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Brad Nix

Atlanta Real Estate Updates

12-15-08
Brad Nix

Atlanta GA Real Estate Recovery Series 2: Housing

In the metro Atlanta area, Existing home sales are down about 38% (units) and new sales are down 68%. In itself, these figures create an over inventory of homes which causes a longer time on market. However, this news is not all bad either.

Atlanta GA Real Estate Recovery Series 3: Credit

As far back as July 2007, Wall Street began to question the true value of Mortgage Backed Securities. Interesting how it really became a household word in recent months. Either way, banks are continuing to search for ways to loan money to the masses.

Atlanta Real Estate Updates

12-08-08
Brad Nix

Atlanta Ga Real Estate Agents: Who Should You Be Following?

You've got a fancy new Twitter account, or perhaps a rusty old twitter account, and now you want to take it out for a spin. But who talks about real estate on Twitter? It's not so much about talking real estate as it is about meeting cool people within the real estate industry.

Atlanta Commercial Real Estate: Bankrupcty Advice From A Business Attorney

In the coming months, you may find your customers are having grave financial difficulty and may file for bankruptcy protection. It may shock you when you receive a letter from the bankruptcy court trustee demanding return of payments your customer had made to you within 90 days of their filing for bankruptcy.

Atlanta Real Estate-Ready For RECOVERY!

Yesterday, Roger Tutterow Ph.D. and Dean of Economics at Mercer University gave his opinion to Sally's Roundtable on the Recession of 08' as it relates to Atlanta Real Estate. It was great to hear that it seems we are now at or past the bottom of the curve and the expectation is that in late 2nd Qtr and Early 3rd Qtr 2009, we will see a noticeable improvement in some key statistics.

Atlanta Real Estate Updates

12-01-08
Brad Nix

Drought Could Cause Serious Problems For Atlanta GA Real Estate Market

Although it doesn't make the headlines on the local news anymore, the election and economy have taken front stage, we still have a serious water problem in North Metro Atlanta. Drought conditions continue to grow harsher across north Georgia.

Marietta Real Estate: BuinessWeek Ranks Marietta #2 In Georgia For The Best Places To Raise A Family

Load up the mini-vans, throw in the pack-n-play, don't forget the stroller and move to Marietta, GA!

Business Week magazine in its November 10 edition named Marietta the second best place to raise children in Georgia among towns with at least 50,000 residents and an average family income between $40,000 and $100,000.

Atlanta Real Estate Updates

11-24-08
Brad Nix

Atlanta Georgia Real Estate Beats The Stock Market!

As bad as the housing collapse has been in America, the stock market collapse has been worse. And not for just the past year plus, but for the past 10 years.

Wachovia's Declared Recession Effects The Atlanta Real Estate Market

The first paragraph of Wachovia's Report is a tough one, but I think a first real honest look at where we are in today's market.... A Serious Recession Has Set In

Canton Real Estate -Private Jets Can Fly Into Cherokee County

Since FAA funded the Cherokee County Airport expansion ahead of schedule, we now have enough runway length (4,100′) to land private jets. It would have been a better PR move for the Auto Executives to fly into our newly paved runway in Ball Ground, GA and then drive up to Washington in their fuel-efficient automobiles.

Investors: Atlanta GA Real Estate Is A Deal

This is not another "Now is a Great Time to Buy" real estate article. It's just some simple facts of the Atlanta real estate investor grade market. Investor grade is a starter-home property ready and suitable for renting or resale

Atlanta Real Estate Updates

11-17-08
Brad Nix

Use The Buy & Hold Real Estate Strategy In Atlanta GA Real Estate

I know many homeowners are upside down in their mortgage, meaning you owe more to the bank than your home is worth in today's market. Don't panic. Don't force a sale. Don't do anything, except keep making your payments - even if it's hard to do so.

In Atlanta Commercial Real Estate, Poor Drafting Equals Option To Purchase Unenforceable

Blackberries, text messaging and instant messaging have resulted in a culture that worships speed at the expense of precision. I see this effect every day when people explain transactions to me that they wish to pursue only to leave out important details that they either had not considered or were in their head and did not make it into the email.

Interchange Gets Funded; Brighter Future For Woodstock Real Estate

.The future of Ridgewalk in Woodstock looks brighter for the long-term. Granted we're still in a real estate downturn and commercial real estate will definitely get worse before it gets better, but Woodstock can now see a future with a better way around town, improved access to I-575 and high-end retail.