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Relocation demand is rising for the Atlanta area, prompting the need for more corporate housing options in the region. A new development called AvenueWest Atlanta is the latest location to open for the AvenueWest Global Franchise, a company that fills the void between private landlords and new city transplants and business travelers. Corporate housing is the company’s specialty, which is basically the need for fully functioning housing for about a month or so as they seek more permanent housing situations. The Atlanta corporate movers have found that the Atlanta branch of the company, located at 5905 Atlanta Hwy., has the connections for fully furnished apartments, homes, and condominium units for corporate needs.

The appeal of corporate housing is that they have all of the amenities of home and are available for longer periods of time and a more affordable rate than hotels would provide. One of the benefits specifically in Atlanta is that there has been a boom in real estate without the quantity of homes to meet the demand, and these temporary solutions can be the perfect place to bide time until you can find a permanent home or a place of interest becomes available. You can read more about the company and browse availability here: http://atlanta.avenuewest.com.

 


The property that was initially planned to become the Trump Towers Atlanta now has a new fate, according to Atlanta Biz Journals which has reported that AMLI has purchased the land and is planning a Midtown high rise apartment project. The land is approximately 1.8 acres and it is located on the corner intersection at 15th and West Peachtree Streets, a lot that sold for $7 million. That price breaks down to about $91 per square foot, or less than $4 million per acre. Atlanta commercial real estate trends show that’s not the lowest in the area but it is still a great deal.

According to early discussions with contractors, the property could be 20 to 30 stories high, though other details for the project remain unknown. The development group will present their proposal to the Midtown Development Review Committee in the coming weeks. Apartments and condos are popular projects throughout the nation, and Atlanta is no different, with apartments sliding into the lead position. This AMLI development will be the fifth high rise to go up in the neighborhood in 2014 so far.

 


Interested in your very own Atlanta mega mansion? An estate encompassing almost 19 acres in Atlanta has just been listed for $48 million, according to the Wall Street Journal. This is a huge luxury estate that is significantly higher in price than homes in the area, where the highest listed home has been in the $20 million range. So what’s with the arguably exorbitant price tag? A bevy of amenities such as a collection of 500 pieces of art and antiques, including a Picasso and and an 1885 posted by Henri de Toulouse-Lautrec which are together worth $14 million.

Other amenities and perks include a wine cellar with 1,000 bottles, a 1,700 sq. foot fitness center, seven bedrooms, ten bathrooms, a swimming pool, a pool house, and a four bedroom-three bathroom guest home. The grounds also are home to a pair of statues from the gardens of the Palace of Versailles. The home is listed by J.K. MacDonald who is selling the home with the intentions of living in his Palm Beach home full time. This home is a true property of opulence within the suburban Atlanta housing market.


National home values have decreased for the second month in a row this fall, according to data compiled by Zillow, the real estate market online resource. However, Atlanta has had a different trend as of late, and local home prices surged 14.3 percent in October and to an average of $128,500. National home values fell 0.1 percent for two months in a row, despite a cumulative rise in prices from 2012 to 2013 totaling 5.2 percent.

Moving to Atlanta is still a financially wise decision as the market is steadily in a rebuilding state. New construction is available in a wide range of neighborhoods and budgets as well. Predictions show that the market will only continue to strengthen as Atlanta heads into the new year. As for the rest of the nation, we’ll keep you posted on the home value trends as they become available.

 


For a long time, Atlanta has been dubbed the poster child of urban sprawl, a moniker that might soon be coming to an end. According to a recent study by the Atlanta Regional Commission and Georgia Tech found that the civil engineering of the city of Atlanta is an example for the rest of the country with its copious amounts of walkable urban places, or “WalkUPs” for short.

The Atlanta local movers know that Atlanta has been creating WalkUPs since the mid 1990s in an effort to build denser urban areas with an increase in single of two-person households in this region and less children, as families with kids moved more toward outlying suburban areas.

Findings from the study have shown that 74 percent of the established walkable urban areas in the metro area are spread out throughout the large city, with 16 of the areas in Atlanta proper and 27 are in areas served by rail transit. The Atlanta Beltline is a great example as it is a 22 mile loop of parks, trails, and transit that will ultimately connect 45 neighborhoods


The crowd funding platform that focuses on commercial real estate funds has officially hit Georgia, according to the National Real Estate Investor Online. CrowdVested enables real estate developers with the tools to raise capital and provide investment options all in one convenient place. Prior to CrowdVested, crowd funding was typically reserved for people who wanted to make donations towards a project or towards goods, and this company makes it possible to invest in great ideas and subsequently reap financial benefits.  

The Atlanta local movers have found that this program will be beneficial in filling the investment void in the local market and to obtain financing from a variety of investors who will in turn help better their communities.

Real estate is an ideal outlet for crowd funding, according to the group, because it is the foundation of local business and it helps directly serve local residents. Redevelopment and new construction projects are all proposed, and investors can get onboard for as little as $500 towards a project, making investment open to a wider array of investors than ever before.


In today’s real estate market, one thing is clear for Atlanta: home ownership is an affordable and wise investment. According to a study by Trulia, owning a home in Atlanta is affordable for 75% of the middle class, which is a figure determined by a few factors that the study took into consideration. Affordability was determined as a monthly mortgage payment in comparison to the metro Atlanta median household income.

The median household income in Atlanta is $54,628, and that makes a home costing $266,000 in the affordable range. Based on data compiled from the most recent MLS listings, 75% of homes for sale fall into that price range, bringing the affordability down from 2012 where there were 84% of homes listed under that price.

75% is a very affordable index for local buyers, and it isn’t too far behind the most affordable city in America (by this study’s standards), Akron, Ohio. In Akron, 86% of homes are affordable for middle class residents. On the flip side, the least affordable city in the country is San Francisco, where only 14% of homes are attainable to the middle class. 


According to the 2013 American Fitness Index, Atlanta ranks slightly above the middle with a ranking of 21 among 50 U.S. cities analyzed for their health score. This ranking is determined by a variety of factors, such as walking and biking paths, high quality drinking water, outdoor activities, healthy eating options, and many other criteria. The Atlanta local movers are proud that the addition of healthy areas within the city, such as the Atlanta BeltLine, Serenbe, Glenwood Park, and the Historic Fourth Ward had contributed to the city’s health grade and are only the beginning of healthy areas that the city plans to create.

According to research by the American medical Association, the 1996 Olympic Games, which were held in Atlanta, resulted in a 27.9 percent reduction in ozone concentration due to traffic volume decreases, which brought asthma-related emergency room visits down 41.6 percent.

As the city continues to evolve and develop, there are some key ideas to keep in mind to maximize health, such as stairwell placements to encourage stairs over escalators/elevators, enlarging windows to allow natural light and views of greenspace, which is proven to stimulate mental activity, and other city engineering such as creating walkable neighborhoods that are conducive to walking and biking by residents. The result is both beneficial for people’s health and also for the reduced automobile pollution.


This October, HGTV’s Chip Wade (star of Elbow Room) will be joining the Atlanta Home Show at the Cobb Galleria Centre. The Home show will offer peeks at the latest innovations in the home decorating, landscaping, and remodeling worlds. This year’s expo marks the 30th annual home show for the area and it will take place October 4-6th. Chip Wade will bring his carpentry skills to the event and will speak on October 5th at 1 and 3pm. Tickets are $10 for general admission and can be purchased at the site www.AtlantaHomeShow.com.  His speech will be on Appealing Spaces: Lessons Learned from TV Makeovers.

In Atlanta, the show is particularly relevant and important because home buying, selling, building and remodeling have all been on the rise this year in the local market. Come learn about tips for updating, expanding, and making your home one-of-a-kind with our team of experts. There will also be many attendee-specific savings and promotional deals, so if you are serious about changing your home, you don’t want to miss this. Show hours are 10 a.m. – 6 p.m. Friday, Oct. 4, 10 a.m. – 7 p.m. Saturday, Oct. 5 and noon – 6 p.m. Sunday, Oct. 6. Children age 12 and under and adults age 65 and older (with I.D.) are admitted free. On-site parking is free. The Cobb Galleria Centre is located at Two Galleria Pkwy., Atlanta, Ga., 30339. The Fall Atlanta Home Show’s 24-hour information line is 770/798-1997.


According to data compiled by the American Community Survey, the Atlanta metro area has a median income of $54,628 for 2012, which is higher, but not drastically so, then the number in 2011–$53,681. In addition, the poverty level was analyzed. In 2012, the poverty level was 16.6 percent, and it was a slightly smaller number than 2011’s 16.8 percent. The Atlanta local movers have also found that the amount of residents without health insurance in the area decreased over the comparative time period, with 2011 showing 19.7 percent had no coverage, and 2012 showed that 18.4 percent lacked coverage.

The median value for housing in the Atlanta metro was $160,800 according to 2012 census data, which was a decrease from the value in 2011–$166,100. Rent values stayed about the same, with an average of $929 in 2012 ($935 in 2011) consisting of rent + utilities. The survey covered a wide variety of statistical data, from education to employment, commute times to languages spoken, and everything in between. So how does Atlanta compare to the national average? The national median income is at $53,607, and the national median price for homes was $188,300. Rental rates are about $925, which is pretty parallel to the Atlanta market. For additional data on the Atlanta metro area, you can check out this article here.