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Neighborhoods throughout the metro Atlanta area are having trouble recovering from the real estate crisis that has lingered in the US. One problem faced by Atlanta area homes is squatting. Vandals, thieves, prostitutes, drug dealers, and the homeless can move into these vacant properties and destroy the interiors in no time. Atlanta officials are getting regular reports of squatting and vandalism. This problem is a large reason for many homes in the southwest Atlanta area struggling to sell. It’s problematic for the occupied homes as well, as the slums are moving in to nicer areas where the vacant homes are.

The Atlanta movers have a growing concern for housing fraud and all the problems that follow, such as the squatting epidemic. Floors are ripped up, appliances ripped out, and copper wiring and pipes stolen to sell. Code violations are now expanding to illegal tenants, kudzu and overgrown bushes and grass, and junk filled plots of land. Hopefully, now that the code enforcement is teaming up with Atlanta police, the problem can begin to be nipped in the bud.

Big hitting Hollywood movie stars will be coming into Atlanta to film a new blockbuster film entitled “Last Vegas.” Starring Hollywood A-Listers Robert de Niro, Morgan Freeman, and Michael Douglas, the movie will film at a warehouse-turned-movie studio, Mailing Avenue Stageworks, located near Grant Park. The Atlanta movers are excited to welcome the Hollywood actors and production team to our city.

Georgia has created incentive for production teams to move into the state by offering tax incentives for entertainment projects. Film crews and equipment availability have also increased exponentially, making Atlanta an easy location to shoot and produce. The movie is slated for a 2013 release, so filming should be around the corner.

An office in the Buckhead area of town is set to undergo a makeover–a transformation that will take it from office complex to apartment complex. The building was under foreclosure and a company called Lincoln Property Co. has released intent to transform the building into a revenue generating apartment complex. The Atlanta movers have learned this decision came from a struggle to retain tenants in this aging Buckhead complex.

In Buckhead, several apartment complex projects are underway–so the need to act quickly to renovate is something that Lincoln is well aware of. There are about six (at least) apartment projects slated for the area in the coming months. About 800-850 of the 2000 proposed apartment units will be ready for 2013.

For aspiring homeowners in the Atlanta area, now is the time to examine the market and determine if you are better off buying a place or renting for a duration of time. The Atlanta Business Chronicle wrote a recent piece debating the current state of the market and the way to tell what’s right for you. In markets throughout the country, such as Atlanta, real estate cycles are present and in full swing. The lack of new construction in many markets has resulted in increased demand with less supply.

The Atlanta movers find one valuable piece of information to consider is current rental rates and future rates.  Property value is an important assessment as well. What are your needs as a homeowner? Will they change in the next few years? Do you plan to expand your family/move? Consider what you envision for yourself and determine how much flexibility you need for moving on a whim or expanding your square footage for new members of the family.

While home prices are gradually rising in the metro Atlanta area, we wanted to investigate a nearby city to see how outlying Atlanta areas are faring in the current real estate economy. There are several zip codes that make up Sandy Springs, we have a breakdown pulled from AOL Real Estate that shows current data for the area, covering homes currently for sale, homes recently sold, days on market, and pricing averages.

30350:

363 Recent homes for sale

236 Homes recently sold

115 Average days on the Market

Median listing price: $450,000

Average listing price: $517,870

30342:

319 Recent homes for sale

311 Homes recently sold

116 Average days on the market

Median listing price: $430,000

Average listing price: $760,753

30328:

501 Recent Homes for sale

416 Homes recently sold

112 Average days on the market

Median listing price: $298,000

Average listing price: $475,838

The Atlanta movers are impressed by the value that the Sandy Springs market has maintained and the average listing price that is well above the average in other metro areas. As Atlanta edges into the higher part of the national sales prices, nearby areas like Sandy Springs continue to strengthen and add value to our entire state.

Home prices across the country are rising and adding stability to a once very shaky real estate market. Home values have gone up in 20 significant metro areas throughout the country, including right here in Atlanta. While it has certainly been a long journey, the past five years have been a rough ride for many real estate markets throughout the US.

Single family units are selling at an exciting rate, and inventory is weaning down. Existing home sales are up, and foreclosures are down. All in all, the right elements seem to be in place to have a strong real estate market in the coming months. The Atlanta movers are hopeful that after a rough period, we are finally seeing the light at the end of the tunnel. Particularly for Atlanta homeowners who have been underwater on their mortgage the last few years, we hope the shift in the market will give value back to their properties and bring a certain balance to the local industry.

According to Atlanta suburb analyst firm Smart Numbers, the real estate cycle has the upcoming months gearing the area towards a real estate recovery of sorts. The wait has certainly been long for the Atlanta metro area to regain its standing in the real estate industry, so hopes are high that the predictions are true and the time has finally come for Atlanta to have a positive  presence in the real estate industry.

When the market fell out six years ago, Atlanta was certainly not immune to the effects, and the market in the metro area, like many throughout the country, hit rock bottom as the years continued to lapse by. According to recent figures, the demand for housing in Atlanta is finally up and last month it was at an impressive five-year high.  Local realtors are selling a ton of homes, and the Atlanta movers are certainly keeping busy as well.

Homes selling in the Atlanta area are resales, and inventory is at a 12 year low, a great sign for the demand to buy, live, and invest in the area. While new homes certainly exist in the area and are also still popular among some, the real meat and bones for the industry are coming from existing homes reselling. Here’s to hoping, that after a long six years of a fickle and floundering real estate market, Atlanta is finally back in the real estate game.

According to recent data compiled by the Equity Depot Atlanta Foreclosure Report, there has been a drop in foreclosure filings for the Atlanta metro area, dropping from 7,634 in August 2011 to 7,273 for August 2012. On a whole, foreclosure filings are down for the year thus far at a rate of 12 percent. Atlanta joins many other national markets where the depressed market values have been a direct result of nearby foreclosures, something that hopefully will change as the filings fall off.

The Atlanta movers note that a recent stabilization of home prices, a drop in inventory, and a desire to move lagging foreclosure properties off of the market for once and for all have contributed to the current state of the Atlanta housing market. The number of homes for sale is considerably lower than years past, a positive trend for a market looking to buckle down and make a serious move in the industry.

While the signs are pointing in the right direction, there is certainly still a considerable number of foreclosure properties on the market, and many more since the initial drop in 2008. Now it’s a matter of moving these stagnant properties and moving forward with the market.

A woman is charged with mortgage fraud activity after submitting false payroll and income information to mortgage companies on behalf of Hunstville, Alabama residents. The woman, Melneka Parker, is charged with three counts of aiding and abetting three people to lie on their mortgage applications. Her fraud made clients eligible for mortgages that they would not have been approved for without her falsifying of their applications. Additionally, she has false tax records filed and has submitted a total of $623,357 in false mortgages.

The Atlanta movers know its fraud like this that has caused such trouble to the current state of the fragile and frail real estate industry. When buyers are given mortgages that they can’t afford, they are likely to lapse payments and fall delinquent, thus continuing the cycle of foreclosure.

Homeowners in the metro Atlanta area are much more common than the national average. According to Zillow.com, 30.9 percent of national homes are underwater on average, and the percentage in Atlanta is 54.4 percent. The city rank 2nd worst in the nation, beat only by Las Vegas, where 68.5 percent of homeowners are underwater on their mortgages.

Sadly, the Atlanta movers have more bad news for our region. Negative equity is an increasingly common problem, and 573,016 homes in Atlanta suffer from it. 90-day delinquency rates here is 7.8 percent. 1 in 5 homeowners with negative equity owe double what their home is currently worth.