Browsing All Posts published on »December, 2009«

2010 in Richistan: The Year of the Muddling Millionaires

December 30, 2009

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Submitted by George Heery, REALTORĀ® and Founding Partner Atlanta Fine Homes Sotheby’s International Realty. The population of U.S. millionaires shrunk more than 15% in 2008. With Lehman Brothers Holdings having collapsed, 2009 was shaping up to be even worse. Stocks were falling, along with most other asset classes. Hedge funds and private equity were locking […]

Existing home prices up 2.4% in Atlanta

December 30, 2009

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Submitted by Andrea Cueny, REALTORĀ® The median price for existing homes sold in metro Atlanta grew 2.4 percent in November compared to the year before, according to data released Tuesday by the National Association of Realtors. The median price in the metro area was up to $129,300 from 126,300 in November 2008, NAR said. Sales […]

Featured Home: Suburban home with Cottage style (PREVIOUSLY LISTED)

December 29, 2009

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Do you want a home that looks and feels like a cottage, but need the space of a suburban home? Did you think that was impossible? Visit 170 High Bluff Court in Duluth and you will find your dream home. Four bedrooms and four and a half baths take on a whole new dimension. Quality […]

Down-Payment Standards Eased

December 29, 2009

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Submitted by Eve Whitaker, REALTOR BY RUTH SIMON Some mortgage insurers and lenders are beginning to relax their down-payment requirements, in a sign of increased confidence in the housing market. The changes, which are being done on a market-by-market basis, mean buyers in some parts of the country can now borrow 95% instead of 90% […]

Sovereign has many successes in leasing commercial space

December 29, 2009

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Regent Partners shared its excitement over Sovereign’s super-successful leasing achievements with the Rooster the other day. Regent has leased close to 90-percent of its commercial real estate space at its luxury high-rise in Buckhead, and the success comes at a time when Buckhead faces historically high class A office vacancy rates. With more than 500,000 […]

Another Big Gain in Existing-Home Sales

December 28, 2009

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Submitted by Andrea Cueny, REALTOR Existing-home sales rose again in November as first-time buyers rushed to close sales before the original Nov. 30 deadline for the recently extended and expanded tax credit, according to the NATIONAL ASSOCIATION OF REALTORS(r). Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.4 percent to a seasonally […]

Featured Home: Six Acre Estate overlooking the Chattahoochee (PREVIOUSLY LISTED)

December 28, 2009

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6690 Riverside Drive is a sprawling home on six acres overlooking the Chattahoochee River. Built in 1967 and nicely renovated it is more than move-in ready. All the rooms in this five bedroom, four and a half bath home are oversized. So much space and natural light to take advantage of here you will have […]

Featured Home: Sustainable Country Cottage (PREVIOUSLY LISTED)

December 23, 2009

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Thirty-two miles south of Atlanta in Palmetto, Georgia is a community only dreams are made of. Serenbe was founded on the principals of sustainability and it is a part of everything from development of the land to home construction. It will be evident the minute you enter the community and solidified when you see the […]

Featured home: Executive home in White Columns Country Club (PREVIOUSLY LISTED)

December 22, 2009

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The White Columns Golf community is the location of this wonderful home. The two story stone accented home sits slightly raised above White Columns Drive. Professional landscaping gives the home great curb appeal. There are deep warm colors throughout the main living areas, immediately adding a sense of comfort to the open floorplan. Fireplaces are […]

Featured Home: Gracious Buckhead Condo (PREVIOUSLY LISTED)

December 22, 2009

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Dreaming of high-rise living? Then this should be your first stop. The Phoenix is a magnificent building located conveniently in Buckhead. A spacious three bedroom, two and half bath condo is now available and has been reduced significantly from its original price! Now is the time to take advantage of a great opportunity. The space […]