Here is a summary of the new residential tax credit from our favorite loan officer: § The amount of the available tax credit is the equivalent of 10% of the home’s purchase price – capped at $8,000 or $4,000 for married couples filing separately. § The tax credit applies only to first-time homebuyers purchasing a […]
February's Market Survey-College Park & East Point
Adams Realtors Intown Market Survey for February continued the story of the “Tale of Two Cities” when studying the markets of College Park and East Point. The City of College Park experienced a 5% drop in Average Sales Price from $221,273 in ’07-’08 to $209,301 in ’08-’09. Average Days on the Market in College Park […]
February's Survey-Avondale Estates, Decatur & Pine Lake
Avondale Estates and the City of Decatur continue to have mostly positive news in this month’s survey while Pine Lake’s market continues to have price deterioration. Two of the 4 City of Decatur neighborhoods that we examined were positive and two were negative. Avondale Estates had a 1% decrease in Average Sales Price from a […]
February's Intown North Market Survey
In our February year over year survey we compared the 12 months from February 2007-January 2008 to the 12 months from February 2008-January 2009. All of the submarkets, except one, continued to lose value, although some at a lesser rate. In most of these neighborhoods, the Average Days on the Market was more than last […]
Feburary 2009-Atlanta in DeKalb
With the exception of one submarket, all of the Atlanta in DeKalb neighborhoods had positive increases in Average Sales Prices when compared with last month’s survey. Four of the eight submarkets showed improvement in Average Days on the Market, a sign that agents and sellers are doing a good job of pricing listings. One neighborhood […]
February's Market Survey-Intown South
The Intown South submarkets of Cabbagetown, Grant Park, Ormewood Park and Reynoldstown, with one exception, showed little change from January’s numbers. In Cabbagetown the Average Sales Price reflected a year over year drop of 11%- from $276,116 to $246,244. February’s average was up 2% from last month’s average.The Average Days on the Market increased from […]
February's Adams Realtors Intown Market Survey
The results of our February survey are in. The survey covers single family residential sales in 25 Intown Atlanta submarkets. The survey compares transactions from the period February 2007-January 2008 to the period February 2008-January 2009. The survey showed some markets improving while others continue to falter. In a bit of good news, the “unweighted” […]
Challenging Your Property Tax Valuations
If you feel that your property’s value has fallen over the last year or so and that its value is now less than the value that the Tax Assessor has placed on the property, you have a small window of opportunity to trigger a re-valuation by your county tax assessor. Fulton County property owners have […]
Atlanta Intown Market Survey-7
This posting covers two of the three “Tri-cities” submarkets-College Park & East Point, that were included in our January survey. In the College Park submarket the Average Sales Price fell from $218,633 to $212,507 or about 3%. The Average Number of Days on the Market also fell by 3% from 141 to 137. The Number […]
Atlanta Intown Market Survey-6
This posting covers the Central Dekalb communities of Avondale Estates, Pine Lake and Decatur. The survey also covers four of Decatur’s most popular neighborhoods. The Avondale Estates submarket has been relatively stable for the last year or so. For the twelve months ending on December 31st, the Average Sales Price was down by 3%-$323,699 to […]