Condos for sale at 1010 Midtown

There are plenty of great views still available from condos for sale at 1010 Midtown. Look at this fantastic shot I took from a condo balcony looking down Peachtree Street at downtown Atlanta. Cannot imagine a more impressive view -- and it's on the illustrous "Midtown Mile" as well! There will not be a building with better unobstructed views of Midtown and downtown Atlanta built for several years. If you are interested in being kept up to date as the developer revises future pricing on these Midtown condos, drop me a line. I will put you on a monthly update for condo prices in all of Midtown.

Click here to see condos for sale at 1010 Midtown

Fantastic deal on a ranch home in Sagamore Hills -- COMING SOON!!!

A must-see for the buyer looking for ranch homes in the Sagamore Hills area! Not on the market yet... but the estate is finalizing details. Open living space with 3 bedrooms and 2 baths. Impressive outdoor living space on a terraced patio in the backyard. This place has such potential and will be priced to move quickly.

Click here for more information on this stunning Sagamore Hills brick ranch home.

Amazing price on 2BR/2BA end unit condo in Decatur!

Know anyone working with CDC or Emory that would love about 1,100 square feet of quiet enjoyment... for $159,900? Wow!!! This lovely end unit condo is perfect for the Emory grad student, first time home buyer, CDC scientist -- or anyone else wanting to have a condo near downtown Decatur. Just will not last at this price!!!

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!

Holding...penalty -- 3 years!

Three years is the estimate that most are throwing about in reference to the question: "How long will it be before the Atlanta market gets rid of these foreclosures?!?" Most real estate professionals are already ringing the bell, advising their clients that holding on to homes waiting for the smoke to clear will bring worse consequence than taking a loss now and moving up. I listened to a very reputable and brilliant executive from Bank of America today forewarning a group of top realtors of the tidal wave of foreclosures that are to come. You've heard the old saying... it's gonna get worse before it gets better? Banks have been holding out on releasing these inventories, for various reasons. But they can't hold out forever. You better have your friend Katie go ahead and bar that door. Think it's tough now to sell a home? Just imagine looking down your street and seeing 5,6,7 or more signs with the words FORECLOSURE on them. If you have friends in Florida, they have likely already sent you photos from their iPhone having lived through this themselves.

For a peek at what these distressed sales are already looking like in Midtown, Buckhead, Ormewood Park, Virginia Highland and Morningside, go to http://www.realtorbestbuys.com/.

My advice to those looking for bigger space remains the same....sell now or forever (or at least it will feel that way) hold your peace.

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.

Price reductions for the week -- homes in Morningside

Good evening! For those following my new weekly reports on Intown home sales in Atlanta, great news to report. Whether you are tracking trends on 3 bedroom homes in Virginia Highland or 2 bedroom bungalows in East Atlanta Village, I will keep you up to date.

This week's focus is the neighborhood of Morningside, near Midtown Atlanta. I have visited these homes and found 4 price reductions of note for the week of October 12th - 19th in the Morningside area. These showcased homes for sale in Morningside are:

1590 West Sussex Road - reduced to $929,000

• This is a 4 bedroom, 2.5 bath traditional cape cod style home with tons of light and Northeast style charm.

1743 Johnson Road - reduced to $699,000

• This is a 4 bedroom, 3 bath tudor-style home with a lovely pool.

1034 Amsterdam Avenue NE - reduced to $595,000

• WOW!! This 3 bedroom, 2 bath home is a garden cottage style and originally priced at $743,000. What a dramatic reduction!

585 Pelham Road - reduced to $415,000

• This is a 3 bedroom, 2 bath home that is much larger than it looks.

For more information on these Morningside homes for sale, click on the link below.

http://fmlslistings.marketlinx.com/SearchDetail/Scripts/PrtBuyFul/PrtBuyFul.asp?emailGUID=15690f04-9683-4490-8144-d4f6e6ed68c8&AgentId=KELLUMJ