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While the foreclosure rates in Atlanta haven’t changed much into the month of May, optimists are assured it’s much better than a second wave of an increase in foreclosure filings. However, there isn’t much decrease in rates either, leaving the foreclosure industry in a stagnant and awkward place. In the Atlanta metro area, foreclosures slowed down around Christmas of last year and the disastrous robo-signing epidemic was finally resolved early this year.

The Atlanta movers are glad that there hasn’t been an increase in foreclosure filings, but also hopeful that the latter part of 2012 can bring a significant diminish in filings and break the negative real estate trends for good. Home sales are up in comparison to early quarters of 2010 and 2011, so it’s very possible that 2012 could bring about a level of recovery for the realty industry.

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.

An Atlanta man, George Daylin Houser, has been convicted for conspiring to defraud the Medicare and Medicaid programs with his wife by billing them for “worthless services” in three nursing homes throughout July 2004-September 2007. For that period of time, Medicare and Medicaid paid Houser $32.9 million for food, medical care and other services that Houser did not provide to residents of his homes.The case is being investigated by the FBI.

Houser was also convicted for eight counts of failing to pay employees payroll taxes–over $800,000. He also failed to pay his own taxes in 2004 and 2005. The Atlanta movers are appalled at the actions that have taken place and at the attempts to take advantage of government programs that seek to help citizens who need financial aid and medical care.

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!

The Atlanta Foreclosure Bus, which begin in 2010, is coming back to the Atlanta area in April. Haven’t heard of the bus? The Atlanta movers are hear to tell you more! For homebuyers looking to purchase in Atlanta, the foreclosure bus is a great way to see what’s on the market, and for how much.

The foreclosure tours are a great way for investors and home buyers to kick back and enjoy a “sightseeing” tour of the Atlanta real estate market. The tours take place the 2nd Saturday of each month, and a complimentary lunch is included.  Considering the fact that 1 in 4 Atlanta homes is on the foreclosure market, this 2 hour bus tour of the Alpharetta area is a great way to cover a lot of ground with a guide.

Recently, the Mandarin Oriental Hotel Group shared news that they will be taking over The Mansion on Peachtree luxury hotel & residence and renaming it the Mandarin Oriental, Atlanta. The hotel, which has been a Buckhead fixture since its opening, is a 42 story mixed-use building. The hotel offers over 100 guest rooms, and amenities such as a ballroom, spa, and indoor pool are accessible by the 25 private residences as well.

The Mandarin Oriental brand is one recognized worldwide, and to have a branch of the chain put roots in Atlanta is certainly a positive sign for the people who visit there and the business opportunities that Atlanta holds. Here at the Atlanta movers, we’re excited about the new Mandarin location and the prestige it brings to Atlanta.

For the seventh month in a row, January’s figures saw residential property sales rise, according to a RE/MAX housing report. In comparison to early 2010, real estate sales are now 3.4% higher.

Along with the sales rising, there is noticeably less inventory, as new construction has remained stalled in places like Atlanta. If the trends continue with sales picking back up, it’s quite possible that we could see home prices begin to rise again. The Atlanta movers are excited to share that Atlanta was among the areas that saw the highest jump in sales, with sales up 26.3%.

Hopefully soon we will see new construction pick up, so that not only will there be more housing available to balance supply & demand, but to also offer work to contractors, builders, architects and other careers that were negatively impacted by the collapse of the real estate market.