Atlanta Real Estate Tag Archive

  • Selling Your Home In Atlanta? Here Are The Top Real Estate Companies

    Here Are The Best Real Estate Companies

    4 Min Read

    It’s no simple thing to sell or buy a home in Atlanta. When the time comes to list on the market, you’re going to want the best real estate company you can get.

    With a so many hot properties in Atlanta, the city has some of the best real estate companies in the Southeast.

    How To Pick A Real Estate Company

    Before deciding on a real estate company, you should familiarize yourself with some insights into the brokerage:

    • What are the commission rates?
    • What is the brokerage’s reputation?
    • How much and how many fees?

    Once you’ve found the answers to those questions, it’s time to pick a real estate company.

    Top real estate companies like Keller Williams and RE/MAX have extensive networks, with offices in almost every major city across the U.S. This allows them to serve a broad market and reach more clients. RE/MAX, for example, has a franchise model with over 130,000 agents globally, providing both clients and agents with widespread local knowledge combined with national support

    Here Are The Best Real Estate Companies In Atlanta

    Keller Williams Realty

    Keller Williams is the largest real estate company in the world and as you would expect, it has a strong presence in metro Atlanta, including in upscale and middle class neighborhoods.

    Leading real estate companies invest heavily in technology to provide better service and convenience to both agents and clients. Keller Williams, for example, has its own AI-powered CRM system, Command, which helps agents manage leads, transactions, and marketing. This tech-forward approach allows agents to work more efficiently and meet clients’ needs quickly, enhancing overall client satisfaction

    Learn more Keller Williams Realty.

    RE/MAX

    RE/MAX is another large real estate franchise well represented in the Atlanta area. The brokerage boasts that its agents make the most sales in the industry, so they must be doing something right!

    RE/MAX also invests in comprehensive marketing strategies, from digital advertising to polished property listings with high-quality photos and videos. Compass, in particular, is known for its visually appealing branding and cutting-edge marketing technology, which helps it appeal to luxury buyers and sellers

    Learn more from RE/MAX.

    Coldwell Banker

    Coldwell Banker has some of the most diverse agents in the industry and has been operating in Atlanta for over 20 years with several offices throughout the city.

    Coldwell Banker, founded in 1906, is one of the oldest real estate companies in the U.S., which helps instill trust among clients. Their long-standing presence also signals stability and reliability in an industry where brand recognition is essential for client confidence.

    Coldwell Banker’s “A Buyer’s Choice” program and other tailored services show a focus on meeting individual needs. This approach leads to client loyalty and positive word-of-mouth referrals, which are invaluable in real estate.

    Learn more Coldwell Banker

    Harry Norman Realtors

    Harry Norman is a locally-owned real estate company that rates well among customers and clients. The brokerage has been serving the Atlanta area since 1930. Learn more from Harry Norman Realtors.

    Berkshire Hathaway HomeServices

    Berkshire Hathaway HomeServices is another example; its association with Warren Buffett’s Berkshire Hathaway gives it a sense of credibility and financial backing that appeals to high-end clients looking for stability

    Berkshire Hathaway HomeServices has several offices in the Atlanta area and is known for their high-end luxury real estate services. If you’ve got a higher-priced home, you should give Berkshire Hathaway a chance to sell it.

    Atlanta Fine Homes Sotheby’s International Realty

    Listing some of the most expensive mansions in Atlanta, Sotheby’s is locally-owned real estate company specializes in luxury homes and has several offices throughout Atlanta.

    Century 21

    Century 21 is a national real estate franchise with several offices in the Atlanta area.

    A number of areas of the city experienced phenomenal growth in prices, attributed largely to the Beltline. Below is a sample of real estate price prices around Atlanta. Learn more Century 21.

    Final Word

    Selling a home in Atlanta can be a tremendously stressful thing: So much to worry about! That’s why it pays to work with a great real estate company.

    No matter if you’re looking at a pricey neighborhood, or a gentrifying area, real estate firms perform very necessary roles.

    It is important to note that while these companies are among the most well-known, there may be other local real estate companies in Atlanta that are just as good or better. It is recommended to do thorough research and compare different options to find the best fit for your specific real estate needs.

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  • Atlanta 2020 Housing Forecast: Where Real Estate Prices Are Trending

    Atlanta 2024 Housing Forecast: Real Estate Prices Trending Up

    7 Min Read

    The Atlanta real estate market in 2024 is shaping up to be more difficult than previous years as home affordability continues to be a theme. As interest rates climb, the real estate industry as a whole has responded by contracting.

    That means it’s getting more difficult to buy land in Georgia as property values rise across Georgia of late, but experts are expecting things to cool off at some point.

    According to Realtor.com, existing home sales will rise, but not as much as in recent years past. Here’s the forecast:

    Metro Atlanta Real Estate Outlook: 2024

    Two years ago, Atlanta had perhaps the hottest real estate market, and it’s still the leading housing market to watch, although the reasons why are not as plentiful as they have been in years past.

    Will 2024 Be a Better Time To Buy a Home?

    The year 2024 will be one in which homeowners face increased prices for homes. Average home values in the metro Atlanta area will mimic much of the nation, which is forecast to see as much as 6% hikes.

    Not every location will have home values that increase though. Depending on the neighborhood, town, village and subdivision, some homes see drops in price.

    Still, some ominous signs are starting to appear in the U.S. housing market based on national trends, according to Realtor.com.

    • Homes actively for sale have fallen 2% compared to last year.
    • Unsold homes have fallen 3.7% compared to last year.
    • The median price of homes for sale in October 2023 remained stable compared to the same time last year.
    • Homes spent 50 days on the market – one day shorter than last year and more than two weeks shorter than before the COVID-19 pandemic.

    Is Atlanta’s Housing Market Overpriced?

    Atlanta’s housing market has been one of the most overpriced in the Southeast. According to a study from Florida Atlantic University, metro Atlanta was the second most–overpriced housing market in 2023, only behind Coral Springs, Florida.

    If you live in Atlanta, you’ll be feeling some pain in your wallet, and you might be paying more than you should be. According to data from Florida Atlantic University, Atlanta has the most overpriced housing market in the United States.May 9, 2023

    Is 2024 a Good Time To Buy a Home In Georgia?

    In September 2023, homes in Georgia sold for 98.3% of their listed price. This means that sellers are willing to negotiate and offer discounts. The GDP of Georgia grew by 5.8% in 2022. This shows that real estate property investment is a beneficial option for potential home-buyers.

    Will Prices Go Up Or Down In 2024 In Atlanta?

    Prices in Atlanta, Georgia are expected to grow on average of 6% based on Zillow data. That represents a 1% increase compared to the 4% annual growth experienced before the COVID-19 pandemic.

    There will be a glut of inventory of homes for sale in the metro area, and they will likely take longer to get offers and sales. How to afford a home will also be more of a challenge this year as economic factors loom, expert data says.

    As home shoppers are expected to pre-qualify for a mortgage, there will be more homes for sale, homes will likely take longer to sell, and buyers will not face the extreme competition that was commonplace over the past few year.

    If you have a home for rent inside the Perimeter, finding a tenant shouldn’t be a problem as favorable rents will drive strong demand from the north side of the city to the southern end.

    Will House Prices Be Cheaper This Year?

    With so many people moving to Atlanta annually, rather than become cheaper, leading real estate market experts expect home prices to increase slower than they have over the past two years.

    Atlanta, one of the fast-growing cities when it comes to home sales, is not unlike other large Southern cities in that it is expected to continue to be a red-hot market. That means a dip in housing prices is unlikely.

    One of the main factors that will influence home prices is the economic landscape of the United States. Namely, the incremental movements by the Federal Reserve to get inflation in check.

    While interest rates are ticking upward, the chance that a full-blown recession takes hold in 2023 can’t be entirely discounted. But what such a move will no doubt do is slow down the mortgage industry.

    Rising mortgage rates are expected to continue to shed competition among people looking to buy a home. While a buyers market is a possibility in some areas, for metro Atlanta, it is anticipated that real estate prices will hold up just enough that such a market won’t firmly take hold.

    Home shoppers priced out of the market will likely create pressures on the rent market, boosting prices once again.

    Home Prices On Atlanta’s Southside: Up

    One of the most dramatic increases in home prices is happening on Atlanta’s southside, below Interstate 20. Take for instance the Sylvan Hills neighborhood.

    Sylvan Hills

    The average home prices in Sylvan Hills is $232,000, according to RedFin.

    The area is only four miles from downtown Atlanta and is a historically economically depressed area, but not anymore. Gentrification is happening there and in similar areas on a large scale.

    Sylvan Hills real estate prices 2020

    Like Capitol View just north, Sylvan Hills homes sell for about 4% below list price and pending sales last around 62 days.

    Adair Park

    Adair Park over the past five years has had some of the hottest real estate parcels in Atlanta.

    Adair Park - cheap real estate in Atlanta

    Bordered by the West End on one side and the Pittsburgh community on the other, Adair Park has benefited from its close proximity to downtown Atlanta as well as Hartsfield-Jackson Airport.

    The average home price in Adair Park is around $240,000, according to RedFin. Homes there sell for about 4% below list price and sales are pending around 41 days.

    Atlanta Beltline

    Atlanta Beltline Southside Trail The Atlanta Beltline Southside Trail recently opened on an interim basis. The gravel pathway bridges the Eastside Trail with the Westside. While the trail is a bit wild, it's a wonderful look at the unvarnished beauty of Atlanta.

    But we can’t talk about Atlanta housing trends and real estate outlook with the “B” word: Beltline.

    Nothing has shaped Atlanta real estate prices more than the Atlanta Beltline project, which continues to finish a 22-mile loop around the city’s best neighborhoods.

    Redevelopment, such as the opening of Krog Street Market and other projects have skewed home prices in the city’s interior in many cases leading to double digit growth.

    As more projects see the light of day, we can only predict that home values around the Eastside, Westside and Southside Trails will continue to rise.

    Read more: This People Are Having Too Much Fun On The Atlanta Beltline

    Overall, many people, especially those relocating to Atlanta, continue to opt for the suburbs. They also are choosing areas farther out, including Dawsonville, Cumming, Stockbridge and Cartersville.

    The Georgia real estate market is up 20% over the decade, with most of that confined to the metro Atlanta area.

    Here Is How The Georgia Real Estate Market Has Grown From 2010-2018

    • 2010      -4.41%
    • 2011      -7.33%
    • 2012      -1.75%
    • 2013      5.14%
    • 2014      6.59%
    • 2015      6.37%
    • 2016      6.69%
    • 2017      7.14%
    • 2018      8.23%

    The Georgia Home Price Index is on an unprecedented streak, having risen for the last 26 consecutive quarters.

    Final Word

    Homeownership is becoming attainable for more Americans than ever before. And especially is that the case in Georgia.

    The Peach State’s largest city has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.

    Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.

    Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.

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  • NFL Hall Of Famer Selling Atlanta-Area Mansion

    NFL Hall Of Famer Selling Atlanta Mansion

    2 Min Read

    As his family continues to grow, NFL Hall of Famer Roland “Champ” Bailey is taking his talents elsewhere. Champ Bailey is selling his Sandy Springs mansion.

    The property, located in an exclusive neighborhood, was previously listed for $2.99 million and will sell at a luxury auction with the help of Chrissy Neumann of Ansley Atlanta Real Estate.

    Online bidding on the six-bedroom home is set to open February 22 and close February 28  with an Auction Reception held on February 21 at The Boca Raton Resort in Florida for interested bidders.

    Champ Bailey selling $2 million Atlanta home at auction

    “We’ve had many priceless memories in our family home, but we have decided to move to accommodate our growing family,” stated Bailey. “I chose to partner with Concierge Auctions because they are the leading firm to sell ultra-luxe properties on an accelerated timeline, and I am confident their global database will identify the right buyer who will enjoy our home as much as we have. I look forward to the outcome of this auction.”

    The home is located at 5635 Claire Rose Lane. It has a number of topnotch features including cathedral ceilings, seven fireplaces, wide plank hardwood floors, stonework, hand-carved millwork, wood ceiling beams, and French doors.

    The home also has a chef’s kitchen, a master sanctuary with a balcony, hardwood ceiling beams, coffee bar, spa bath, chandelier, and stone shower; an elevator; large dining room; entertainer’s basement with wine cellar, media room, and custom sports bar; recreation room; home gym; massage room/spa; mudroom; and walk-up attic.

    Looking for more Atlanta mansions? Check out the city’s most expensive homes

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