Luxury homes now within reach

I had the opportunity to attend a broker luncheon today at 1100 Garmon Drive in Buckhead, where my friend Adam has a gorgeous 7 bedroom Mediterranean offered at roughly half the price it entered the market... not too very long ago. With jumbo mortgage rates hovering in the 5% territory, there are plenty of opportunities for the move-up buyer to land the home of their dreams!

Click here to see details of this luxury home for sale on Garmon Drive in Buckhead.

JUST LISTED!!! Three bedroom brick townhome in Grant Park - priced to sell fast!!!

Just listed in Grant Park - 842 Commonwealth Ave SE

Amazing price on this Craftsman-style townhome built by Beazer Homes in 2005. Higher end finishes throughout. Separate living room with travertine surround fireplace. Covered rocking chair front porch balcony off of living room. Garden tub in master. Third full bath upgrade downstairs. Upgraded granite selection in kitchen with rich tone cabinets and stainless applicances. Spacious dining area with raised panel molding detail. Deck for entertaining faces lush green space. One car garage. Priced to sell…will not last!!! Call today to schedule a private tour. J.D. Kellum, REALTOR (404) 307-7334.

Click here for more information on this townhome at 842 Commonwealth Ave SE in Atlanta, GA

COMING SOON!!!! Great priced Craftsman bungalow at 117 Pearl Street

COMING SOON...Another fantastic Intown find on this Craftsman bungalow at 117 Pearl Street in historic Cabbagetown!!!

We are very excited to offer this 3 bedroom, 2.5 bath authentic Craftsman bungalow in Cabbagetown. The home is complete with one car garage and detached home office -- perfect for the home based business or executive who prefers to telecommute on occasion! Call today at 404-307-7334 to schedule a private preview, before it hits the market! Offered exclusively for sale by J.D. Kellum and Debby Crawford of Keller Williams Realty Atlanta Midtown.

Atlanta home values

I have set up a great tool to help you monitor prices and values in Atlanta -- by zip code or neighborhood. This site will update you monthly with a snapshot of which type of homes are selling, at what price... and how long a particular house has been on the market. You can even view a graph depicting asking price vs. selling price, which can be eye-opening for many homeowners who might be working with a realtor less than educated in how to correctly price their home to sell.

Just go to www.AtlantaRealEstateMarket.info and you can enter your address to receive a detailed market snapshot of your neighborhood... or any other neighborhood where you may be interested in buying a home!

Slowly but surely!

Many economists are already referencing some early indications of price stabilization. (Even though we're off 8.5% over last year's median price.) Sales of existing homes reported up 9.2% for September! This means that at some price, EVERYTHING WILL SELL! We would rather see this continued absorption of home supply than to worry about short-term losses in home values. It's what I've been saying all along -- even if you are "losing" money by selling right now, chances are you are "making" money on whatever you are buying! We do need a steady supply of qualified buyers to continue to bring these neighborhood inventories down and return us to a period of normal, steady price growth. This will serve to further calm all those unbridled consumer fears -- and that will revive the broader economy! See how it all works together?!?! Hang in there, Atlanta. Slowly but surely, we will recover.