Here is our October 13th, 2021 Email Update about Real Estate in Northwest Atlanta Everyone Expecting the Market to Crash due to the flood of Evictions & foreclosures – are still waiting. Some Pundits believe prices will be headed downward when a flood of foreclosures and evictions (of whom many will sell since the being a landlord thing is so unprofitable LOL) increases supply so much it overwhelms demand. The numbers show that while the # of evictions filed (11,000) did rise 19% after … [Read more...]
September 14th 2021 Newsletter – You Should Raise Your Rent
Here is our September 14th, 2021, email Update about Real Estate in Northwest Atlanta! You should raise your rent! Let’s look at what average rents have been historically in Atlanta: Year Average Rent 2012 $1007 2013 $1019 2014 $1058 2016 $1098 2017 $1133 2018 $1165 2019 $1193 2020 $1423 2021 $1645 So that property that you may have rented for $1000 a … [Read more...]
July 12th, 2021 Newsletter
Here is our July 12th, 2021 Email Update about Real Estate in Northwest Atlanta! Good news for many investor owners – rents are rising! From the properties we manage we have seen rents rise dramatically. Rents in the city were up 10.9% from May 2020… and they are accelerating like a race car! Rents are up 5.7% in the past three months of the cycle, although this will likely slow down after school starts. What is causing this unprecedented rise? One factor is that the Low Inventory and Higher … [Read more...]
June 8th, 2021 Newsletter
Here is our June 8, 2021 Email Update about Real Estate in Northwest Atlanta May 2021 saw our Investor Purchase Market go dormant as there is nearly no product (for sale) to be purchased! We have one new builder who has delayed 5 months (now due to close in October.) The builder says the silver lining is the same home will be $51,000 more in October… so the buyer is getting a deal. If they can keep waiting. Supplies are hard to find – toilets, concrete, paint, drywall, and windows being … [Read more...]
April 8th, 2021 Newsletter
Wow – our investor clients have been very active. We’ve identified 3 interesting investor plays and have had a ton of interest. 12 Properties have been purchased by our clients in the last 10 weeks. The Greater Atlanta Area has been profiled by quite a few investor gurus as a place to buy an investment (see the article here). We particularly like these three specific opportunities: A new home single-family community in Cartersville Georgia. Cartersville has appreciated at over 9% a year … [Read more...]
