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Change is a constant in Intown Atlanta neighborhoods and zoning regulations change in response to current concerns. On February 6, 2023, the Decatur City Commission voted to adopt changes to the zoning ordinance to allow duplexes, triplexes and quadruplexes in single-family zoning districts. The changes will go into effect on June 30 and will be […]

By Bill Adams, Founder, Adams Realtors & Adams Commercial Real Estate Welcome to the February 2023 Intown Atlanta market report. This month, I’ll review the numbers and give some examples of the financial reality of purchasing a home in this market. First, let’s look at the numbers: This month the Average Sales Price for the […]

If you purchased a new home last year, don’t forget to apply for Homestead Exemption! Homestead Exemption Generally, a homeowner is entitled to a homestead exemption on their home and land underneath provided the home was owned by the landowner and was their legal residence as of January 1 of the taxable year (O.C.G.A. § […]

By Bill Adams, Founder, Adams Realtors & Adams Commercial Real Estate Welcome to the January 2023 Intown Atlanta market report which is our only monthly report that compares calendar years. Our other monthly surveys are based on the last 12 months or a trailing 12-month model. Thus, the reports for the other months contain data […]

By Bill Adams, MBA, CCIM, ALC, CRB, Founder, Adams Realtors The data in the following December 2022 report covers transactions during the 12-month period from December 1, 2021, through November 30, 2022. The Average Sales Price for the 39 Atlanta markets in our survey comes to $689,589, which is an increase of 12% over last […]

As we come to a close on 2022, I feel that the “rate shock” that slowed the residential market in the last half of the year will gradually ease in 2023. Since mortgage rates are tied to the 10-year U.S. Treasury bill rate, they reflect the trajectory of anticipated inflation. Whether through a recession or […]

By Bill Adams, MBA, CCIM, ALC, CRB, Founder, Adams Realtors For our November Intown Market Report, the Average Sales Price on a home in this month’s survey came to about $684,193, which is a 12% increase in value over the past 12 months. The Average Number of Days on the Market continues to be well […]

By Bill Adams, MBA, CCIM, CRB, ALC Earlier this year the City of Atlanta proposed a change in the zoning ordinance affecting properties within the city limits near MARTA rail stations. The proposed ordinance would change the single-family zoning districts with an R-4 and R-4A designation along with the R-5 duplex zoning category located within […]

By Bill Adams, MBA, CCIM, CRB, ALC The National Association of Realtors (NAR) estimates that there is a shortage of 5.5 million housing units in the United States. This imbalance between demand and supply is one of the big reasons home prices have skyrocketed over the last decade. High home prices, according to NAR, especially […]

October 2022 Intown Atlanta Market Report – View Here By Bill Adams, MBA, CCIM, ALC, CRB, Founder, Adams Realtors Welcome to the October 2022 Intown Atlanta Market Report. I assume that most of us agree that the earth is round.  A more relevant question for us is “the real estate market flat?”  Over the last several months, […]