Archive for the ‘Atlanta Area Mover’ Category

While solar panels have been a popular idea among various energy-conservation groups, there is apparently a backlash by residents in neighborhoods where panels are moving in. Homeowners associations are actually banning them over fears that they make neighborhoods look less desirable and therefore lessen the value of all of the homes surrounding the solar panels.

In Atlanta, there were recent incidents of real estate agents and developers blatantly opposing the idea of adding solar panels. It’s a quandary for homeowners who want to do their part in reducing their carbon footprint, not to mention the desire to alter the home that they pay a mortgage on. The Atlanta movers have found associations aren’t really willing to budge, saying they are free to buy homes elsewhere if the panels are that important.

According to recent reports, the 20-county metro Atlanta area has had a tremendous drop in terms of real estate pricing. S&P Case-Shillernumbers has confirmed that from February 2011-February 2012 there was a 3.5 percent drop in prices–but that the year to year decline in its entirety is upwards of 17 percent. The Atlanta movers have also learned this is the largest drop in real estate valuation throughout the entire country.

While homes are continuing to sell, the Atlanta movers hope that this drop is simply a price adjustment to true value of homes versus an inflated market. We’ll follow the trends as the come over the next few weeks.

Atlanta’s Hartsfield-Jackson airport is one of the busiest airports in the world, and it’s about to get even busier. The amount of travelers expected to pass through the airport is ballparked at another 120 million passengers each year. Thankfully, a new terminal is underway that will facilitate the added travelers. The terminal, known as the Maynard H. Jackson Jr, International Terminal and will cost $1.5 billion.

Concourse F is the new terminal, and it will consist of 12 international gates as well as a new entry-exit for travelers. There will also be eight new security lanes to quicken the departure process for passengers traveling on international flights. The facility is named in honor of the first African-American lawyer. The Atlanta movers are excited for the new developments that will be coming to the airport.

According to a new study by Prudential Real Estate, the real estate market is gaining confidence across the nation, in the eyes of both sellers and buyers. Not only are people feeling more confident with the current market, but they expect to get more confident over the next two years. Mind you, polled citizens also shared that the housing crisis made them more aware of the consequences one can face with housing problems and how vital it is to be cautious before diving into a huge investment, like a home.

Here at the Atlanta movers, we know the momentum is gaining. And according to reports, Boston, Cleveland, Atlanta and Dallas are among the cities throughout the nation that have been reporting an increase in residential sales. Here’s to keeping it up, and to getting stronger!

South Florida-based real estate company Parmenter Realty Partners is now the proud owner of Atlanta’s The Lenox Building, which is located in the popular Buckhead area of the Georgia city. It is attached to the Lenox Square Mall and also to the JW Marriott Hotel.

Here at the Atlanta movers, we feel its a good sign for Atlanta corporate real estate. The sale, which averages out to about $170/square foot, is indicative that Atlanta is an area worth investing in, both in a commercial and residential setting. The buyers from South Florida plan to upgrade the property and use it as the company’s new headquarters. Stay tuned for potential job news at Parmenter’s new upcoming corporate office in the coming months!

According to recent reports, home buyers in Atlanta can breathe a sigh of relief in regards to the local economy. The Federal Reserve recently announced that interest rates will stay at their low level through 2014. In keeping with the interest rates, there is also the unemployment news–rates are down! But that isn’t all–here in Atlanta, the home price index has increased (though slightly) over the last 3 months. While it may be premature to say, it seems a go that the Atlanta market is on the road to recovery.

The Atlanta movers want to encourage potential home buyers to strike while the iron is hot and take advantage of the low interest rates. Though they’ve been extended through 2014, that doesn’t guarantee the volume of inventory available today!

The Atlanta movers hear that there has been a new sale of commercial property in downtown Atlanta. The Imperial Hotel has long been inhabited by the homeless and low income families of the Atlanta metropolitan area. The last 15 years have seen the hotel house homeless and advocates at low costs–a far cry from the hot spot that it used to be back when it was one of Atlanta’s leading hotels.

Recently, the building was purchased by Columbia Residential and National Church Residences, and will remain a safe haven for the needy. Initial fears were apparent that the property might be remodeled and flipped as luxury condos, however, the goal is to provide high quality affordable housing for the needy. The current residents will be displaced while renovations are underway, however.

Buckhead has long been noted as an upscale and prominent area of Atlanta–but also one that had potentially jumped the gun and built too many new developments too quickly, such as expansive condo and apartments and also a plethora of office space. With the recession, many of these new and beautiful luxury buildings were left vacant.

However, with a new year seems to be a new turn for Buckhead. At it’s vacancy peak for offices, Buckhead was at 23% open units. Currently, that number has dropped to 18.7% vacancy. While the change may not seem significant, the Atlanta movers are hoping its a positive step in the right direction.

While residential real estate is staying busy with buyers, landlords, and renters; the commercial site isn’t doing as well–but it’s getting there. Hopefully in the first quarter of 2012 we will see some positive movements in the Atlanta market.

The Occupy movements are moving on to a new cause–saving foreclosed homes. Not just for the owners, mind you, but also for themselves to basically squat in. Public spaces such as parks have driven out the crowds, so they have taken to boarded up and condemned properties and claiming them as their own.

However they do also claim to be saving homes for families being foreclosed on. In Atlanta specifically, Occupy protesters held a rally in front of a county courthouse with whistles and sirens intended to disrupt auction proceedings indoors. The auctions were of course to sell the foreclosed homes. The foreclosure protests have also been popping up in New York, Seattle, and in Southern California. The motto? “Foreclose on banks, not people.”

The Atlanta movers have learned through a Newsday article that Occupy protesters feel they are saving homes for the needy and that their acts are a sort of “Christmas gift to the people.”

While the real estate market has had a rough year (as residential has as well), there are a few markets throughout the United States that showed in increase in market activity including sales, developments and new construction. The Atlanta movers are proud to say that our city is one of those successful markets. As the most reliable commercial mover in the Atlanta metro area, we are pleased by the strength of the Atlanta commercial real estate market and also hope that our situation only continues to improve.

According to a new article published on the Credit Union Times website, Atlanta is among a dozen cities (including Boston, Chicago, Cleveland, Dallas, Kansas City, Mo., Minneapolis, New York, Philadelphia, Richmond, San Francisco and St. Louis) that saw changes in the local commercial real estate market. Though the increases weren’t huge, they are certainly a step in the right direction.

In Atlanta specifically, rental vacancies declined, rents have stabilized, and construction activity is up from 2010.