Two articles were posted today on the Atlanta Business Chronicle website – one indicating we are close to the bottom of the market, the other article states Atlanta will be among one of the first cities to rebound. Is this big news? I think it’s really good news – and something we really need to hear. I have had a number of calls from investors looking to pick up properties while the pricing is low. It’s a good sign as far as I’m concerned because investors always wait until the last minute to purchase.
If you read my post “Missing the Forest When Staring at the Trees,” I indicated we were getting real close to the bottom. I can see it each day when I am out showing property. Sales centers are busy showing potential buyers what’s available, but are people actually purchasing? Yes. Things are picking up according to many agents.
A number of beautiful condos have recently come on the market – a sign that many big listing agents think now is a great time for their clients to sell. One condo at Park Avenue is being quietly listed for $17,000,000. (I’ve been trying to get in touch with the agent to get the information.) It’s a full floor 10,000 square foot condo with a huge wine cellar and all the bells and whistles you would expect at that price.
Here are some highlights from the articles I was speaking about. Read on. Click Here for More Photos & the Rest of the Feature




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