home sales. Compared to the same period last year, the median home sales price increased 20 percent or $40,000. To make those numbers look even better, the number of home sales decreased 8 percent.

When compared to the foreclosure numbers, you get an ebb and flow real estate market in Atlanta.

Strong year ahead?

What will help the market is to get the price of median homes to rise and to record levels. Do that and the foreclosure numbers will continue to drop. That’s one of the reasons the foreclosures in Texas and, specifically, Dallas/Fort Worth, are at the record numbers they are at as we speak.

The expected rise of the interest rates to 5.5 percent and the impact that will have remains to be seen. But as long as the foreclosure numbers in Atlanta and Georgia continue to drop, that’s a good sign to the real estate market as a whole.

Author Bio:  Ian St. Clair is an award-winning writer who has close to 10 years of newspaper experience. He’s written about everything from the Denver Broncos and college football to community theater and romance novels. He’s now at We Buy Ugly Houses Atlanta. You can find him at Google-Plus,

Ten Reasons Why You Should Call Roswell, Georgia Home

Roswell Mill Dam on Big (Vickery) Creek in Ros...

Roswell Mill Dam on Big (Vickery) Creek in Roswell, Georgia (Photo credit: Wikipedia)

Ten Reasons Why You Should Call Roswell, Georgia Home

Roswell, Georgia is a vibrant suburban community with a rich history, excellent home values and plenty of things to do—making it one of the most coveted cities in Georgia in which to live.

From a cozy downtown area to its proximity to the city of Atlanta, there’s plenty to love about the North Atlanta suburb. There are plenty of outdoor activities, thanks to the Chattahoochee River and other nature trails. There is also a plethora of shopping and other activities perfect for the entire family.

Roswell also offers some of the best schools in the metro area, making it an appealing destination to families.

If you’re looking for a place to call home in the Atlanta metro area, here are ten reasons why you should consider Roswell, Georgia.

  1. Small-town flair with big-city access. Roswell is only about 30 minutes from downtown Atlanta, yet far enough outside the Perimeter that it retains its small-town feel. This gives you the best of both worlds: a quiet, suburban lifestyle while remaining close to the best that Atlanta has to offer like its sports teams and nightlife.
  2. Miles of outdoor trails. Roswell boasts sixteen-plus miles of scenic walking/biking trails, including the Vickery Creek Trail in the Chattahoochee National Recreation area and the Chattahoochee River Walk passing through the heart of town. These trails are open year-round and are perfect for an afternoon getaway.
  3. Rich history. Roswell blends the best of the present with the richness of the past, with plenty of historic dwellings, Civil War landmarks and even ghost tours.
  4. Rich in culture and art. Roswell offers a remarkable amount of art and culture for a city its size, including the Roswell Cultural Arts Center, which serves as home to the Atlanta Wind Symphony and the Georgia Ensemble Theatre and whose 600-seat theatre hosts numerous musical, theatrical and cultural events throughout the year.
  5. Great shopping and dining. The historic district of Roswell is home to a great selection of one-of-a-kind boutiques, art galleries and specialty shops—and with a wide range of fabulous restaurants, Roswell is considered a foodie destination.
  6. Excellent school system. Roswell’s public schools are part of the Fulton County School System, which scores well above the state average with test scores.
  7. Great range of home styles and prices. Roswell’s growing population means a continuing number of new builds, along with spacious, well-established homes. While overall home prices are above the state average, home values range from the low $100,000s to the upper $300,000s and up.
  8. High appreciation rates. Home values in Roswell currently have some of the highest appreciation rates in the state, making them an excellent investment.
  9. Low crime rates. Roswell boasts one of the lower crime rates in the state of Georgia, making it a popular place to raise children.
  10. Nationally recognized quality of life. Roswell regularly places on “best place to live” polls, including CNN’s 2010 list of Top 100 Best Places to Live In the US.

Dac Carver is the Vice President and Managing Broker of Atlanta Real Estate firm Beacham & Company. A 17-year veteran of residential real estate, Dac graduated from Christ School, a college preparatory school near Asheville, NC and earned a B.A. in English from the University of South Carolina in 1991. He and his wife, Shannon, have two school-age sons.

3 Tips For First-Time Homebuyers In Atlanta

Atlanta Real Estate

Buying your first home should be an exciting time in your life. What better place to settle down than Atlanta? With the hustle and bustle of the city, a plethora of jobs, and all kinds of entertainment just around the corner; Atlanta is a great place to start a life and buy a home. With the excitement of buying your first home comes the stress and unknown. You may feel nervous and unsure of what the future holds, but by hiring the right real estate agent, exploring your options, and getting to know the area, you can make your experience a great one. Whether you are buying brand-new or a fixer-upper; get to know plumbers in the Atlanta area, contractors, and others who can help you fix up your home for the best price out there.

Take Your Time To Look Around

Atlanta is a huge city so there are a ton of options out there for first-time home buyers.  As long as you’re not in a huge rush for a job or if your rent contract is ending, be sure to take your time to explore all your options. Figure out what you can afford financially in Atlanta and consider what type of home will work best for you. If you have children (or plan to in the future), you will obviously want a house that will be able to accommodate everyone. If you are enjoying the single life, a townhouse or condo might be your best bet.

Find A Reputable Real Estate Agent

As mentioned above, Atlanta is a huge city so your chances of finding a great real estate agent who will work hard to get the most for your money shouldn’t be too hard. Let them know exactly what you’re looking for and be clear about setting a strict budget. Let them know the general idea of what you’re looking for and your agent will take it from there!

Do Your Research

Chances are, you might need to do a bit of fixing up on your new home as a first-time home buyer. Do a little bit of exploring and ask around to find out who the best contractors, electricians, and plumbers in Atlanta are just in case your new home needs a bit of fixing up. Do your research by talking to others in the area and see who they recommend. Try researching online reviews of specific companies as well.

Atlanta is a great place for a first-time home buyer and buying your first home can be a rewarding and memorable experience. Be sure to take your time and try not to become overwhelmed… find a reputable real estate agent and do your research to ensure a successful search.

Featured images:
  •  License: Royalty Free or iStock source: http://office.microsoft.com/en-us/images/results.aspx?qu=home+buyer&ex=1#ai:MP900442362|

Samantha Wideman is part of a team of writers and specializes in writing about current news events.