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Atlanta, Georgia

Atlanta Luxury Market Moving Better - Like the Rest of the Market

Ryan Ward posted this 3 2,502 Views

The luxury market moves at a different pace than the rest of the market. Buyers and sellers can withstand downturns more quickly than most and they also tend to recover more quickly from those downturns. So it was no surprise to see that prices did not drop at the higher price points - at least not as quickly. However, even the luxury market eventually fell prey to the downturn in the real estate sector and the overall economic downturn, and, like the rest of the market is showing ...

Atlanta Short Sale Specialist

Ryan Ward posted this 2,876 Views

A short sale listing and a regular listing end with the word listing and that is about the end of the similarities. At least if we are talking about a short sale listing that has a chance to close. That's because of the additional information you need to know if you are listing a home as a short sale as well as the steps required to keep all parties involved in a transaction where time lines and contract dates often come and go without a closing. If you are a real estate agent in this m...

When is a Good Time to Re-Brand a Real Estate Image

Ryan Ward posted this 4 1,778 Views

Recently I decided that it was time to change my growing real estate brand known as "The Ryan Ward Group" to something that I felt better represented the vision that I have for myself and for my agents. This is not a task that should be undertaken lightly. I've actually been intellectually tinkering with the idea for about a year. Coming up with a "brand" is not easy to do. Our lead generation is in large part online, but, I am not so naive as to believe the world will ev...

Homes For Sale in Atlanta - The Inventory Problem

Ryan Ward posted this 1 2,125 Views

Some are claiming "the bottom" here in Atlanta. John Adams, a very popular real estate investor with a talk radio show has been saying it for months, you can read other "experts" in the AJC who say that February was the bottom, but, I do not believe that to be the case and I believe that what we have is nothing more than a homes for sale in Atlanta problem - make that a too many homes for sale in Atlanta problem. In other words, there is still simply too much invento...

Keller Williams Family Reunion 2009 - KW in Orlando

Ryan Ward posted this 11 6,027 Views

Seen Through the Eyes of a First Timer (I'm in the Keller Williams Realty Consultants office in Roswell, GA) Saturday I arrived in Orlando earlier today and finally got a chance to meet Cal Carter from the Gulf Shores outside of the exhibits and registration entrance at the Orlando County Convention Center. He's going to be sitting in on one of the panels so I'll definitely try to make that one. The city is jam packed with multiple conventions and traffic is a bear, but, I alre...

More Good News! Housing Starts Continue to be Down

Ryan Ward posted this 5 1,393 Views

OK, so it isn't conventional to think of this as a good sign, but, it is imperative that this trend continue if we are to get out of this slowdown anytime soon. We simply have too much inventory and fewer housing starts contributes to lowering inventory. The federal government reported today that housing starts are down about another 6% bringing it to 50 year lows. Here is an excerpt from the report: "Privately-owned housing starts in September were at a seasonally adjusted annual ra...

Atlanta Real Estate Market Consistently Down 1/3 Year-to-Date - Does that Make the Glass Half Ful...

Ryan Ward posted this 1,439 Views

For several months now, the FMLS has reported roughly 33% declines in the total number of home sales compared with the same time one year earlier. Condos have consistently performed even worse at something around 40% of a decline in sales volume, but, I'd like to take a look at this from a different perspective. We are so used to seeing the glass half full or half empty that we sometimes read market conditions through a colored lens that doesn't allow us to make honest and objective assessme...

Atlanta Real Estate Closings Over the Past Six Years

Ryan Ward posted this 1,281 Views

The FMLS puts together statistical reports monthly from their data and this chart is something I meant to post about a week ago. Sorry to be a little late on the most recent numbers, but, here they are. This chart reflects closed sales over the past 6 years. It may illustrate the market better than just about anything I've done recently. I apologize that this isn't the fanciest chart you may have seen, but, I didn't make it. The point here is that for all of the pontificating about th...

Homes For Sale in Atlanta Show No Signs of Reducing

Ryan Ward posted this 1,649 Views

It's no secret that across the country, much of the problem with real estate markets is the supply of homes available for sale. This is the simple economic principle of supply and demand. Below is a chart of the Atlanta market dating back to 1994. Homes for sale in Atlanta have been on a steady increase as has Metro Atlanta's population so an increase in available housing is to be expected. However, this type of increase is not something that the real estate market is capable o...

Market Update For Atlanta

Ryan Ward posted this 2 1,512 Views

As a consumer there is no question - the market is down. But, what does that mean, how does it affect you and what is the most important indicator? Well, there are lots of long winded answers with plenty of nuance and different people might give slightly different answers. To me, and I think to most, the most important part of the market is what the value of homes are and where they are trending. Most of the other things like supply and demand, the amount of foreclosures, pending sales, abso...