Market Information
Posted on: March 1st, 2013
Heery Brothers is delighted to welcome Joy Andrews to our team. As market activity continues to build, Joy adds a great deal of depth and professionalism. We are fortunate to find somebody that is such a good fit. Joy Andrews has over 12 years’ experience in real estate sales, sales management, new construction, market analysis and marketing. She has worked in various markets around the Atlanta metro area concentrating on new construction and representing several builders, including John Wieland Homes … Read more
Posted on: September 5th, 2012
This is the headline from a great Wall Street Journal article today by Nick Timiraos. Click here to read.
When the trend bucks seasonality – that might be a sign of a strong recovery.
Some of the criticism of the recent residential recovery is that it is temporary and artificial because of low money cost and monetary policy. We think if this were completely true, we would not see it in more expensive markets. In our markets, where … Read more
Posted on: February 29th, 2012
We are big fans of Berkshire Hathaway and its founder Warren Buffett. As a matter of fact, we think Berkshire Hathaway is one of the most underpriced stocks out there – which at $119,000+ per share is saying something about its “intrinsic value.” Luckily for mortals, the class B share is about $80 per share. What does Mr. Buffett say about housing? Below is a quote from his Annual Letter to Shareholders. Here it is:
“Housing will come back … Read more
Posted on: February 9th, 2012
Heery Brothers is pleased to present another quality new home by experienced Earthcraft custom home builder, Crestar Properties. Complete Winter 2013. Brick & cedar, 10ft. ceilings, high end appointments, walk out backyard, plenty of unfinished daylight basement, sidewalk to Morris Brandon. Pool option $75,000. Property is also known as 985 Dawnview Lane. For more information in this listing, please click here. This is the third house to be built at the corner of West Wesley and Dawnview. The … Read more
Posted on: February 6th, 2012
Every year we blog about Atlanta’s top public elementary Schools. Why? Quite simple at a high level – Atlanta’s real estate market performance has been heavily co-related to school performance. And why is that? Well, this is not simple. Politics, demographics, availability of educational alternatives, etc. all play important roles. As far as real estate is concerned, a significant portion of property taxes are allocated to schools in the area. Where people are spending a high proportion of their income … Read more
