Open House Weekend

Open House Weekend

Save the date and spread the word: the entire city of Atlanta is going on “Open House.” For one weekend only, you can preview almost all of the homes for sale in Atlanta. No hassle, no hurry and no wait! April 20th and 21st.

Avoiding House Hunt Heartbreak

Avoiding House Hunt Heartbreak

Looking for a new home? Where do you even begin? Searching for properties can be a great experience and narrowing down all the possibilities to find the perfect home can be a truly rewarding process.

There are a few things to watch out for during your home hunt though and a recent article on Zillow’s blog points them out, likening it to going on dates before finding “the one”. Read the original article on Zillow blog.

New Home Construction Increases

New Home Construction Increases

In yet another sign of a market recovery, new home construction grew by over 50% year on year from 2011 to 2012 in metro Atlanta. A total of 8,288 homes were started but still didn’t meet the growing demand for property as recession foreclosures dropped and homeowners were hesitant to sell. Builders expect to start at least 25,000 homes a year within five years to address the backlog demand and growth in the Atlanta area.

The original article can be read at Atlanta Journal Constitution.

Atlanta Foreclosures Drying Up

Atlanta Foreclosures Drying Up

From 2007 to 2010 there were a sad rise of repossessions and foreclosures of homes across the US, peaking in 2010 with over 13,000 foreclosures in a single month. Thankfully those days are behind us as the number has now dropped to below a third of the 2010 peak even though the current foreclosure rate is still higher than it needs to be.

As a buyer this can mean some cheap options to consider, though foreclosures are typically “as-is” sales and rarely does anyone leave their house willingly. For sellers, these types of home sale can significantly lower the comparable price for your home when it comes to price evaluation.

Read the full article at AJC: Foreclosure notices at lowest level in years

Atlanta #1 Investment Property City

Atlanta #1 Investment Property City

Following a study by Deutsche Bank that was published in Fortune, the top list of places to buy investment real estate in the United States has Atlanta as the #1 city.

The study cites great rental income return and low property buying prices as standing out amongst Orlando, Rochester, Cleveland and St Petersburg.

Read the original article at CNN Money.