Five Fun Atlanta Labor Day Weekend Events
Can you believe that the summer is coming to end? This weekend is Labor Day and there are plenty of Atlanta Labor Day Weekend Events to enjoy. In this week’s Coffee with Connie video I will be sharing 5 Fun Atlanta Labor Day Weekend Events. So, grab an ice cold glass of Southern Style Sweet Tea and enjoy the show. Please note that there are links for additional information at the bottom of this blog.
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Find The HOTTEST Deals on Lake Home Foreclosures Looking to have a little slice of your own heaven for the Labor Day Weekend? There are some amazing deals on Lake Front property that I have found. I update the list daily so check it out by click the Find The HOTTEST Deals on Lake Home Foreclosures
White Water Rafting Looking for ADVENTURE this Labor Day Weekend? Then check out white water rafting or zip lining. The website http://www.WildWaterRafting.com offers adventures on the Pigeon River (ages 4+), the Nantahala River (ages 7+), the Chattooga River (ages 8+), the Ocoee River (ages 12+), and Zipline Canopy Tours.
Helicopter Rides Over the Blue Ridge Mountains Sharp Mountain Avaition is offering a special through www.Groupon.com to give helicopter rides over the beautiful North Georgia Mountains. Trained professionals will lift you up for the ride of a lifetime.
Americana in the Park with the Georgia Bulldogs vs Boise St. Calling all Georgia Bulldog Fans! Looking to watch the game with friends. Then check out The Park Tavern in Downtown Atlanta for a great game special. They will be putting up large screens to watch the game while you enjoy the music from some great bands.
Strand Theatre Rocky Horror Picture Shows A classic is coming back to the Marietta area this weekend. Enjoy the Rocky Horror Picture show at the recently restored Earl Smith Strand Theatre on the Marietta Square. Rocky Horror Picture Show is an experience, a legend, and a cult tradition that has been passed down through generations. With a chorus of fans, this night will be no different.
Marietta Art in the Park The 25th annual Marietta Art in the Park festival returns to Glover Park in Marietta Square from September 3 – 5, 2011. The annual art festival takes place in Marietta Square each Labor Day weekend and features a juried exhibition pieces by over 150 artists from all over the country as well as local artists from the Marietta area. All items are handmade original work including paintings, photography, jewelry, sculptures, woodworking, pottery, and more.
“Love The Lake” in Acworth More than 100 arts and crafts vendors, music, festive food and entertainment will celebrate Lake Acworth at this year’s “Love the Lake” festival September 3-4 in downtown Acworth.
The two-day festival begins with a parade down Main Street at 10 a.m. There will be two entertainment stages – one featuring acoustic music, the other showcasing dance groups and choruses from area high schools and churches.
The Atlanta Ski Club will present wakeboard demonstrations, ski jump competitions and ski exhibitions. The children’s area will include a Shark Slide, a Euro Bungee Quad Jump, a Rock Wall and a Trackless Train.
In this week’s edition of Coffee with Connie I will be exploring the Atlanta Housing Market as of the second quarter, 2011. What I want to focus on today is distressed sales (Atlanta Foreclosures and Atlanta Short Sales).
Distressed properties still represent a very large percentage of total sales in Atlanta with about 4 out of every 10 Atlanta home sales being either a bank owned property or a short sale. The result of this abnormally high percentage of distressed housing sales is a strong downward pressure on home prices.
What I sense the banks are doing is flushing out their inventories by placing their Atlanta REO properties on the market below current values. This is causing a flurry of buyers scrambling to grab these homes. We are seeing more frequent multiple offer situations that oftentimes are selling for more than the list price.
The months of supply of non-distressed properties is more than six months. What this means is that it is still a buyer’s market. Conversely, the months of inventory of distressed properties in Atlanta is below six months meaning that the banks are sitting in the driver’s seat of a fast and furious seller’s market.
No one will deny that Atlanta distressed properties are dictating prices for all price categories.
What does this mean for Atlanta home buyers? It means that now is a great time to take advantage of both Atlanta foreclosure homes and Atlanta short sale homes. The deals are good but you need to be prepared. By this I mean you need to 1) Have a GREAT AGENT who knows the ins and outs of dealing with bank foreclosures and is familiar enough with the market to know a deal. 2) Be ready financially either with cash or pre-approval on a mortgage, and 3) Don’t mess around…if there are multiple offers on the property be prepared to make a full price or higher offer.
What does this mean for Atlanta home sellers? Just because there is competition from banks and short sales don’t assume that it is not a good time to sell. If you want a bigger home, or a home in a better school district, or a home closer to downtown Atlanta, or a home closer to your place of employment, now may be one of the best times to sell your existing home and buy up. The money/equity that you lose on your current resident will be more than recouped when you get a great deal on a higher priced home that has been even more drastically reduced.
Also, don’t play around with overpricing! Since values have continued to decline, every day that your home doesn’t sell could mean additional equity lost. Be sure to HIRE A GREAT AGENT who knows how to strategically price your home to sell for the most money possible in a decent amount of time.
STAY TUNED: Next week I will be discussing the PITFALLS OF OVERPRICING
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Search for Atlanta Foreclosures – Updated Daily
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The Connie Carlson Team specializes in helping clients buy and sell homes in Marietta, Georgia and the surrounding Cobb County area.
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