Overall, it is not a Buyer’s market for residential real estate in Atlanta. Heery Brothers thinks of a buyer’s market as conditions where purchasers have the leverage to negotiate favorable price and terms. This is all property by property, but many buyers feel foiled by today’s market. Many experience scare inventory, lacking options and price exhaustion. Good news is this is starting to correct. We see signs of equilibrium. Let’s address the supply side.
Atlanta’s detached residential housing inventory:
Big Changes with Georgia Association of Realtors’ (GAR) Purchase and Sale Agreement – What it means for you
First to the bottom line before the Heery boys get all wonky – Earnest money amounts are going up! A major change in how the contract is written is going to push sellers to ask buyers to have “more skin in the game.” This change may also be accompanied by increasing interest in leaseback period after closing. We are not a fan of sellers living in the houses after closing, but this may also result.
Recent case law which strikes … Read more
3619 Ivy Road is a home of sculptural forms that ennobles life through art. Villa Atlanta’s Architect, Michael Sizemore FAIA, is an Artist as well as Founder of Sizemore Group Architects and Master Planners. His firm has a long resume of planning and architectural work for universities, town centers, as well as the Atlanta Olympics. He has focused his skills towards this beautiful estate in its extraordinary location.
The unique location spans residential and commercial nodes but nods … Read more
Shock and …
I think it is safe to assume your property tax assessment increased. We wanted to write a blog targeted to our many clients in Fulton County. The “awe” part is we are just starting with a new normal of annual increases. Appeal often and let us know if you need help in other counties.
What’s the Bottom Line?
You likely received an assessment notice in May and the deadline for appeal is July 6th. The only … Read more
572 East Wesley is charming renovated four-bedroom house Built in 2011 on existing foundation and expertly maintained.
Architect Michael Hopkins maintained the Garden Hills charm. Ground floor has Dining Room, Living Room, sunroom, guest room, full bathroom and gracious eat-in kitchen. Walk-out to flat patio from the main. Upstairs has 3 bedroom and 3 bathrooms – including expansive master suite. Fabulous stone patio and firepit. Spacious detached 2-car garage with storage.
Convenient to Frankie Allen Park, local private … Read more