Buckhead and Vinings area private schools
Posted by thunsicker in Atlanta Private Schools, Buckhead on August 5, 2011
There are many wonderful private schools in metro Atlanta. In fact, there are way too many to name on my blog….so I have selected a few private schools here that are both highly regarded and also in the Buckhead and Vinings areas.
Here’s a map of the private schools I selected: Atlanta International School, The Galloway School, Heritage Preparatory School, Holy Innocents Episcopal School, Holy Spirit Preparatory School, The Lovett School, Pace Academy, The Schenck School, Trinity School, The Westminster School, and Whitefield Academy.
Click on this image to see an interactive map of the Buckhead/Vinings area private schools.
Atlanta International School
The Galloway School
Heritage Preparatory School
Holy Innocents' Episcopal School
Holy Spirit Preparatory School
The Lovett School
Pace Academy in Buckhead
The Schenck School
The Trinity School
The Westminster Schools
Whitefield Academy
Healthy inventory levels in Buckhead real estate market – July 2011
Posted by thunsicker in Buckhead, Data and Statistics, State of Real Estate Market on August 3, 2011
Is the Buckhead housing inventory sitting at a healthy rate?
Healthy inventory is defined as being under 18 months of homes or only enough homes to sell in that amount of time.
In the chart below, we see what the inventory looks like for homes for sale versus sold in the Buckhead zip code of 30327.
Looking at our current levels in 30327, we have approximately 12 months of inventory, so if sales remain constant this inventory should turn over in a year which is great news for Buckhead real estate.
Of course, this all varies by price point. At one point in the past couple of years, we had over 4 years of inventory over $2M in Buckhead. So it’s always best to look at the inventory levels in your particular price point when contemplating a sale.
One of things I’ve noticed this summer is that the banks don’t seem to have the large “shadow” inventory waiting to come on the market that the news has reported. I’ve seen articles talking about this slowdown and we may yet have another influx of this inventory, but there has been a dramatic decline of bank owned homes listed in Buckhead recently.
| *All reports are published July 2011, based on data available at the end of June 2011. All reports presented are based on data supplied by FMLS. FMLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by FMLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. |
Vinings real estate homes sold and for sale (inventory as of July 2011)
Posted by thunsicker in Data and Statistics, State of Real Estate Market, Vinings on August 2, 2011
I’m posting data today on two of the many residential real estate areas in Atlanta that I follow. I follow many more, however the target area for this blog is 30327 and 30339. I’m glad to post additional zip codes on request and can narrow the pricing criteria to show traffic in a more specific market.
You can read national press and even Atlanta press and real estate is LOCAL, so by looking a the specific data for an area and a price range you can get the true picture. This chart is for Atlanta zip code 30339 which is inside the perimeter, and is called Vinings.
What it shows to me is the inventory is really not moving. National news talked about stimulus last year and how it helped real estate for a short time. The stimulus was geared toward first time homeowners and with the average sales prices in Vinings and Buckhead zip codes 30339 and 30327 areas being well above first-time homeowner price points, there was little impact from that program.
Inventory has dipped slightly in Vinings but sales are still down about 1/2 of what they were even in 2010. Something to consider about seeing decreased sales is that it may mean we’ll still see prices dropping in the Vinings area until we get a balance of inventory and sales. A healthy market is up to 18 months of inventory; currently in Vinings, we have over two years of standing inventory.
Data source: Trendgraphix. *All reports are published July 2011, based on data available at the end of June 2011. All reports presented are based on data supplied by FMLS. FMLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by FMLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
What happened to the relocating family and their private school situation?
Posted by thunsicker in Atlanta Private Schools on August 1, 2011
Here’s an update on a previous post about off-cycle admissions to private schools.
The family that I’m working with on their relocation to Atlanta was hopeful to get into the Atlanta private school of their choice. Well, the one they were focusing on thought they were doing them a favor and put the one child on a “wait list” and for the other child, they flat out didn’t have openings.
The educational consultant that was recommended to me – Lida Greist of Griest & Williams Educational Consultants – turned out to be very helpful. My client had some contacts at Holy Innocents and Lida did as well.
Happily, both children will be attending Holy Innocents’ Episcopal School in Sandy Springs in a few weeks.
The moving trucks are arriving this week for their relocation to Atlanta and they’ll have a week to get settled before they start a whole new life here.
I have found them a rental home here in Vinings until their house sells and then we’ll be searching their perfect home to buy in Atlanta.
So glad it’s all working out for them.
“Off Cycle” Private School Admissions
Posted by thunsicker in Atlanta Private Schools on June 18, 2011
There's a possible second chance into the private school of your choice through a process known as "off-cycle" admissions.
Well, we all know how stressful and difficult it is to go through the private school admissions process locally. The good news is when you’re local you know the schools, reputations and usually some people that go to the schools to help you along in the process.
I’m currently working with a family who is relocating to Atlanta with two high school aged children that are in private school in their current city. I met them after they found about their relocation, but before it was public knowledge of the transfer.
They had been talking to friends at a popular private school and decided that’s where they wanted to apply. They were assured by the school that they wouldn’t put them through the rigors of the application process, interviews and testing if the potential for a successful outcome didn’t exist.
When I met the relocating family, I suggested they apply to a few other private schools in the Atlanta metro area to hedge their bets. Since they were from out of town, they wanted this particular school to know they were focused on them and decided not to do apply elsewhere.
Well, yesterday the news came, one child was added to the school’s waiting list and the other child was declined. This news put the family into a tail spin. We had found a rental property and honed in on a purchase all around this school. Now they were back to ground zero.
The term the family introduced to me as an option for them was new to me: “off-cycle” admissions.
I called an admissions director and asked her how to handle this family. She was very helpful and suggested an educational consultant that has the contacts and understands this “off cycle” process. She said that she would help the family write up a bio to present to the schools, along with their test scores, etc.
Admissions Directors are prepared for this type of event and if a child is the right fit for their school, they can apparently make room for them since this phenomenon is common every summer with relocating executives. I’ve known how to help my families that are “on cycle”, and now we’re working the system from a completely different angle – stay tuned and I’ll keep you posted as to the outcome
Here’s what happened! Check out this blog post on the Atlanta private school they selected.
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