Atlanta Snowstorm Strands Motorists for 24 Hours
The snowstorm that came through Atlanta and the southeast on Tuesday January 28, 2014 was still wreaking havoc with motorists at 2:30 in the morning, almost 14 hours after most people left their offices, early, for the day. The Georgia DOT Navigator map, above, shows snarling traffic at 2:46am on Wednesday January 29. Many were stranded with no gas, food, or water and simply abandoned their vehicles on the side of the roadway. The following pictures show what traffic was like approximately 2:30 am on some of the major highways. Come rush hour on Wednesday morning, not much had improved.
Marietta Georgia 30068 Home Sales Statistics Strong
A client of mine who was considering selling his home recently asked me to provide some sales and pricing statistics for zip code 30068, located in Marietta Georgia. The family was glad to see that Marietta Georgia real estate trends were improving and thought it was a great time to list their home for sale. In 2011, there were 377 sales with an average list price of $398,854 and an average sales price of $377,300, a sales price to list price ratio of 95%, a sales price to original list price ratio (taking into account price reductions) of 91% and an average days on market of 130. We would consider this a pretty slow moving market.
Atlanta Pocket Listings offer benefits for Buyers and Sellers
There’s a new catch phrase being circulated in the real estate industry and it’s coming to a town near you. Pocket Listings, or hip pocket listings as they are popularly called, are real estate listings that have not fully hit the market, yet. They are not being advertised in the local multiple listing service (mls) and are usually hidden, secretive, or private offerings available to people in the know. You can almost equate them to an initial public offering (ipo) of stock, available at first, to a clientele and then to the general public once they are listed. Atlanta pocket listings are becoming more and more prevalent as the Atlanta real estate market heats up and we prepare for a recovery in 2014.
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READ MOREGeorgia’s Most Expensive Homes for Sale
As of August 13 2013, there are over 1,000 active listings in metro Atlanta over $1,000,000 according to the First Multiple Listing Service. To preview the most expensive homes in the metro Atlanta area, click here.
READ MOREIs a real estate agent necessary in today’s hot market?
With metro Atlanta homes selling faster than Gladys Knight’s chicken and waffles, purchasers thinking of buying and more notably, owners thinking of selling, might be wondering if hiring a real estate agent is a necessity. Nowadays, home buyers can find homes on the internet, set up their own appointments to preview properties and submit pre-printed offers that can be obtained online or at the local office supply store. Likewise, sellers can get a for sale by owner sign, post their property on a number of FSBO marketing web sites and negotiate directly with interested parties. On the face of it, it seems that both parties may benefit by excluding third party interlopers from the deal.
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