Atlanta Real Estate Blog

Watch this video – you will get a kick out of this:

 

“…And the company that’ll bring it to you: AT&T”

Well, AT&T did help transport the 1′s and 0′s on their fiber optic lines.  But… AT&T didn’t bring us these things.

They didn’t cash in. They imploded.  Google, Motorola, Skype, Paypal and Apple brought us these things, and cashed in.

Question for you ::

What technologies are we going to have in 2033?

Do you think they will be brought to us by… Google, Motorola, Skype, Paypal and Apple?

Or will it be a new crop of companies nobody’s ever heard of?

Post your comment below.  Have a great weekend.

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from the New York Times...

Even some of the cities that suffered the most in the housing bust are showing signs of improvement, with prices beginning to recover in places like Miami, Atlanta and Detroit, according to the latest housing data. Several factors have helped: investors have bought cheap properties, reduced inventory has led to competitive bids, and lower interest rates have buoyed buyers — at least those who can qualify for a mortgage.

from S&P Dow Jones...

Data through June 2012, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that all three headline composites ended the second quarter of 2012 with positive annual growth rates for the first time since

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There are a number of reports and studies circulating on the internet and in the media about Americans’ lack of retirement planning. A survey conducted by LIMRA, a financial services trade association, showed that approximately 49 percent of Americans say they aren’t contributing to any retirement plan. (1) While this trend isn’t exactly new, it’s still a concern considering that retiree health care costs have increased an average 6 percent a year since 2002, according to a study by Fidelity Investments. (2) Additionally, according to a new Gallup survey, Americans’ expected retirement age has increased from 60 to 67 over the last decade and a half. (3)

It’s clear that saving for retirement has become more important than ever, but many pre-retirees

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If you’ve been considering investing in Atlanta real estate, you’re in good company! Existing home sales are up in January for the third month in a row. One out of every four buyers were investors. The difference between them and you? They took action!

Still not convinced? Here’s what Warren Buffett recently had to say about residential real estate: “I think it’s about as attractive an investment you can make.”

Are you really going to let this incredible opportunity pass you by while others are building their wealth through real estate?

Just consider these four reasons to buy real estate now—before it’s too late!

Historically Low Interest Rates

Why are low mortgage rates (below 4% for 2012) so important? Low interest rates mean lower

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113 Mary Gay Ct, Decatur GA 30030

113 Mary Gay Court, Decatur GA 30030

MLS #: 5042447

Located in the Swanton Hill subdivision in the heart of Decatur, 113 Mary Gay Court is a 2 bedroom 2.5 bath renovated brick townhome. The kitchen has been totally remodeled with solid granite counters and stainless appliances. There is a landscaped front yard, a patio, and a one car garage.

113 Mary Gay Court, Decatur GA 30030 Fireplace Do you find yourself being reachable by cell phone, email and text messages at all times? If you yearn for the idea of simplifying your life, then owning this townhome is the hassle free experience you’ve been looking for. Because this 2 bed/2.5 bath, 1985-built cottage gets much of its appeal due to recent upgrades. Wait until you see the difference it makes when an owner goes the extra mile. 

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55 Candler Road NE, Atlanta GA 30317

55 Candler Road NE

East Lake | Atlanta GA 30317 | MLS# 5035634

Located in the historic East Lake neighborhood in City of Atlanta, 55 Candler Road NE is a 3 bedroom 2 bath renovated cottage sitting on an oversized corner lot with side entry/off street parking.  The kitchen has been totally remodeled with solid granite counters and soaring cathedral ceilings.  There is a a wood entertainment deck off the back and a large, fenced backyard. According to the owners the home is about 1650 square feet.

What sets this home apart from others in the area is it was built on a large CORNER lot.  A less discerning buyer might mistakenly discount this home because of the busy Candler Road address.  But you know a large corner lot like this one is rare

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1401 Junea Ct, Tucker GA 30084

1401 Juneau Court, Tucker GA 30084

MLS #: 5023603

Located in the Montreal Woods subdivision in Tucker, 1401 Juneau Court is a 3 bedroom 1.5 bath renovated brick ranch. The kitchen has been totally remodeled and the living room expanded.  There is a landscaped front yard, a patio, and large, fenced backyard. According to the owners the home is about 1450 square feet.

Ask your agent if this is true: Do some sellers intentionally set a low price when they want to sell quickly? It does not happen often, but the answer here is "yes". Priced at $174,900 to bring instant attention, this home won't last long on the market.  And you will perk up just knowing this is the personal residence of an architect because this recently-renovated ranch home

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A new trend in real estate investment is emerging: parents investing in real estate to fund their children’s college education.

With the decline of the stock market in the past decade, more parents are seeking to invest for their children’s future through other assets, including real estate. These parents believe that the time is right to purchase real estate because of low prices and mortgage rates, and a strong belief that real estate prices will show considerable appreciation by the time their children are in college.

The idea is to purchase a house as an investment property when a child is born or very young. Ideally, a 15-year fixed rate mortgage is used for a property that cash flows in the first year. By the time the child has reached college

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Over the last few months I've had a number of past clients ask me whether a "lease purchase" would be viable to help them sell their home. Though it's not right for everyone ... it can be a win-win real estate deal, and it can help solve a serious problem for today's frustrated sellers.

Here's how it works:

In its simplest form, a lease-purchase agreement is nothing more than a written contract to purchase real estate over an extended period of time, typically not exceeding 36 months. It is usually coupled with an agreement to allow the purchaser to occupy the house and pay rent on it while he is completing the purchase.

In contrast, a lease-option agreement is primarily an agreement to rent real estate. That agreement contains a provision

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The 2011 Oakhurst Real Estate market had an uncanny resemblance to the 2010 Oakhurst Real Estate market with a total of 92 homes sold ranging in price at the low end of $125,000 to the high end of $795,000.  That's just 5 more homes than 2010 when a total of 87 homes sold ranging in price from $113,000 to $638,000.   

In 2011, the average Oakhurst home listed for $378,131 and sold in 85 days for 94.35% of list price at $349,252.    That's a slight improvement when compared to 2010 when the average Oakhurst home listed for $368,635 and in 101 days for 94.86% list price at $343,956. 

A quick look at the numbers and we discover the improvement in average sales price is, in large part, because of the higher total sales volume of homes sold above the

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