So, we will start in Downtown.  First, in zipcode 30303 - which includes the Central Business District and the Fairlie Poplar area. Eleven condos/lofts sold in this area during these past four months.  Problem is-9 of those 11 were foreclosures/bank owned. Ouch.  The highest price was a 2 bedroom/ 2 bathroom residence in Fairlie Poplar and it sold for $162,000.  The lowest price residence sold was a 1 bedroom/1 bathroom at the William Oliver for $58,000.  From June 1 to October 28, 2008, only 5 sold - but 3 of them were 2 bedroom /2 bathroom homes and all sold at higher prices than the highest priced one in 2009.  The 2 bedroom /2 bathroom at Renaissance Walk sold for $271,900 (boy I bet those buyers wish they had waited) and one 2 bedroom/2 bathroom in the William Oliver sold for $179,000.  Two of the 5 that sold last year were foreclosures - but the average priced sold in this time frame of 2008 was $177,000 and the average size was a 2/2.5.  The average priced sold the past 3 months of this year was $98,309 but the average size was 1/1.5. So, it seems we have come down in this area - but not terribly since last year.

Let’s move on to zipcode 30313 - which includes more of Downtown and the Castleberry Hill area. This year, 19 have sold since June 1st and out of those 19, a whopping 12 were in foreclosure - and one was a short sale.  The two highest priced were very large 3 bedroom / 2.5 bathroom Centennial Park North townhomes with 2 car garages.  The entire development was in foreclosure and one was on the market originally at 517K… and sold for 370K.  Holy crap.   The lowest priced residence during this time frame was a 910 sqft 1 bedroom/1 bathroom loft in the cool Giant Loft building which sold for $55,100.  The average priced condo/loft that sold in the last 3 months was $165,692 and the average size was a 2/2.5.   From June 1 to October 28, 2008, the average priced home of the 21  that sold was $232,314 and the average size was a 2/2.5.  This ain’t pretty. Thirteen of the 21 from last year were foreclosures.  The highest priced was a 3 bedroom/3 bathroom sweet loft at the new Castleberry Point Lofts.  It sold for 455K and had been on the market at 475K.  The lowest priced one was a foreclosed 1 bedroom/1 bathroom in Centennial Park West that sold for 105K after the bank had put it up for sale at 169K.

Wow - interesting stuff here.  We shall move on to Midtown in the next few days.  I would say Little Girl’s look in this photo basically sums up my thoughts in the here and now.  Although, if you want a serious deal - looks like you can get one!

Technorati Tags: Has the condo/loft market gone ka-plunk in Atlanta in the last few months?, We all knew it may happen after Atlanta got a gluttonous amount of massive condos put on the market last year., Central Business District and the Fairlie Poplar area, Downtown and the Castleberry Hill area, Midtown

This weekend, September 26 and 27th, guests will visit eight sexy lofts in Castleberry Hill and will be able to hang out around the area - visiting local shops, restaurants, etc.  There will be an art market located in the courtyard of Castleberry Point Lofts this weekend and you can begin the weekend in Castleberry Hill by attending the acclaimed art stroll on Friday night.

What a great event this weekend for loft lovers!  Enjoy.

P.S. There are some serious deals to be had on lofts in this area…especially the newer ones like Castleberry Point. Holy Sch-molly.

Technorati Tags: Castleberry Hill Loft Tour, Castleberry Hill, Castleberry Point Lofts

Held every year in Atlanta on Labor Day Weekend, Dragon*Con is “the world’s largest multi-media popular culture convention focusing on science fiction, fantasy, gaming,comics, literature, art, music and film in the U.S.”  You say, WHAT?   I am telling you, if you have not done the parade, you must.   You can witness stormtroopers walking with Harry Potter walking with fairies, walking with dragons, walking with Gandolf!  It is something out of a bad dream come to life and I love it.

I usually take Brutus every year, but last year, an alien came up to him and scared my poor big boy to death.  So, this year I think just the humans will go alone.  This has truly nothing to do with buying a loft or a condo - but it certainly has to do with what our city offers…and this thing is spectacular.  The parade will be held on Saturday at 10am. Oh, and I forgot to let you know that William Shatner is the guest star this year!  OH YEA!

Brutus fainting after being “attacked” by an alien.  (Actually he was just bored and lying around on the street.)

Technorati Tags: 2009 Dragon*Con Festival

For more information on the federal tax credit, please click here. And don’t forget that the state of Georgia has it’s own tax credit worth up to $1,800 - for more info on that, visit here.

If you have questions or want to look for a property (and there are loads of deals out there right now, people) then let me know!

Technorati Tags: federal tax credit, Georgia has it’s own tax credit

Home of the National Linen Company and built in 1954, this fabulous loft building is truly one of a kind.  95 foot long steel trusses allowed for uninterrupted factory space.  The expansive metal windows created tons of light and the modern design made way for efficient textile manufacturing.   The architects who created Freedom Lofts in 2001 truly went out of their way to capture the historical details.

Located in Poncey Highlands - close to everything in-town-the space is urban and industrial, expansive and modern and yet, warm.  I love them.  I am also lucky enough to have one on the market for $239,900.  This 1 bedroom 1.5 bathroom loft is sexy.  The views from the rooftop deck are fabulous and the open space in the living spaces are second to none.  Check out fabulous photos here and call or email me if you are interested in seeing it in person!

Technorati Tags: Freedom Lofts, Poncey Highlands

I keep telling myself I will stop rescuing puppies - but more and more are being neglected these days.  I rescued this one at age 6 weeks from a horrid situation.  He is now healthy as pie and is almost 9 weeks old. He is a mutt I would guess- maybe pit/lab/mutt.  He is a sweet sweet boy and needs a loving home.

I have named him Modelo, but some people call him George.  Please let me know if you are interested.  He has had his first shots and is available for adoption now.   ($85.00 adoption fee for shots and boarding requested.)

Please pass along to friends and co-workers! Ashley -678-612-4313 or email me.

So, I have a townhome listed on Commerce Drive - like 5 minutes (by foot) from Decatur Square and Marta) for the fabulous price of $245,000.  It is a 2 bedroom / 2 and a half bathroom residence with a sweet bonus room on the ground floor that can be used as a third bedroom, office, or entertainment area.

Check out fabulous photos here and call me or email me if you are interested.   (Two car garage as well, peeps.)

My favorite one is the Artisan in Decatur  - which has only 8 residences left.  The developer is offering 6 months of mortgage payments, closing costs, and more. I must say, I like these condos and they are in the middle of Decatur…walking distance to everything.

I know Arizona II is offering some serious deals for their last available lofts as well.  I am sure that they are offering their lofts at  much lower prices than the residents who bought before now.

Go forth and find yourself a deal.  If you need help, let me know!

Technorati Tags: Artisan in Decatur, Arizona II

The Castleberry Hill Art Stroll is tonight and there is an open house at this loft - so go by and enjoy the views it has to offer from the private outdoor deck!  I’ll be sure to show up if it is not raining cats and dogs.

Happy Memorial Day!

Technorati Tags: “the best loft in Atlanta”, Castleberry Hill

The starting price for a 1 bedroom 1.5 bathroom condo is 105K - compared to the last asking price of $237,500.  You can get a 2 bedroom for 140K (compared to 301K it was listed at) and the 3 bedroom / 3 bathroom home will start at 250K. Not bad considering they were offered at $486,500.

I wrote about these a while back and if you want to live close to Marta, close to Buckhead, and close to all highways, you should check it out.  Seriously, it is in a prime location and at this point, they have some serious deals going on.  They have also been FHA approved and one of my good friends, Jared Tawzer of Sharpe Mortgage, is helping with the loans.

If you want more information, please let me know.

Technorati Tags: The Cosmopolitan Condominiums