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Pam Handler's Blog

By Pamela Handler | Agent in Atlanta, GA
  • Inman Park is on Fire!

    Posted Under: Parks & Recreation in Inman Park, Home Buying in Inman Park, Home Selling in Inman Park  |  October 19, 2012 4:15 PM  |  287 views  |  1 comment
    Inman Park is HOT! HOT! HOT!  What is it about Inman Park that makes it hot?  EVERYTHING!
    The Restaurants, the Beltline, the Shopping, the Parks!  

    Did you know that the first Inman Park Festival was held in 1971? The Festival was a means to raise money for revitalizing the Community and today it's one of the largest and best festivals in Atlanta. It's always held the last weekend of April - I'll see you there!

    Last Monday I listed a fantastic 3 bedroom 3.5 bath townhome with an elevator in Inman Park and today we are under contract!

    I can help you find your dream home in Inman Park!  Contact Pamela Handler and Associates your Realtor for Life Changing Events.

  • This Month in Real Estate Compliments of Pam Handler 404-932-5540

    Posted Under: Home Buying in Atlanta, Home Selling in Atlanta, Foreclosure in Atlanta  |  April 7, 2011 2:27 PM  |  456 views  |  No comments
    Check out what's happening this month in real estate.  I am committed to helping 50 families this year whether it be to buy or sell real estate.  Who do you know that needs my help.  Contact me at 404-932-5540 or send an email to pam@metropolitanhomesatlanta.com

    Click here to view this email in a web browser.

    Pamela Handler
    404-541-3500 (Office)

    Keller Williams Realty Intown
    621 North Avenue NE Suite C-50, ,
    Atlanta, GA 30308

    April 2011 Market Update
    Gradual and uneven progress in the housing market continues without government support. The market has shown remarkable improvement from the initial drop after the expiration of the home buyer tax credit this past July. Although higher-than-normal distressed sales skew the overall picture of home prices downward, inventory remains at pretax credit expiration levels. The rock-bottom interest rates of 2010 are likely to trend upward. As economists anticipate rates at or above 6% by the end of 2012, buyers are moving off the sidelines and into the market.

    Recent reports suggest the economy is picking up steam even though it is not yet fully reflected in the job market. In terms of economic growth, America outpaces all the other G7 nations except Canada. However, when it comes to adding back jobs, America is the weakest. During the recession, businesses looked for ways to increase efficiency and productivity. U.S. productivity, or output per worker, doubled in both of the past two years. A full housing recovery depends on growing employment. Without jobs, most Americans cannot buy new homes or afford their current ones. As the economy continues to pick up steam, employment will likely follow suit as there is a limited amount of productivity workers can provide.

    While the economy improves, stimulus efforts by the government and the Federal Reserve Board will gradually wind down, which typically spurs rising interest rates. Meanwhile, buyers continue to benefit from historically favorable buying conditions and sellers are encouraged by increased market stability.
    This month's video:
    Interest Rates
    Click to play
    Throughout the month, rates hovered in the 4.8%-4.9% range. After rising above 5% for the first time in about ten months in early February, rates have come back below but are expected to follow an upward trend throughout the year. As overall economic recovery remains on track, rates will likely rise to keep inflation in check. Buyers wanting to capture the savings in monthly payments that a historically low interest rate affords are expected to take advantage of excellent buying conditions.
    Home Sales
    Although home sales have fallen 9.6% compared to the previous month, they remain close to last year’s levels, showing only a 2.8% decline. The unseasonably cold weather across much of the country during late January and February could have kept buyers indoors more so than normal. Gradual improvement with bumps along the way has long been the anticipated road to full recovery. In fact, home sales remain 26.4% above the low last July. As Lawrence Yun, chief economist of the National Association of Realtors, explains “month-to-month movements can be instructive, but in this uneven recovery, it’s important to look at the long-term performance.”
    Home Price
    Home prices continued to soften in January with median home prices decreasing to $156,100. This is 5.2% below the year-ago level and brings the median price close to February 2002 levels. Two out of every five homes sold during February, or 40% of sales, were distressed properties. Distressed sales often sell for 10%-20% less than traditional home sales. The decline in home prices is less reflective of the value of individual homes and more reflective of the bargains that a record level of all cash buyers and investors are snapping up. Prices and mortgage rates remain favorable for buyers as the spring selling season starts.
    The slowing of home sales and an increase in listings pushed the months’ supply up to 8.6 months, an increase of 15% from the previous month and 2% year over year. This is the third-lowest level since June. Months of inventory remains 31% below its peak of 12.5 months in July and is now back to pretax credit expiration levels. With the summer selling season approaching quickly, experts anticipate more homes to go on the market in the coming months.
    When first-time home buyers decide they are ready to buy, it is essential for them to begin the process by carefully assessing their values, wants, and needs—both for the short and for the long term. This is a critical step since consultation sessions normally start with the buyers’ values. Afterward, buyers can explore their wants and needs, and once defined, determine actual criteria.

    A recent study shows how important the following home-buying factors were to buyers:

    1. List Price: 72%

    2. Location: 69%

    3. Neighborhood: 55%

    4. Floor Plan: 37%

    5. Square Footage: 28%

    6. Schools: 22%

    By having the home-buying criteria in mind before walking into a consultation, buyers are off to a better start when meeting with their real estate agent. The consultation allows buyers to fill in any missing gaps within their values, wants, and needs.
    Each Office is Independently Owned and Operated.

    Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.
    The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.

  • My East Atlanta Village Listing Needs A New Homeowner

    Posted Under: Home Buying in Atlanta, Home Selling in Atlanta, Property Q&A in Atlanta  |  March 24, 2011 12:41 PM  |  432 views  |  No comments
    Call me for details!

  • Downtown Decatur Luxury Rental

    Posted Under: For Rent in Decatur  |  May 11, 2010 3:06 PM  |  429 views  |  No comments

    If you are looking for a spectacular rental in Downtown Decatur this is it!  335 West Ponce de Leon Ave. is a luxury building located right in the heart of Downtown Decatur.  This building offers concierge services, gorgeous lap pool, fitness center and 2 gated and secured parking spots.  Call me at (404) 932-5540 to view this 2 bedroom 2 bath contemporary loft with a monthly rental of $1850.

  • Interested in Edgewood?

    Posted Under: Home Selling in Edgewood  |  May 11, 2010 2:59 PM  |  433 views  |  No comments

    If you are interested in purchasing a home in Edgewood, this weekend is the best time to check it out. We are having a group open house on May 15 and May 16 from 2:00-5:00.  Make 220 Hutchinson Street your first stop!  This is an incredible deal - 3 Bedroom 2 Bath Craftsman Bungalow being offered at $269,000.

    If you would like a private showing, contact me at (404) 932-5540.

  • It's A Beautiful Day In Atlanta - Go House Shopping!!

    Posted Under: Home Buying in Atlanta  |  February 21, 2010 8:42 AM  |  441 views  |  No comments

    It's a beautiful day in Atlanta with temperatures hitting the 60's.  Take advantage of the first time homebuyer tax credit.  So get out there and get under contract before April 30, 2010. If you are interested in the Edgewood area this house should be your first stop!

    Check out this beautiful new craftsman style bungalow in the Edgewood neighborhood.  This 3 bedroom, 2 bath home has incredible features such as hardwood floors, security system, large custom kitchen equipped with custom granite, stainless steel appliance package, custom cabinetry and island.  This is a dream kitchen for someone who loves to entertain!  The bathrooms belong in a spa setting - beautifully done tile work, cabinetry, jetted tub, separate shower and dual vanities.  Master suite is quite large where a king size bed and full bedroom suite can fit comfortably.  The secondary bedrooms are a great size and share a beautiful bathroom.  Minutes to Candler Park, Edgewood Shopping District and Marta.  Being offered at $299,900.  For more information on this property and other properties click here:  www.atlantamodernliving.com or Call Us at (404) 932-5540.

    Areas we serve: Decatur Georgia, Buckhead Atlanta Georgia, DeKalb County, Fulton County, Avondale Estates, Ansley Park, Virginia Highland, Poncey-Highland, Poncey Highland, Morningside, Candler Park, Grant Park, Lake Claire, Druid Hills, Emory, Inman Park, Downtown Atlanta, Midtown Atlanta, Little Five Points, Edgewood, Cabbagetown, Reynoldstown, East Atlanta, Kirkwood, Oakhurst, Medlock, Fernbank, Castleberry Hill, East Lake, Georgia Tech, Georgia State, Atlanta lofts, Atlanta condos, Atlanta luxury condos, Atlanta townhouses


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