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Fort McPherson Talks Redevelopment
2007-09-11 17:57:23
Government officials, both city and state, met today to go over plans for the redevelopment of the 487 acre Fort McPherson property, which announced, in 2005, that it was closing in 2011. What these officials came up with was asking the U.S. Army to donate 155 of those acres for a research park. a scientific research facility on par with the Massachusetts Institute of Technology and the Research Triangle Park Also announced today were some of the residential plans for the redevelopment project. The proposal calls for rezoning by Atlanta and a partnership with private developers, the state and East Point to create 150 acres of green space, with 30 acres set aside for a festival and event grounds. The future site may also feature up to 4,600 homes, four million square feet of office space and 400,000 square feet of retail and commercial space.


Celebrity Real Estate
2007-09-11 13:53:21
If you’re a fan of keeping up with where celebrities live and what their houses look like, I’m going to share three websites with you here that should keep you in the loop. Luxist - Luxist is a luxury blog for everything from apparel to pets to luxury real estate. They have an Estate of the Day category which will sometimes feature celebrity housing. The Real Estalker - Keeps up with celebrity real estate purchases and sales across the country. Big Time Listings - Celebrity Big Time Listings also covers celebrity real estate from across the country. One of the reasons I bring these celebrity real estate blogs up is due to the fact that over the past few days they have been giving some press to two top Atlanta celebrities with real estate transactions in the County Club of the South, in Alpharetta. The first was Whitney Houston and Bobby Brown’s house (yes, the one where they filmed “Being Bobby Brown”) that just sold. The other home (pictured below) belo


How Much Atlanta Real Estate Would You Get For $1,000,000?
2007-09-10 13:37:44
In their quarterly report, CNN Money takes a trip around the country to see what $1,000,000 worth of residential real estate looks like. Number 3 on their list was an Atlanta home in Norcross with 5 bedrooms, 5 and a half bathrooms contained in 3,200 square feet of living space. The price tag was $1.15 million. After you look at the Atlanta home tell me what you think. Better yet, shoot me an email or place the info in the comments below with what you think would be a better way to spend $1,000,000 on Atlanta real estate. Over the next few days, I’ll do the same.
Read more: Estate

Clark Howard Talking Georgia Real Estate On Prime Time TV
2007-09-10 11:06:53
Tonight, on WSB TV channel 2, Clark Howard will bring his expert consumer knowledge to prime time television as he speaks about Georgia real estate. The show starts at 8:00 PM, runs for an hour, and is titled, “Georgia Real Estate - The Good, the Bad & the Ugly”. Clark Howard’s scheduled to share stories about adjustable mortgages, being on the verge of foreclosure, how to make your house stand out in a buyers market, selling an Atlanta condo, and investing in real estate.
Read more: Talking , Real Estate , Prime Time

Top Places To Buy Vacation Homes
2007-08-13 08:46:20
I spoke earlier about a newer trend of buying vacation homes and/or retirement homes at an earlier age than people used to. Here is a list of the top places to buy retirement homes. Best Places To Buy A Vacation Home in the Northeast Best Places To Buy A Vacation Home in the West Best Places To Buy A Vacation Home in the Midwest Best Places To Buy A Vacation Home in the South It’s no surprise that here in the south, most of the locales are in Florida.
Read more: Homes

Where Are the Greenest American Cities?
2007-08-08 13:32:53
Country Home Magazine has recently released their list of the Top 25 Green Cities In America. Here are the top 5: Burlington, VT Ithaca, NY Corvalis, OR Springfield, MA Wenatchee, WA
Read more: American

Where Are The 10 Most Affordable Real Estate Markets In America?
2007-08-06 09:37:26
According to Forbes Magazine, here is the list of the 10 Most Affordable U.S. Real Estate Markets . Indianapolis, Ind. Cleveland, Ohio Detroit, Mich. Pittsburgh, Pa. Cincinnati, Ohio St. Louis, Mo. Atlanta, Ga. Greensboro, NC Dallas, Tx. Austin, Tx.
Read more: America , Real Estate

Is it Time To Buy A Home?
2007-07-30 10:16:42
I just came across another Barbara Corcoran article (sorry, you’re going to have to read this one, instead of just watching it ) regarding buying a home right now, in her area of the country that is a buyer’s market. Well, here in the Atlanta area, it’s a buyer’s market as well, and this information is great for anyone looking to buy real estate. Go check out her ten rules for buying in this current real estate market. I’m a particularly big fan of rule #5, and agree entirely with every word of it. “Don’t buy a property that is out of your budget… that is one of the reasons the market is where it is at.”


Housing For Your College Student
2007-07-16 10:49:26
If you have a student in college or about to go to college, spend four and a half minutes and watch this video from The Today Show. It talks about buying a house for your college student child and having him or her find friends to live with them and pay the mortgage. This is a great way to have some or all of the room & board paid for your child as well as a way to make some money on the resale of the house once your child graduates.
Read more: Student , Housing , College

The Difference Between APR and Interest Rate
2007-06-26 12:24:43
A very informative post pointing out some of the reasons why the APR of a home loan differs from the interest rate. I also loved this “rule of thumb” about discount points. Paying discount points to achieve a lower rate when taking a short-term ARM is always a money-losing proposition. Because this is a short-term 2-year ARM loan you will never recoup the money you paid in points to get the lower interest rate
Read more: Interest

Lavista Walk: An Atlanta Mixed Use Development
2007-09-27 10:00:20
At the intersection of Chesire bridge and Lavista Road, a new community is being built. This mixed use development will consist of: 283 Luxury Apartments 134 Stacked Townhome Units 11,000 Square Feet of Street Level retail Space Lavista Walk will be a gated community and the townhome units will be made up of one, two and three bedroom floorplans. Pricing will start at $209,900 for the 1 bedroom and go up to $419,900 for the three bedroom units.
Read more: Atlanta , Mixed , Development

Morningside Targeted For Residential Mixed Use Development
2007-09-24 10:09:14
The Opus Corporation is considering an area at the southeast corner of Piedmont Road and Cheshire Bridge for a new mixed use development. The targeted property is the current locations for Buckhead Midtown Vaccum, the Pot ‘n Pan restaurant, Piedmont Pawn, Da Chicago Dogs, Axiom Salon and a Nationwide Insurance office. The proposed development would consist of 50,000 square feet of retail space and 360 rental apartments. If approved, it would be the first residential mixed use development on a block that is currently occupied by restaurants and local retailers. In just about every direction, high density real estate is currently planned or under construction. Cheshire Walk and The Highlands are nearby on LaVista and Cheshire Bridge, and the new Lindbergh MARTA station are close by on Piedmont.
Read more: Mixed , Development

Fun With Billboards
2007-09-20 08:17:59
Whether this billboard earns business by making someone laugh or snags a bit of buzz by pissing people off, it was a stroke of genius by whomever designed it. I would love to throw out some link love to the website that is advertised on the billboard, but alas, the website only goes to a placeholder. Not such a genius move… Thanks to the Best Article Every Day blog for uncovering this billboard and 12 others that were quite worth a look.
Read more: Billboards

NPR To Air Series About Atlanta’s Proposed Beltline
2007-09-12 09:27:42
Tomorrow morning, WABE (90.1 FM) will air a seven part series on Atlanta ’s Beltline, a 22 mile loop of historic railroad that will pass through and connect 45 in-town Atlanta neighborhoods. The series will be heard on NPR’s “Morning Edition” sometime between 5:00-9:00AM. Beginning Thursday, September 13, “Morning Edition” on NPR (WABE 90.1 FM), will present a seven-part, in-depth series on Atlanta’s Beltline. In this News Special Report, Steve Goss and Kevin Keller explore the big picture of this one-of-a-kind green-space/transit proposal, including a conversation with Ryan Gravel, the former Georgia Tech student whose thesis gave birth to the project. You will also go on a tour of the proposed route, hear explanations of the green space and transit implications and learn more about neighborhood concerns.


Is It Good To Be An Early Entrant Into The Foreclosure Real Estate Market?
2007-06-25 21:01:42
Everyone has heard and repeated the adage, “The early bird gets the worm”. Early adopters of the internet and web technology made out like bandits, both before and after the dot com bust. But, to turn one of our favorite phrases on its ear, hear’s an article on why you shouldn’t be the “early bird” into a foreclosure real estate market.
Read more: Entrant , Foreclosure , Estate , Market

Luxury Trends For 2007
2007-06-19 10:00:12
Yes, there are some trends in the luxury housing market that are surviving; even flourishing in this “down market”. A recent article in the Wall Street Journal’s Real Estate Journal mentions a few of these designs. Better, Not Bigger Homes may not be getting bigger, for the most part, but that hasn’t stopped builders from packing them with pantries and decks — increasingly, several of each. John Laing’s new best-seller, a 4,121-square-foot called Plan 2 that sells in the $1 million range at Ravenna in San Clemente, Calif., has two butler’s pantries, two decks, with an option for a third, and two fireplaces, also with an option for a third. Orleans’s Bradford Grand II has two walk-in closets and two optional bookcases in the master suite, and four optional bay windows on the first floor. Standard Sunrooms Once marketed as a luxurious upgrade, sunrooms are now a standard feature in many builders’ top-selling models. More energy-effi
Read more: Luxury , Trends

Relocation Is Getting More Complicated
2007-06-13 10:46:52
In the past, if a job wanted you to relocate, the big decisions involved schools, crime, climate, compensation and things of that sort. However, in the market that a lot of the country is in currently, the salability of your current home and of the home you’re relocating to, is just as important. If you accept that relocation and the package does not include the company “buying you out” of your current home, things can get rough if your home stays on the market for a longer period of time (which is happening a lot throughout the country). In addition, if your relocation is going to be short term, what happens if you can’t quickly sell the new home your moving to once the company decides to move you again? Make sure that you add the salability of all the homes involved (both current and future) into the mix for consideration when you are offered relocation opportunity. Technorati Tags: relocation
Read more: Relocation

Six House Hunting Tips
2007-06-08 09:18:31
Getting ready to start looking for a home? Or are you already in the process of house hunting? Here are 6 tips for all of you when you’re looking for a new home.
Read more: House

Retirement Homes For The Young
2007-05-30 08:33:44
More and more young executive types are receiving inheritances and/or cashing out stock options to re-invest the money elsewhere. No, it’s not into the stock market, but into their future retirement homes. “But real-estate agents and financial planners around the country say they’re increasingly assisting younger buyers spending $100,000 to $500,000 for a house to call home in retirement. Partially at play is a cultural shift planners say they see among younger savers who aren’t content to just accumulate assets to use in retirement. Instead, this younger generation wants to put some of its nest egg to work today as an investment in family.”
Read more: Homes

First Time Home Buyer Tips
2007-02-13 10:05:41
I just came across this blog (Mortgage Lowdown)this morning, and even though the post was made back in November, it contains some very relevant information about buying your first home.
Read more: First , Buyer , First Time

New Atlanta Beltline Project Announced For Grant Park
2007-10-09 08:25:42
Construction should begin sometime in January of 2008 on a $75 million project in Grant Park, near the proposed Beltline, which will include; 342 Apartments 57 Townhomes An 8 acre dog park Volleyball courts A garden A parking deck for 500 cars So far, the project does not have a name, but plans have it going in on 18 acres of land fronting East Confederate Avenue between Avondale and Lester. The apartments will be ready in early 2009, while the entire project should be completed sometime in 2010.
Read more: Atlanta , Project

Forbes Ranks Atlanta As One Of Top 10 Most Stable Housing Markets
2007-10-03 10:26:49
Most of us in the Atlanta real estate industry have been screaming this for a long time. Atlanta is a very stable housing market!!! We don’t see the huge price swings that folks in the Northeast, California and Florida see. Therefore we don’t have to worry about our local real estate market crumbling. I truly believe that if we could build an anti main-stream media bubble around metro Atlanta, and keep out the “the sky is falling folks” in the media, Atlanta would still be steaming ahead at a good pace when it comes to the real estate market. Check out the whole list of stable housing markets, in which Atlanta was #7 in America.
Read more: Forbes , Ranks , Stable , Housing , Markets

Village At Redwine Planned For East Point
2007-10-22 12:50:43
Developers submitted plans recently for a mixed use development in East Point called Village at Redwine. The development will sit on 81 acres of land near Redwine Road and North Commerce Drive. 32% of the acreage will be saved for green space. Here are a few other particulars: 988 Residences 34,000 Square feet of office space 8,000 square feet of retail space Construction should take close to 2 and a half years to complete


Entire Town For Sale On Ebay
2007-11-01 09:57:03
It’s not Atlanta real estate, but I couldn’t resist posting about a small town for sale. It seems that the owner has decided to sell the entire town of Albert, Texas. And what’s even more intriguing is that he is selling it, via auction, on eBay. Albert, Texas is a 13 acre town just 50 miles north of San Antonio. It used to have a post office, but now only sports peach and pecan orchards, a dance hall, a pavilion, a three bedroom house with a tractor shed and a tavern that is only open on weekends. The reserve price is $2.5 million, which hasn’t been met yet.


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