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Atlanta Condos For Sale

athenahealth to Create 500 new jobs at Ponce City Market in Midtown Atlanta

June 24, 2013 by Thom Abbott

athenahealth signs at Ponce City MarketATLANTA (AP) — A health care information technology company is planning to create 500 jobs in Atlanta, officials announced Monday.

Georgia Gov. Nathan Deal said athenahealth is making a $10.8 investment as part of its expansion and plans to occupy 75,000 square feet of Ponce City Market in Midtown Atlanta.

The Watertown, Mass.-based company is the first major office tenant to announce development plans at Ponce City Market — a mixed-use space formerly known as City Hall East.

Founded in 1997, athenahealth specializes in managing cloud-based electronic health records, practice management and care coordination. The company works with more than 40,000 clients across the country and was named by Forbes as one of the country’s 25 fastest-growing technology companies.

The company currently employs more than 140 people in the greater Atlanta suburb of Alpharetta and plans to move those employees to its Atlanta location. The company plans to hire the new employees within the next five years.

“Ponce City Market offers athenahealth everything we could ask for in an office space as we deepen our roots in Atlanta and presents us with the opportunity to provide a daily environment that lives up to the work-life aspirations of our company,” athenahealth CEOJonathan Bush said in a statement. “With hundreds more future athenistas to hire, we believe Ponce City Market will help us attract the best talent metro Atlanta has to offer.”

athenahealth employees that are relocating to the Midtown Atlanta area will have some great living opportunities In Midtown Atlanta and the surrounding area. From high-rise condominiums to bungalows in Virginia-Highlands, homes range from new and modern to classic and historic.

We look forward to welcoming the employees of athenahealth to Midtown Atlanta!  If you are looking for a place to call home after work at Ponce City Market, give me a call! I’d be delighted to show you the neighborhood!

The map below shows the location of Ponce City Market in Midtown Atlanta.

Ponce City Market Map

Filed Under: Blog, Midtown Restaurants and Business Tagged With: Intown Atlanta Real Estate, Midtown Atlanta Business, midtown atlanta real estate

Millennials or Generation Y and Midtown Atlanta

June 17, 2013 by Thom Abbott

Midtown Atlanta and Generation YI don’t think it’s a secret in many major cities in the U.S….people would much rather have a 10 minute drive to work than an hour drive each way. But such is the price that many pay to live in the suburbs, have the “McMansion” large home, big yard, 2-3 car garage and good schools for their kids. But don’t think for a moment that Mom or Dad would not prefer to have a shorter commute.

The same may not be so true for the Millennials or Generation Y…those born from 1977-1994. Many having not decided yet if they are going to have children are looking at their living options in a different light.

In an article in today’s New York Times, titled Home Loans for Millennials,  raises some interesting points and questions about the future of the housing market, and where people will choose to live. (Gosh, I even posted on my Facebook wall an article about China and how they are forcing their population into dense urban areas)

Millennials or Generation Y and Midtown Atlanta

“The next generation of potential home buyers prefer to live in developments with an array of housing types close to shops and mass transit, a recent survey shows. Is this bad news for the baby boomers who will eventually be looking to sell their big suburban houses?” the article says.

How will these people shape the Atlanta real estate market? Where are the areas with development with an array of housing types close to shops and mass transit? Well we all know that mass transit is a lack-luster event in Atlanta. But at least we have great communities like Midtown Atlanta and Midtown West that offer multi-family housing options (i.e. condominiums and apartments) as well as surrounding areas like Morningside and Virginia Highlands for single family home options.

“The institute recently released the results of a survey showing the generation’s penchant for urban-style living. About 60 percent say they prefer a mix of housing choices, along with proximity to shops, dining, offices and transit. Seventy-five percent said they valued walkability — a preference that jibes with this generation’s declining number of licensed drivers, according to a report by U.S. Pirg, a nonprofit consumer advocacy group.

Of the 63 percent who said they planned to move within the next five years, nearly 40 percent expect to live in some type of multifamily housing.”

Millennials and Midtown AtlantaCertainly, Midtown Atlanta is one of, if not the most walkable communities in Atlanta. While we work to build a better retail component in the area, certainly restaurants, entertainment, farmer’s markets and more make it a desirable area to live, and perhaps work, depending on your profession.

The NYTimes article and the study done by the Urban Land Institute’s Terwilliger Center For Housing also said that more than half of the young adults surveyed by the institute are renting, but they haven’t given up on the American dream. In fact, nearly 70 percent said they expected to buy within five years.

If you want to experience the sights and sounds and excitement of the urban lifestyle of Midtown Atlanta, give me a call at 770-713-1505, email me at Info@MyMidtownMojo.com, or if you are ready to start your home search, give me some information and we’ll get the search started.

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Filed Under: Blog, Buyers Tagged With: Buyers, Midtown Atlanta Condominiums, midtown atlanta real estate

What They’re Watching on the Roof

June 16, 2013 by Thom Abbott

See on Scoop.it – Midtown Atlanta Conversations and Condos
Condo Rooftop Amenities

Luxury apartment buildings are rolling out movie projectors and popcorn makers this summer to keep residents entertained.

 

Thom Abbott‘s insight:

Hey Midtown Atlanta condominum HOA’s and apartment communities…what do YOU do for your resident’s entertainment??

See on www.nytimes.com

Filed Under: Blog, Condominiums of Midtown Tagged With: Intown Atlanta Real Estate, Midtown Atlanta Condominiums

Does Movie Production in Atlanta have “carte blanche?”

June 14, 2013 by Thom Abbott

Movie Filming AtlantaUnless you’ve been hiding under a rock as of recent, there is a pretty big new industry in Georgia, and the metro Atlanta. Call it “Hollywood South” or whatever, the movie industry is making a huge impact in the Atlanta area….and some seem to question if it’s all good or not…..

The Atlanta City Council is attempting to create an Atlanta Film Office within the Mayor’s office to help with the permitting process and all for the large number of film projects that are happening here…and are sure to grow even larger as two new massive movie production facilities are proposed, or under construction in the Atlanta area.

Here is a link to the story in the Atlanta Business Chronicle. (Note: if not a subscriber to the newspaper, you may not be able to read the entire story…I’ve posted the text to it below.

I have a business associate that has just returned from Los Angeles….a city where the movie industry is a common as….a Waffle House restaurant in Georgia! And LA is taking note of the amount of work that is leaving Los Angeles and coming to Atlanta and Georgia!  As with any new industry, there can be “growing pains” But having worked on numerous movie sets, I’ve always seen these production companies come in and set up, and clear out when they are done.  Do they block streets? Yes. Do they have big production trucks? Yes. Do they bring revenue into the city and state? YES! Are they giving work to local people, from actors to carpenters? YES!

I think we should not “cut our nose off to spite our face” when we look at the impact of this industry, both on the neighborhoods where they film, but on the economic impact they are having.

 

“I-75 Movie Interruption OK’d by DOT —By Carla Caldwell

The film crew that obstructed Interstate 75 off and on for about four hours Wednesday did so with the informal approval of theGeorgia Department of Transportation. Such disruptions are raising questions about how much power the state’s growing movie industry should have to affect daily life for residents.

A DOT spokeswoman says no permit was required Wednesday when crews used I-75 in Bartow County to film scenes for “Need for Speed,” because traffic was “paced” and never fully blocked, reports Atlanta Business Chronicle broadcast partnerWXIA-TV. Motorists said they were delayed for as long as 35 minutes, the station reported.

WXIA says that while Georgia is becoming accustomed to the movie industry’s occasional interruptions of daily life, this delay stood out. It happened on an interstate highway that carries more than ten thousand vehicles per hour through Atlanta, according to federal highway data. And, it overlapped with the fringe of Atlanta’s afternoon rush hour.

A state DOT statement says, “We realize that some motorists were impacted yesterday by delays from the traffic pacing.” It says the state is developing a “framework for a statewide policy on how best to accommodate the film industry with the least impact to motorists.”

Governor Nathan Deal said filming interruptions are a balancing act — and Wednesday’s shoot, a potential learning experience. Deal stressed that Georgia has benefited from its film-friendliness.

Meanwhile, down the road in Atlanta on Wednesday, a group of Atlanta residents criticized a proposal to create a city of Atlanta film office.

Several members of the Atlanta City Council introduced an ordinance in May to establish an agency inside the mayor’s office to help movie and TV producers get the building permits and traffic approvals needed to film in Atlanta.

 During a public hearing Wednesday, several city residents complained the ordinance doesn’t offer enough protection to homeowners and businesses disturbed by filmmaking crews.

“The film industry seems to have carte blanche to come in and run all night,” said Dick Nicholson, a resident of Midtown Atlanta and chairman of his condominium association’s external affairs committee. (NOTE: I think that should be Nick Nicholson)

Councilwoman Felicia Moore said she has heard similar objections from people in her council district and that a work session would be held soon to further examine residents’ concerns.

 

Filed Under: Blog, Condominiums of Midtown

What is a Lockbox? |Midtown Atlanta Real Estate Questions

June 12, 2013 by Thom Abbott

 

Midtown Atlanta Lockbox KeyMy parents sold real estate in the early 1990’s in a small town in Montana. Like… BEFORE there was the Internet!! I once asked my Mom how they got access to homes as I know they did not use a lockbox. She said some sellers would simply leave their homes open when you scheduled an appointment and she could come by and show the home to her potential buyers. Or she’d have to drive to the listing office to get a key, and have to return it later that day or the next.  As you can imagine, “back then” and in a small town, security issues were not what they are today.  Today’s Midtown Atlanta real estate agent uses a lockbox to gain access to your home or condominium.

Lockbox History

In Midtown Atlanta condos for sale, lockboxes hold the key and possibly an access FOB to the amenities of the building. They are either on the door handle of the condo, or may be kept at the Concierge desk.  If you have a single family home, the lockbox might be hanging on the door handle, porch railing or maybe the porch swing!  Lockboxes were first introduced in the 1970’s and Midtown Atlanta real estate agents had a square “key” that opened them. As with everything, technology has brought great advancements in lockbox technology and they are now electronic.   They are still opened with a “key” but can now be operated from many of today’s smart phones.

Midtown Atlanta real estate lockboxesThis electronic lockbox is an incredible tool for both YOU and your agent:

  • Your Midtown Atlanta Real Estate agent gets an alert when the key to your home has been accessed. It provides the name, phone number and email address of the showing agent
  • Provide the buyer’s agent with extra information about the home, including instructions from the homeowner, such as “Don’t Feed the Dog.”
  • Allows your Midtown Atlanta listing agent to set time parameters on when the lockbox can be accessed by others.  (I typically keep mine set for access from 9 a.m. to 9 p.m. with showing instructions that I’m to be called first, so I can in turn alert you of an upcoming showing.)

Why You Should Use a Lockbox

Midtown Atlanta Condos for sale that use a lockbox are pretty much the norm. You can arrange for a key release to be left with the Concierge, but by doing so, you and your Midtown Atlanta real estate agent miss out on the important information from the Buyer’s agent I mentioned above. I provide lockboxes for all my Sellers as part of our marketing services.

How Do I Get A LockBox For MY Midtown Atlanta Condo?

If you’re thinking of selling your Midtown Atlanta condo  with a real estate agent that has your safety and convenience in mind, give me a call at (770) 713-1505 or email me at Info@MyMidtownMojo.com. I look forward to hearing from you!

Filed Under: Blog, Real Estate Tips, Sellers Tagged With: Intown Atlanta Real Estate, Midtown Atlanta Condominiums, Seller Tips, Sellers

3-Month SOLD Properties in Midtown Atlanta GA

June 9, 2013 by Thom Abbott

3-Month SOLD Properties in Midtown Atlanta GA Including Condos, Townhomes and Single Family Homes

On almost a daily basis, I’m asked, “How’s the Midtown Atlanta real estate market?” It might be in a casual conversation over cocktails, or it may be part of a listing appointment with a prospective Seller.

In the three month period of March-June, 2013, here’s what’s happened.

Condominiums/Townhomes — 2013 vs. 2012

MIDTOWN CONDO SALES MARCH JUNE 2013

 

 

 

 

 

 

In the time period for 2013, the sales ranged from a low of $39,000 at Melrose Park to a high of $1.38M at 1010 Midtown Atlanta.

In the time period for 2012, the sales ranged from a low of $34,000 at Terraces at Argonne to a high of  $825,000 at Aqua Midtown.

Single Family Homes — 2013 vs. 2012

MIDTOWN SINGLE FAMILY HOME SALES MARCH JUNE 2013

 

 

 

 

 

 

 

In the time period for 2013, the sales ranged from a low of $250,000 on 7th Street to a high of $1.8M in Ansley Park.

In the time period for 2012, the sales ranged from a low of $252,000 on Elmwood to a high of $1.675M in Ansley Park.

Midtown Atlanta is divided by two Zip codes.  To Search for Homes and Condos in 30309 Zip Code, CLICK HERE

 

 

Filed Under: Blog, Buyers, Condominiums of Midtown, Sellers Tagged With: Midtown Atlanta Condominiums, Midtown Atlanta Market Reports, midtown atlanta real estate

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Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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