My Midtown Mojo http://www.mymidtownmojo.com Midtown Atlanta Real Estate Intown Atlanta Real Estate "Can You Feel The Vibe?" Thu, 24 Jul 2014 01:44:38 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.3 Where Can I Buy Furniture for My Midtown Atlanta Condo | IKEA http://www.mymidtownmojo.com/can-buy-furniture-midtown-atlanta-condo-ikea http://www.mymidtownmojo.com/can-buy-furniture-midtown-atlanta-condo-ikea#respond Sun, 20 Jul 2014 14:59:21 +0000 http://www.mymidtownmojo.com/?p=9009 Where Can I Buy Furniture for My Midtown Atlanta Condo | IKEA Congratulations! You’ve closed on your new Midtown Atlanta condo, and you are moving in. As you moved out of that old rental apartment, you started to toss! I mean, I’ve got a new place! I want NEW stuff! I want it to be […]

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Where Can I Buy Furniture for My Midtown Atlanta Condo | IKEA

IKEA Atlanta at Atlantic StationCongratulations! You’ve closed on your new Midtown Atlanta condo, and you are moving in. As you moved out of that old rental apartment, you started to toss! I mean, I’ve got a new place! I want NEW stuff! I want it to be stylish and cool and you know….

Which probably means that old couch and maybe a recliner…they did not make the cut for the moving van! So now the question is, Where Can I Buy Furniture for My Midtown Atlanta Condo? We will look at numerous options in the Midtown area…and beyond. But let’s start with a close favorite….IKEA!  The Atlanta IKEA store is located alongside Atlantic Station off of 17th Street!

The IKEA concept comes from the idea of providing home furnishings that are affordable. If you’ve ever purchased anything at IKEA, you know the one way the keep costs down is to have you assemble the furniture yourself. Hence, you will see much of the items in big flat boxes. If the assembly gig is not for you, never fear. They now even have a service that will come and do the work at your condo for you!

IKEA AtlantaI’m not going to dish them, but I have purchased some items that did not hold up well, and others that are outstanding. My office desks/tables are all from IKEA! I once managed a corporate condo that was almost entirely furnished from IKEA…as you can see, it looked pretty nice!

But you can truly furnish your entire condo from this store! From silverware in the kitchen to towels in the bathroom, you can get most everything you need here. I’ve never purchased a bed from here, so I can’t speak for them. One thing I like about most of their furniture is its clean, simple lines. That big pillow sofa that your parents gave you may have fit in the apartment, but may not work well in your condo space. The furniture here is just designed to work well in the kind of space you get in a Midtown Atlanta condo!

If you are going to visit IKEA, here is the number one piece of advice I can give you….

DO NOT GO TO THE STORE ON A SATURDAY OR SUNDAY. EVER!

IKEA stores are known to draw from a wide geographic area. Look at this map of where stores are in relation to Atlanta…

IKEA STORES NEAR ATLANTA

 

The Atlanta store draws from Georgia, South Carolina, Alabama, Mississippi, and Tennessee! So it’s a weekend destination! The store will be crowed, the parking lot packed, and the lines…..UGH!

You live locally, so take advantage of evening visits! Walk the store, get your ideas and either buy them then, or make a return visit, but just NOT on Saturday or Sunday. If you have a weekday off, stop by the IKEA restaurant for a breakfast special to fuel you for the store.

Why? If you’ve never been to an IKEA, they are HUGE! But the store is well laid out with displays that lead you through all the parts of the home. Everything is labeled, and you find most of it in the IKEA Marketplace, on the lower level. Furniture is found in the self-service area past the Marketplace and before you check out.

IKEA Atlanta! A perfect answer to the question, Where Can I Buy Furniture for My Midtown Atlanta Condo?

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Pop Up Retail http://www.mymidtownmojo.com/pop-up-retail http://www.mymidtownmojo.com/pop-up-retail#respond Sat, 19 Jul 2014 20:44:19 +0000 http://www.mymidtownmojo.com/?p=9006

Source: atlantadowntown.com

There is still time today to check out the DowntownPopUpShops! 

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Source: atlantadowntown.com

There is still time today to check out the DowntownPopUpShops! 

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Do You Look at Your OWN For Sale Listing? http://www.mymidtownmojo.com/do-you-look-at-your-own-for-sale-listing http://www.mymidtownmojo.com/do-you-look-at-your-own-for-sale-listing#respond Wed, 16 Jul 2014 12:00:43 +0000 http://www.mymidtownmojo.com/?p=8994 That seems like a pretty obvious question, right? But do you? Do You Look at Your OWN Listing? You are selling the single biggest asset you own. (Most likely anyways!) You did your homework, and found agents on-line. Or maybe it was a recommendation from someone in the office. Or your gym. Nothing wrong with […]

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That seems like a pretty obvious question, right? But do you?

Do You Look at Your OWN Listing?

bad listing picturesYou are selling the single biggest asset you own. (Most likely anyways!)

You did your homework, and found agents on-line. Or maybe it was a recommendation from someone in the office. Or your gym. Nothing wrong with a referral if your friend was happy with them, right?

You (hopefully) met with at least a couple of them before you made your decision. The presented you a marketing plan, showed you some of their past sales and you said “Let’s Do This!”

But once you’ve signed your Listing Agreement, and the marketing of your home or condo begins, how much do you follow up on what your agent is doing? Or supposed to be doing?

The primary place your home or condo will be marketed is….well….where you are right this very moment. On the Internet. On your laptop, phone or tablet. This is most likely where it will be seen first. So, have you looked at your own listing to SEE how it is being marketed?

Many agents hire professional photographers to do the photographs for listings, and many do not. It’s not to say they HAVE to have a professional so this, if they know what they are doing. But do they? They may be very well versed in photography. And have the right equipment. I personally have a DSLR camera with a wide-angle lens (a MUST if you are trying to photograph a condo!) and my iPhone. Hey, you may think an iPhone is not professional, but you tell me.

Listing Pictures Blog July 2014

 

Which one of these photos I took was taken with the DSLR and which with my iPhone? Point being, both clear, crisp photos that would look great in the marketing of your Midtown Atlanta condo, especially Viewpoint Midtown, the building on the right.

But I am totally amazed at the photos I find on listings! These photos are being used by the Seller’s agent to market their home!!!

Bad Listing Photos July 2014

 

The left is a very blurry bathroom I found just this morning….the middle….a CAT? And the right….do the jeans and the guys come with the condo?

Do You Look at Your OWN For Sale Listing?

If not, maybe you should. And if your photos look like these three or the upside-down bar stools at the top, you better be asking your agent for some new photos. Or maybe be looking for a new agent.

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Brickworks Inman Park Loft For Sale | 2/2 $299,500 http://www.mymidtownmojo.com/brickworks-inman-park-loft-for-sale-22-299500 http://www.mymidtownmojo.com/brickworks-inman-park-loft-for-sale-22-299500#respond Sat, 12 Jul 2014 13:41:43 +0000 http://www.mymidtownmojo.com/?p=8990 Brickworks Inman Park Loft — Beltline Perfect Location! If you’ve been looking for the perfect Intown location, and wanting something that is not a traditional high-rise, you’ve found it! Check out this awesome 2-level loft, located just feet from the Beltline Trail, and walking distance to the new Krog Street Market, Inman Park and the […]

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Brickworks Inman Park Loft — Beltline Perfect Location!

Brickworks Inman ParkIf you’ve been looking for the perfect Intown location, and wanting something that is not a traditional high-rise, you’ve found it!

Check out this awesome 2-level loft, located just feet from the Beltline Trail, and walking distance to the new Krog Street Market, Inman Park and the Atlanta Streetcar! 

600 Brickworks Circle, Unit 6102, Atlanta, GA 30307 (MLS # 5305596)

(all data current as of 7/24/2014)
Price $290,000
Beds 2
Baths 2 full
Home size 1,274 sq ft
AWESOME, UPGRADED LOFT just feet from BELTLINE in HOT INMAN PARK! Walk to some of Atlanta's Best RESTAURANTS, SHOPS, PARKS, and the new KROG STREET MARKET! This 2-level LOFT features 20' ceilings, 18' Palladium Windows, MANCHURIAN WALNUT HARDWOODS throughout, Exposed Brick, HUGE WALK IN closet, DBL VANITIES, DBL SHOWER in Master Bath, Granite Counters, SS Appliances, FRONT and REAR PRIVATE ENTRIES! (2) Deeded Parking Spaces (one in the gated garage)! Superb MARY LIN SCHOOL District! Intimate Community of Only 52 homes has SWIMMING POOL!

Property Type(s): Condo

Last Updated 7/17/2014 Tract Brickworks
Year Built 2002 Community Atlanta North (23)
Garage Spaces n/a County Fulton
Total Parking n/a

Price History

Prior to Jul 1, '14 $319,000
Jul 1, '14 - Jul 13, '14 $299,500
Jul 13, '14 - Today $290,000

Schools

Elementary School Mary Lin
Jr. High School Inman
High School Grady

Additional Details

Initiation Fee 554 Lot 0
Annual Master Assoc. Fee 0 Monthly Assoc Fee 277

Features

Age Description Resale
Amenities "Near Beltline", Cable Tv Available, Homeowners Assoc, Public Trans., Swimming Pool, Walk to Marta, Walk to Shopping
Appliance Desc. Dishwasher, Elec Ovn/Rng/Ctop, Elec Water Heater, Energy Star appliances, Garbage Disposal, Microwave, Refrig Included
Architecture Contemporary
Basement Description Slab/None
Bedroom Description Oversized Master
Building Style Loft
Complex/Building Access Card/code access, Gated
Construction Desc. Brick & Frame
Cooling Description Central Electric
Dining Room Description Dining/Great Rm
Elementary School Mary Lin
Energy Features Thermal Pane Wdws
Exterior Prof Landscaping
Fireplace Features/Location None
Handicapped Desc. None
Heat Type Central System, Electric, Heat Pump
High School Grady
Home Warranty No
Interior 10 ft + Ceil Upper, 10 ft+ Ceil Lower, Cathedral Ceiling, Fire Sprinklers, Hardwood Floors, Priv Front Entry, Priv Rear Entry, Walk-In Closet(s)
Kitchen Features Cabinets Stain, Counter Top - Stone, Pantry - Walk-in, View To Fmly Rm
Lake Name NONE
Laundry Features/Location Kitchen
Master Bath Features Double Vanity, Sep His/Hers
Middle School Inman
Owner Financing ? No
Parking Desc. 2 Assigned, Covered, Parking Lot
Property Category Residential Attached
Roof Type Composition
Rooms Description Separate Lvng Rm
Special Circumstances None
SqFt Source Tax Record
Type Built As Condominium
Unit Faces East
Unit Levels Loft
Unit Location/Description End Unit, Stepless Entry

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

(view all details for MLS #5305596)

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How To Get Your Offer To Buy A Charlotte Home ACCEPTED http://www.mymidtownmojo.com/how-to-get-your-offer-to-buy-a-charlotte-home-accepted http://www.mymidtownmojo.com/how-to-get-your-offer-to-buy-a-charlotte-home-accepted#respond Thu, 03 Jul 2014 14:32:06 +0000 http://www.mymidtownmojo.com/?p=8987

How To Get Your Offer To Buy A Charlotte Home ACCEPTED - How to win the bidding war when buying Charlotte real estate.

Source: www.icharlotterealestate.com

Everything that Debe says here....applies to Midtown Atlanta! I've had buyers lose 2 homes before they finally got their "ducks in a row" and then we got them the home they wanted! 

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How To Get Your Offer To Buy A Charlotte Home ACCEPTED – How to win the bidding war when buying Charlotte real estate.

Source: www.icharlotterealestate.com

Everything that Debe says here….applies to Midtown Atlanta! I’ve had buyers lose 2 homes before they finally got their "ducks in a row" and then we got them the home they wanted! 

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Predicting Atlanta’s 2020 housing market – Atlanta Business Chronicle http://www.mymidtownmojo.com/predicting-atlantas-2020-housing-market-atlanta-business-chronicle http://www.mymidtownmojo.com/predicting-atlantas-2020-housing-market-atlanta-business-chronicle#respond Mon, 30 Jun 2014 11:34:56 +0000 http://www.mymidtownmojo.com/?p=8983 Thom Abbott's insight: A great article about what the future of real estate in Atlanta might look...in the year 2020....which is really just a short 6 years away!

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Source: m.bizjournals.com

A great article about what the future of real estate in Atlanta might look…in the year 2020….which is really just a short 6 years away! 

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Do You Know If Your HOA is Healthy? http://www.mymidtownmojo.com/know-hoa-healthy http://www.mymidtownmojo.com/know-hoa-healthy#respond Thu, 26 Jun 2014 02:24:22 +0000 http://www.mymidtownmojo.com/?p=8974 Healthy? What? Do I have to get a doctor for my Homeowners Association? Well the answer to that is….maybe. So what exactly do I mean by “Do You Know If Your HOA is Healthy?” Let’s approach this from the perspective that you own a condo and are going to place it on the market For […]

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HOAHealthy? What?

Do I have to get a doctor for my Homeowners Association? Well the answer to that is….maybe.

So what exactly do I mean by “Do You Know If Your HOA is Healthy?”

Let’s approach this from the perspective that you own a condo and are going to place it on the market For Sale. You probably never even give it a second thought as to what is currently happening with your homeowner’s association (HOA). Well, there are several things that can be going on, be they immediate, or long term that could dramatically affect the ability of a BUYER for your condo to get a mortgage. Let’s look at a few examples which seem to happen often.

  • Rentals Exceed Condo Docs or Lender Allowance — Now this one will vary from lender to lender as to how they address this situation. But, most likely, your condo (or townhome) community has a limit as to the number of rental homes they can have at any given time. This is usually outlined in your Declaration of Condominium under Leasing Guidelines. While most HOA’s manage this very well, it can be a problem. If there are to many rentals in your building, a Buyer may not be able to obtain a mortgage as the lender will consider the community “unstable” with not enough owner occupied homes.  Might be a question to ask your HOA Manager before you list your home!
  • Delinquent HOA Fees  — You may your monthly HOA fees on time…every month. So does everyone else, right? WRONG! And this is another issue that can affect a Buyer getting a mortgage in your building. If the HOA is not tight on collecting HOA fees, and there are to many homes that are delinquent in their payment, the lender may not approve the HOA. Many Midtown Atlanta condo buildings are able to control this by limiting, or even denying access to the limited common elements of the building, for which your HOA fee is used. But if not managed, it can be another obstacle for a Buyer and they may not get a loan to purchase your home. Might be a question to ask your HOA Manager before you list your home!
  • Percentage of Retail to Residential Space or Square Footage –  If you live in a larger building with many homes, this most likely will not be an issue. In fact, it only came up once for me in a smaller building in Downtown Atlanta. The lender looked at the percentage of the building that was commercial vs. residential, and it took some brow-beating and phone calls to get the HOA and building approved so my Buyer could close on the condo!
  • Money In Reserves –  The HOA must allocate a certain amount of your monthly HOA fee to go to the Reserve Fund. This money is held “in reserve” for future maintenance and repairs to the common areas of the building…everything from the pool table to the pool furniture needs to have an estimate life, and when it will be replaced. Most HOAs conduct a Reserve Study to make sure they have adequate funds, and are planning for the future. Again, most recently a small building (just 18 homes) had money in reserve, but their current year budget did NOT have ANY money going to reserves. Probably more of an accounting mistake…maybe, but it did require an emergency Board Meeting to produce a new budget and allocate money into the reserves for the lender to approve the HOA.
  • Special Assessments or Pending Special Assessments – Again, this can vary based on what the need for the special assessment is. But of concern can be how the assessment is being paid by residents and the amount of it. Some lenders again consider and HOA may be unstable if they are having to pass a large special assessment.

These are just a few of the HOA “land mines” that can be uncovered AFTER your home is Under Contract and the Buyer’s lender is working on the Underwriting portion of their loan. These could be some good questions to ask your HOA manager BEFORE you list your Midtown Atlanta condo For Sale.

 

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Georgia Tech Off Campus Housing | Cornerstone Village http://www.mymidtownmojo.com/georgia-tech-campus-housing-cornerstone-village http://www.mymidtownmojo.com/georgia-tech-campus-housing-cornerstone-village#respond Sat, 07 Jun 2014 01:32:57 +0000 http://www.mymidtownmojo.com/?p=8955 As a parent of a GATech student, you may be wondering about what the options are for Georgia Tech Off Campus Housing. An you may especially be wondering if purchasing a condo for your student is a wise decision. Hmmm…. Georgia Tech Off Campus Housing | Cornerstone Village Cornerstone Village is the best, and most […]

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As a parent of a GATech student, you may be wondering about what the options are for Georgia Tech Off Campus Housing.

An you may especially be wondering if purchasing a condo for your student is a wise decision. Hmmm….

Georgia Tech Off Campus Housing | Cornerstone Village

Condo Map Cornerstone Village

Cornerstone Village is the best, and most affordable location for parents looking to purchase a condo for their son or daughter to live in while attending Georgia Tech. It’s an easy walk to Tech Square (where the Business School is) or access further onto the main campus (across the Downtown Connector) can be done by walking, or taking the Tech Trolley or Stinger Bus.

And if you are wondering how prices are doing at Cornerstone Village, just look at past sales prices for two-bedroom homes. In 2012, a 2 bedroom condo sold for $173,500. In 2014, just two years later, a similar floor plan sold for $193,500.  A $20,000 increase in prices in just two years! Will that trend continue? Most likely with the limited inventory available in Midtown Atlanta in general, and certainly at Cornerstone Village.

As a comparison of what you might pay, step into the next block and look at Spire Midtown Atlanta where 2 bedroom homes are selling around $340,000.

If you are thinking long term investment (like renting the condo when your student is finished) just know that the wait list to get a leasing permit (you have to have an HOA approved leasing permit to lease almost ANY condo) at Cornerstone Village is right around 5 years. So, if you purchased now for your incoming Freshman, or even Sophmore, and they finish up in 4 years (or and extended plan of longer) then you might clear that waiting list. Now you in turn, can rent your condo out to other GATech parents that were not able to purchase when you did, but are still looking for that Georgia Tech Off Campus Housing.

Buying a 2 bedroom gives your son/daughter the option to have a room-mate (or 2) to help with the overall costs of the condo.

Buying a Midtown Atlanta condo as an option for your student to live in Georgia Tech Off Campus Housing is worth of consideration. Just look at this great new listing for a 2 bedroom that just came on the market. Perfect timing for the upcoming Fall Semester, don’t you think?

We're sorry, but it seems that we're having some problems loading MLS # 5299548 from our database. Please check back soon.

 

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Atlanta Streets Alive Comes to Midtown Sunday, May 18, 2014 2-6pm http://www.mymidtownmojo.com/atlanta-streets-alive-comes-midtown-sunday-may-18-2014-2-6pm http://www.mymidtownmojo.com/atlanta-streets-alive-comes-midtown-sunday-may-18-2014-2-6pm#respond Thu, 15 May 2014 18:14:23 +0000 http://www.mymidtownmojo.com/?p=8933 It’s not every day that you see streets in Atlanta not filled with the ever present automobile. Unless you live in a neighborhood like Midtown Atlanta, it’s pretty hard NOT to have a car and get around. But, we are making strides in getting the urban core of Atlanta to be more transit-oriented, as well […]

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Midtown Atlanta Streets Alive May 18 2014It’s not every day that you see streets in Atlanta not filled with the ever present automobile. Unless you live in a neighborhood like Midtown Atlanta, it’s pretty hard NOT to have a car and get around.

But, we are making strides in getting the urban core of Atlanta to be more transit-oriented, as well as even more walkable. So, what better way to get you into the streets, than to CLOSE THE STREET TO AUTOMOBILE TRAFFIC!

 

Atlanta Streets Alive Comes to Midtown

Sunday, May 18, 2014 2-6pm

This Sunday, May 18, 2014 from 2-6pm, Peachtree Street will be closed from 17th Street to Martin Luther King, Jr. Drive in Downtown Atlanta. Yes, Peachtree Street will be free of cars and you can walk right down the middle to your hearts content!

Activities will be varied from zumba classes to fashion shows and more! Or you might find a choice spot in a sidewalk cafe and just watch the people while you enjoy lunch and your favorite beverage (I’m thinking you might find me at my fav…Gordon Biersch Midtown!)

For more information, here is the flyer from Midtown Alliance! 

And here is the Map. Never fear, the yellow dots indicate where automobiles WILL be able to CROSS Peachtree Street, but not travel North and South!

Peachtree Streets Alive May 18 2014

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Should I Buy A Midtown Atlanta Condo Now….Or Wait? http://www.mymidtownmojo.com/buy-midtown-atlanta-condo-now-wait http://www.mymidtownmojo.com/buy-midtown-atlanta-condo-now-wait#respond Wed, 14 May 2014 02:08:14 +0000 http://www.mymidtownmojo.com/?p=8930 As a real estate professional, I’m asked….almost daily…about the real estate market. What’s going on, what’s happening, and the often big question….Should I Buy A Midtown Atlanta Condo Now…or Wait? Well, let’s take a look at the numbers from the latest Corelogic Case-Shiller Indexes…. The Atlanta Business Chronicle reported: Metro Atlanta’s housing market continued to […]

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2013 Real Estate PricesAs a real estate professional, I’m asked….almost daily…about the real estate market. What’s going on, what’s happening, and the often big question….Should I Buy A Midtown Atlanta Condo Now…or Wait?

Well, let’s take a look at the numbers from the latest Corelogic Case-Shiller Indexes….

The Atlanta Business Chronicle reported:

Metro Atlanta’s housing market continued to rebound at the end of 2013, posting double-digit growth, according to the CoreLogic Case-Shiller Indexes.

The area’s house prices jumped 17.8 percent in the fourth quarter of 2013, compared with the fourth quarter of 2012. CoreLogic also predicts metro Atlanta’s home prices will increase 2.9 percent in the fourth quarter of 2014.

National home prices rose 11.3 percent in the fourth quarter, compared with the fourth quarter of 2012. Home prices nationwide were 20 percent above the trough reached in the fourth quarter of 2011, but remained 21 percent below the peak reached in the first quarter of 2006.

“Limited construction of new homes and low inventories of existing homes for sale contributed to the jump in prices,” saidDavid Stiff, principal economist for CoreLogic Case-Shiller. “Developers remain cautious about building too many new houses until they see stronger demand in their markets.”

So, if a Midtown Atlanta condo was priced at $150,000 in the third quarter of 2013, a 17.8 percent increase would be a $26,700 price increase compared to the end of 2012.

Really?

Well, no, not really. This is a perfect example of the ever so famous real estate phrase, “location, location, location.” Every area of a city is its own little world. Midtown is not Buckhead, is not Sandy Spring is not Roswell is not Alpharetta. So, what happens in Alpharetta is not the same as what happens in Midtown. We have to look at these numbers on a more local level.

Have prices gone up in Midtown? Yes, they have….yes they are. Maybe not a full 17.8 percent, but just look at our March Midtown Atlanta Market Report and you can see how prices jumped in various Midtown Atlanta Condo buildings!

You can always wait to buy real estate. It just might  will cost you more!

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