Posts Tagged atlanta fine homes sotheby’s international realty

Inventory Down, Prices Rising in Atlanta

Can I hear a big woo hoo from everyone out there.  This is something I’ve felt since last October and recently in competitive bidding on properties.  I’m thrilled that it shows that prices are coming up.  The appraisals have been lagging slightly, but we are making the transactions happen.  Super low interest rates and the bottom is behind us.  If you haven’t made the move yet, you’re missing out!  Lump California together and we’re actually number 4 in low inventory.  Prices were down so low and many people have chosen not to sell at those prices.  Now that pricing is coming back slightly it may be time to go on the market!  Let me know if I can help!

Top 10 metros for shrinking inventory

Realtor.com data shows 20 percent annual decline in US listings in May

By Inman News, Wednesday, June 13, 2012.

Inman News®

<a href="http://www.shutterstock.com/pic.mhtml?id=28006487">Supply and demand</a> image via Shutterstock.Supply and demand image via Shutterstock.

Editor’s note: Data collected and analyzed by Realtor.com through  May 2012. Includes single-family homes, condos, townhomes and co-ops.

The national housing market continues to stabilize, according to data compiled by Realtor.com for 146 U.S. metros through May 2012.

May continued April’s year-over-year upswing, with for-sale inventory dropping 20.07 percent, median list prices jumping 3.17 percent to $194,900, and median age of for-sale inventory falling 9.78 percent compared to a year ago.

Data Point Percent Change, May 2012 vs. May 2011
Number of Listings -20.07%
Median List Price 3.17%
Median Age of Inventory -9.78%

As of May, national for-sale inventory stood at 1.88 million units, roughly 60 percent of a September 2007 inventory peak of 3.1 million units (2007 was the first year Realtor.com tracked this data nationally).

Despite a slight 1.96 percent month-over-month increase in national inventory — expected because listings usually swell during the springtime buying season — all but two of the 146 metros Realtor.com tracks had fewer homes for sale than a year ago.

Some of those markets hit hardest in the housing crisis — Atlanta and metros in Florida, Arizona and California — are showing some consistent, month-by-month turnaround. In May, Phoenix, Tampa-St. Petersburg, Fla., and Atlanta were among the top 10 metros Realtor.com tracks with year-over-year percentage drops in for-sale inventory.

This month, six of the metros in the top 10 that saw the greatest reduction in inventories from a year ago were in California, including three in the San Francisco Bay Area: Oakland at No. 1 (56.6 percent fewer listings than a year ago); San Jose at No. 6 (40.88 percent fewer listings); and San Francisco at No. 10 (38.9 percent fewer listings).

Top 10 metros for greatest year-over-year reduction in for-sale inventory, May 2012

Rank Metro For-sale inventory, percent change, May 2012 vs. May 2011
1 Oakland, Calif. -56.60%
2 Fresno, Calif. -48.76%
3 Bakersfield, Calif. -48.59%
4 Phoenix-Mesa, Ariz. -44.71%
5 Seattle-Bellevue-Everett, Wash. -42.65%
6 San Jose, Calif. -40.80%
7 Tampa-St. Petersburg-Clearwater, Fla. -39.76%
8 Stockton-Lodi, Calif. -39.25%
9 Atlanta -39.19%
10 San Francisco -38.90%

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Incredible estate for sale at 811 Hawks Nest Court in Ball Ground

I’m excited to share with you my new listing at 811 Hawks Nest Court in Ball Ground, GA. Offered at $9.8 million, this estate has it all….including a helipad!

More information and links back to my website are coming soon….but I thought the pictures below might whet your appetite for now.  Click here to see the entire slideshow.

An aerial view of 811 Hawks Nest Court.  Listed for sale by Tina Hunsicker of Atlanta Fine Homes Sotheby's International Realty. Offered at $9.8 million.

An aerial view of 811 Hawks Nest Court. Listed for sale by Tina Hunsicker of Atlanta Fine Homes Sotheby's International Realty. Offered at $9.8 million. Click on the image for more photos of this property.

A formal living room invites one and all into this countryside estate at 811 Hawks Nest Court.  Listed for sale by Tina Hunsicker of Atlanta Fine Homes Sotheby's International Realty. Offered at $9.8 million.  Click on the image for more photos of this property.

A formal living room invites one and all into this countryside estate at 811 Hawks Nest Court. Listed for sale by Tina Hunsicker of Atlanta Fine Homes Sotheby's International Realty. Offered at $9.8 million. Click on the image for more photos of this property.

The main kitchen - one of many at 811 Hawks Nest Court.  Listed for sale by Tina Hunsicker of Atlanta Fine Homes Sotheby's International Realty. Offered at $9.8 million.  Click on the image for more photos of this property.

The main kitchen - one of many at 811 Hawks Nest Court. Listed for sale by Tina Hunsicker of Atlanta Fine Homes Sotheby's International Realty. Offered at $9.8 million. Click on the image for more photos of this property.

An incredible game room complete with bar, pool table, tvs, and access to the theatre room, stage and recording studio.

An incredible game room complete with bar, pool table, tvs, and access to the theatre room, stage and recording studio.

The perfect setting for an evening of entertainment - whether it's karaoke or with your professional friends.

The perfect setting for an evening of entertainment - whether it's karaoke or with your professional friends.

Want to preserve that incredible voice and music?  Step into the professional recording studio.

Want to preserve that incredible voice and music? Step into the professional recording studio.

The pool is the perfect setting for an evening soiree....or the most fabulous birthday party imaginable.

The pool is the perfect setting for an evening soiree....or the most fabulous birthday party imaginable.

A personal helipad makes commuting to the Hartsfield-Jackson International Airport a breeze.

A personal helipad makes commuting to the Hartsfield-Jackson International Airport a breeze.

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