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Market Conditions in Alpharetta : Real Estate Advice

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  • Local Info61
  • Home Buying133
  • Home Selling28
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Activity 19
 , Real Estate Pro in
Mon Apr 6, 2015
answered:
What is the address? Is it listed with a Realtor? Market is great in Alpharetta right now, so if you aren't getting any showings, it is probably priced too high.
0 votes 2 answers Share Flag
Janie Slater, Real Estate Pro in Roswell, GA
Tue Nov 4, 2014
Janie Slater answered:
Paddy, did you ever locate a home in the Summit Hill school district? I live in that district and my kids went there--one of the BEST in Atlanta! I just saw your question and wanted to follow-up. ... more
0 votes 2 answers Share Flag
suellencaire, Renter in Norcross, GA
Mon Jun 9, 2014
suellencaire asked:
This question was asked from http://www.trulia.com/rental/3157834343-11850-Windcreek-Overlook-Alpharetta-GA-30005
0 votes 0 Answers Share Flag
Tanya Ess-Yo…, Real Estate Pro in Marietta, GA
Thu May 29, 2014
Tanya Ess-Young answered:
Please contact listing agent Jessica Schulte
(404) 644-6364
0 votes 1 answer Share Flag
voice, Home Buyer in Canton, GA
Tue Jan 21, 2014
voice answered:
Hello,

Schools are so important I always recommend going to the "horses mouth" so to speak. The official information for any address or school location can always be found at the county's school district website:

Fulton County Schools Main Page:
http://www.fultonschools.org/en/

Fulton County School Locations:
http://www.fultonschools.org/en/schools/Lists/SchoolsLocation/Findschools.aspx#InplviewHashe845e93c-c30f-4d5a-85c8-5886ad6a8d18=FolderCTID%3D0x012001
(From main page top tab "Schools", then "Find a School"

Fulton County School Attendance Maps:
http://www.fultonschools.org/en/schools/pages/attendance-zone-maps.aspx
(From main page top tab "Schools", then "Attendance Zone Maps"

Happy Hunting!

Bruce - Berkshire Hathaway HomeServices GA Properties
... more
0 votes 3 answers Share Flag
Katherine Mo…, Real Estate Pro in Alpharetta, GA
Mon Aug 12, 2013
Katherine Morrison answered:
Try Working Solutions at 770-424-7749.

Best wishes,

Kathy

Katherine L. Morrison, CRS
Realtor/Owner
Team Realty Group
Alpharetta, GA
404-697-4626 (direct)
Kathy@chipandkathy.com ... more
0 votes 1 answer Share Flag
Fabiana Otra…, Home Buyer in Alpharetta, GA
Tue Jul 9, 2013
Fabiana Otranto answered:
No Rental for 4Br here in Alpharetta, Milton is under $2,300. I've been trying to find rentals for months..it's almost non existent..on top of the price, it's really hard to find rentals.
Unless you move into one of those Condo communities, which even those are 3Br/2BA is around $1,700. Hope it helped. Good luck
... more
0 votes 1 answer Share Flag
Wendy Harper, Real Estate Pro in Alpharetta, GA
Wed May 22, 2013
Wendy Harper answered:
Inventory is down and very low in 30009. Homes coming onto the market are moving in appoximatelly 40 days according to the FMLS statistics. So if you are looking for a home and find one you like: it's best to be prepared, have a copy of your credit report or pre-qualification letter ready to provide to your agent when making offers. You don't want to miss out on your dream home! ... more
0 votes 5 answers Share Flag
Michael Hamm…, Real Estate Pro in Suwanee, GA
Mon Mar 18, 2013
Michael Hammond answered:
There are seven Seventh-day Adventist Church within 9.5 miles of 3505 Newport Bay Drive in Alpharetta, Carol Henry. Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/

http://www.greatschools.org/
... more
0 votes 2 answers Share Flag
Mitch Falkin, Real Estate Pro in Alpharetta, GA
Wed Sep 23, 2009
Mitch Falkin answered:
Sk,

I own a couple of rental homes that I manage myself, and I really like being a landlord. Now would be an ideal time, as prices are down, and so are interest rates.

Here9;s my basic formula (and it's kind of conservative and boring): find an area that you think will appreciate over the next 10 years (I personally like the intown markets of Kirkwood and East Lake); start going to look at a lot of houses for sale in the area as well as houses in the area for rent; when you feel comfortable that you really know the market, you can then think about buying with enough of a down payment (at least 20%) that allows you to have a positive cash flow right from the start; manage the property yourself; keep the house in good condition and make repairs as soon as they are needed; then hold onto the house for at least 5 years. It helps to have a "go with the flow" temprament when meeting prospective tenants, figuring out repairs and contractors, and generally dealing with all the issues that come up with a rental (I had the copper piping stolen out of a house a year ago - that was really fun!). But in the long run, you want to buy at a good price, get decent tenants in to pay the mortgage, keep the house up, and let it appreciate as the market improves. There is no magic to it, and it does take some work and some time, but I find it rewarding to be a nice landlord that actually provides decent housing for people.

I'd be happy to talk to you more in-depth if you have questions - Good Luck! -Mitch Falkin, Associate Broker, RE/MAX Greater Atlanta (770) 330-2374.
... more
0 votes 2 answers Share Flag
davidwbrower,  in Woodstock, GA
Tue May 5, 2009
davidwbrower answered:
contact your tax assessor's office and request a review. those who are doing that are getting adjustments. but it isn't just going to happen on it's own. you'll have to take initiative. good luck. ... more
0 votes 1 answer Share Flag
Jeff  Anthony, Real Estate Pro in Kennesaw, GA
Fri Dec 5, 2008
Jeff Anthony answered:
David

Ive got a tool called Market Snapshot. I can input the zip code and it will give me several charts, one of them being DOM. Email me the zip code and Id be more than happy to send it over to you. Or Joshua's answer is good too if you have FMLS.

Thanks
Jeff
... more
0 votes 3 answers Share Flag
James Dudley, Real Estate Pro in Suwanee, GA
Thu Oct 9, 2008
James Dudley answered:
Lori,

I've been working with another client in this area who is looking for a foreclosure deal.

I can tell you that there are several foreclosure homes in your price range that are in good condition. These homes may be a good opportunity to not only find your perfect home, but to also get a great deal!

As Lee mentioned many things have changed in the last seven years. I would be happy to assist you with finding the right home for you and your family.

Just get in touch if you need some assistance.
... more
0 votes 5 answers Share Flag
Lee Adkins, Real Estate Pro in Roswell, GA
Mon Jun 9, 2008
Lee Adkins answered:
THis is a little bit older info, but here's what I found for Alpharetta home sales by month:

Alpharetta 2006 2007
January 121 132
February 137 177
March 216 222
April 209 202
May 283 239
June 297 282
July 295 246
August 284 201
September 192 134
October 176 N/A
November 167 N/A
December 191 N/A
... more
0 votes 3 answers Share Flag
Carlos Castro,  in 30004
Wed May 7, 2008
Carlos Castro answered:
Shakti,

Any agent can pull the tax records and get you that info. The price there is a bit higher than the surrounding neighborhoods of Chadbourne, Holleybrooke, and West Gate. The ammenities that are being planned, are nicer, so if you are into the swim/tennis lifestyle, might be worth your time. If you like that area, but don't care about the ammenities so much, I check out the new subdivision on James Rd right around the corner.

Do yourself a favor, don't go into a new home community without being represented by an agent. Builders pay the agent's commission, and most of the time they don't cut an agentless buyer a break anyway. It reduces the chances of someone making a chump out of you.

Good Luck,
Carlos
... more
0 votes 3 answers Share Flag
Rebecca Dami…, Real Estate Pro in Alpharetta, GA
Tue Apr 29, 2008
Rebecca Damiani answered:
Victor, good question! No crystal ball but if the bank owned properties inventories are reduced by 10% the
Market in inventory will see prices beginning to rise the third and fourth quarter of 2011. There are many
Excellent homes now to choose from and other options you have including lease purchase options. That way you have a chance to see more properties and make sure you like the home you are leaseing along with the
schools,nieghborghood etc.
We can lock-in a sales price based on the current or future market with an
option to complete purchase with in a
12 to 24 month time period. If you want to wait to lock in you offer just incase the market has not reached bottom in this market area. This may be the perfect answer for you.

I would e delighted to help you and
have exceptional experience in the
Alpharetta area as I have lived in the market area for over 20 years.

You can reach me at 770-616-2214 anytime to discuss further the choices. You have to insure a win!

Smart consumer!

I can help you make that happen!

Rebecca S.Damiani, CPM
Key Management & Consulting, Inc.
Rsdamiani@gmail.com
... more
0 votes 69 answers Share Flag
Melissa Morg…, Real Estate Pro in Atlanta, GA
Sun Mar 9, 2008
Melissa Morgan answered:
Hi Marty,
I just wanted to let you know that RealtyTrac is not necessarily always the most accurate search place either. I was looking for a specific property on realtytrac that I KNEW was a foreclosure and it did not register on their site until 3 weeks had passed.
I have found that it is currently more and more difficult to keep track of foreclosures for several reasons. First, an "announcement" of a pending foreclosure is just that, an announcement that one might be coming. If the owner is able to make good on the past due notes, the property does not foreclose, but may be counted as a foreclosure for up to 30 days. Second, a foreclosure must be advertised in the local paper for several weeks ( a total of 120 days) until it is eligible for a transfer of ownership, another reason numbers may end up skewed. And third, it is true that not all foreclosures are listed in the MLS systems accurately or before that 120 days is expired.
... more
0 votes 5 answers Share Flag
Deryk Harper, Real Estate Pro in Alpharetta, GA
Mon Dec 3, 2007
Deryk Harper answered:
Hi Derrik,
Never seen my name spelled that way before. :) We just sold a property in Sable Point this year. Idon't know of any issues with the neighborhood. About 150 homes... great neighborhood with huge lots in an affordable price range. Here is a link to recent activity in that neighborhood.

http://fmlslistings.marketlinx.com/SearchDetail/Scripts/PrtBuyFul/PrtBuyFul.asp?emailGUID=89c2b60b-d580-47d9-af80-8d97a9163248&AgentId=DEBBIEK

The average time on the market for sales in the last year is around 52 days with a strong 95% list price to sales price ratio. Compare that to all of 30004 zip, in the 300-400k price range, at 77 average days on market and that subdivision is selling better than average.

All days on market have increased as we hit the fall market so any S/D listings are taking longer on average to sell when compared to our summer market. Sable Pointe is still selling well and would make a great place to live. If you would like to talk more about this or other communities in the area just give us a call at 770-906-0317 or drop us an email at info@keylocationsforyou.com.
Happy Holidays,
Deryk Harper
Associate Broker

P.S. If you want I can give you the homeowner's name that we sold to and he can tell you what he thinks after living there 6 months. He would be happy to share with you.
... more
2 votes 4 answers Share Flag
J Lo, Home Buyer in California Glory, Br...
Thu Jul 5, 2007
J Lo answered:
"Softening" real estate market is relative to the buyer/seller. How much equity does a seller have in their home? How much buying power does a buyer have (debt to income ratio). What is your criteria? And where do you fall in this market?

Alpharetta, is a bustling community with high employment ratios, community programs, excellent schools, and it's "country" beautiful! What more can you ask? I see nothing "soft" in these facts alone.

However, if you are a seller and you've got some good positive equity in your home, dont break the rule - never "invest" more into your home than you can get out of it. This will keep your foundation strong and no softening will occur!

If you are a first time buyer - dont break the cardinal rule - keep your debt to income ratio satisfactory! Watch your backyard - or in the common vernacular - keep your credit score/history clean and it will take you far. Like a beautiful garden you will build a strong foundation in which to make your first purchase and strengthen your ability to move-up to the home of your dreams!

It can still happen - be patient, follow the rules, and you will reap the benefits! There is no time like the present if you are thinking of buying or selling.

Do you fit the criteria? Are you ready to jump? Give me a holler, we can make it happen now - this is YOUR market!
... more
1 vote 4 answers Share Flag
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Market Conditions in Alpharetta Zip Codes

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