CB2 opened this past weekend at 1010 Midtown, so I went with a friend to check out the new store. CB2 is the first major retail shopping component to open its doors at the massive 12th & Midtown complex (located a few blocks from Piedmont Park). If you are thinking it’s more of the same items sold at Crate & Barrel, think again. CB2 is a younger, fresh and has a different attitude. I found quite a few things I’d like to buy! They has some great acrylic pieces, interesting mirrors, chic lighting and so much more. The people who works there are very friendly and go out of their way to help you.

I’m hoping 12th & Midtown will get some major players to open up shop in the building. I’d love to see Apple open a Midtown location on the corner! (You know they are going to open a store in Midtown at some point). Did you check out CB2? What did you think? Click Here for More Photos & the Rest of the Feature

The W Downtown Atlanta Hotel & Residences is scheduled to go into foreclosure as early as September 7th according to a Georgia Public Notice filing on August 12th. Since it opened, the W has had it’s fair share of troubles, including a complete absence of condo sales. They sold one penthouse unit upon opening, then nothing. After some time, they “dramatically” reduced their pricing, but even that failed to capture buyers. The condominiums are beautiful and designed to perfection. Perhaps the modern aesthetic doesn’t appeal to Atlanta buyers? In this market, it’s all about price, price, price. Could be we seeing another condo auction sometime in the future? I’ll keep you posted. If you are curious about the foreclosure notice, take a look after the break. Click Here for More Photos & the Rest of the Feature

Keller Williams Realty Named Highest Ranked in Home Buyer Satisfaction by J.D. Power and Associates for Third Straight Year

AUSTIN, TEXAS (July 30, 2010) —According to the J.D. Power and Associates 2010 Home Buyer/Seller StudySM, Keller Williams Realty, Inc., the third largest real estate company in the United States, has received the highest overall satisfaction ratings from home buyers among the largest full-service real estate firms for the third year in a row. The company also ranked second among home sellers in the study for the second year in a row. Click Here for More Photos & the Rest of the Feature

After sitting lifeless for quite some time, The Brookwood & The Atlantic will begin selling in about three weeks on August 26th. What does the future hold in store for these projects and what will the new  pricing be? How long will it take to absorb these units and what will the demand be? Have buyers been patiently waiting to purchase in these projects?

The Brookwood was offering buyers huge incentives after struggling to get 20 people to commit to purchasing – and it is an amazing LEED building. Probably one of the best condo buildings built in Atlanta in quite some time. I have heard many unjustified rumors surrounding The Atlantic and it’s fate, everything from tuning it into college dorms, to rentals, mothball the building for a few years and so on… none of which were true. I’m not one to really believe rumors, which is why I do not post information like that.

The bottom line is in order to be competitive in our current market, the units need to be priced below market value to move. ST Residential has most likely already decided what the condos will be selling for and I will bring that information to you in the coming weeks. I would expect prices to be in line with the last round of incentives or even below those numbers.

Read more about The Atlantic | Read more about The Brookwood

I love to travel and when I do, I like to experience the best properties a city has to offer. Atlanta has a good number of luxury hotels to choose from. We have a Four Seasons, St. Regis, Ritz-Carlton and a Rosewood Hotel – all offering something unique. As I mentioned in a previous post, I recently stayed at the Mansion on Peachtree over the Fourth of July holiday. My stay was exceptional. The hotel was full of life and the staff was extremely attentive. I really love the interior design of the hotel because it’s a great mix of classic design and modern furnishings.

Over the past few months, the Mansion has had it’s fair share of up’s and down’s, but I really love the property, location and service. If you haven’t had a chance to check it out, you should put it on your list. It’s conveniently located on a prime stretch of Peachtree Road and is within walking distance to Phipps Plaza and Lenox Square. Click Here for More Photos & the Rest of the Feature

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