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Atlanta Condos For Sale

Palmer House Properties Named in Inc. Magazine’s Top 500 Fastest Growing Private Companies

August 23, 2011 by Thom Abbott

Inc.500Inc Magazine, one of the nation’s leading business magazines has named Palmer House Properties (where Thomas Ramon Realty is based) the 172nd fastest growing private company in the U.S. in the September, 2011 issue!

For more than 30 years, Inc’s list has served as evidence of the significant accomplishments of growing American enterprises. As an Inc. 500 honoree, Palmer House Properties (PHP) shares a prestigious pedigree with such notable alumni as Microsoft, Zappos and Clif Bar just to name a few.

The award is an example of the commitment to excellence that makes Palmer House Properties and Thomas Ramon Realty the perfect team. The hard work of the management team, staff and agents all combine to make PHP a leader in the Atlanta real estate market.

We are pleased to be affiliated with this organization. Give us a call and let us show you how we can help you buy or sell Midtown Atlanta real estate.

INC 500 Real Estate

Thom Abbott Midtown AtlantaFor More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

We specialize in Condominium homes in Midtown Atlanta and other In Town areas of Atlanta. If you are planning to Buy or Sell real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!

For a Quick Look at Midtown Atlanta Condominiums:

Midtown Atlanta High Rise Condominiums

Midtown Atlanta Mid Rise Condominiums

Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

 

Filed Under: Blog, DCG Featured Articles, Midtown Restaurants and Business Tagged With: midtown atlanta real estate, News

Atlanta Regional Transportation Project List Selected

August 16, 2011 by Thom Abbott

Light Rail TrainI’ve been watching this process with great interest. The Atlanta Regional Transporation Project List appeared on the front page of the Atlanta Journal-Constitution. The paper featured a week long series about the region and our dire need for a comprehensive transportation plan for the Metro Atlanta area. The city is far behind cities like Denver, Houston and Charlotte and could “choke” on its own growth if solutions are not found for the growing traffic problems we face.

The group consists of five mayors and county commissioners from across the Atlanta region, and agreed to a history making list of $6.14 billion list of of transportation projects. These projects would be paid for by a new 1 percent sales tax which voters will vote on next year.

The Atlanta Regional Transportation List:

  • Atlanta- Beltline, likely streetcars, consisting of several sections $602 million
  • Cherokee- Widening GA 140 (Hickory Flat Highway) $190 million
  • Clayton County- Turning Tara Boulevard into a “super arterial,” $130 million
  • Cobb County- Atlanta (Midtown) to Cumberland Mall area, possible light rail, $856.5 million
  • DeKalb County- Clifton Corridor MARTA route to Emory University, $700 million
  • Douglas County- Widening Lee Road/South Sweetwater Road from I-20 West to U.S. 78, $18.9 million
  • Fayette County- Widening GA 85 from Bernhard Road to Grady Avenue, $24million
  • Fulton County- Improvements for the interchange of I-285 at GA 400, $450 million
  • Gwinnett County- Sugarloaf Parkway Extension from GA 316 to GA 20 (Buford Drive) $296 million
  • Henry County – Widening North McDonough Road from Bill Gardner Parkway to Racetrack Road, $48 million
  • Rockdale County- Widening and improvements for Sigman Road from Lester Road to Dogwood Connector, $30 million

The challenge here lies in getting the REGION to understand we need to make improvements, and that this list is trying to “spread the wealth” around so that projects are not focused in any one specific part of the Metro Atlanta area. Most people can read this list and know what project might impact their commute the most, yet other people will have no earthly idea where Sigman Road or Tara Blvd may be.

Now will come the marketing and sales part to get the voters to understand the impact of approving, or more importantly, NOT approving these projects and the sales tax that will fund them.

2012 is going to be a very important year all the way around.

Filed Under: Blog, Midtown Atlanta News and Events Tagged With: atlanta traffic, midtown atlanta real estate, News

Hangin’ at The Cornerstone Pool!

July 3, 2011 by Thom Abbott

Imag0636
Thom Abbott, Broker On The MoveSent from Yahoo! Mail on Android

Filed Under: Midtown Photos, Random Topics Tagged With: Midtown Atlanta Condominiums, midtown atlanta real estate

City Hall East to Get New Life as Ponce City Market

July 1, 2011 by Thom Abbott

You’ve heard the saying, “music to my ears…” Well, this announcement is certainly one of them. An Atlanta landmark of sorts seems to be on the verge of a new life, and one that could be an amazing addition to the Midtown/Old Fourth Ward area. If it’s done right.

If you have ever been to New York City and visited the Chelsea Street Market….then you can certainly imagine MY excitement about this massive redevelopment of the old Sears Roebuck & Company building, also known as City Hall East.

City Hall East to Get New Life as Ponce City Market

Ponce City Market at City Hall EastJamestown and its subsidiary Green Street Properties are about to close on the purchase of this mammoth 2-million sq. ft building. A visit to the Jamestown Properties website would certainly make you think they are indeed the company with the vision and the money to make such a transition a reality. Indeed, it’s possible. If it’s done right.

Unveiled at the International Council of Shopping Centers convention in Las Vegas in May, plans call for some 236,000 square feet  of retail space and 21,000 square feet for restaurants.  These plans include a “food hall” that would become the focal point of the Ponce City Market.  So what could Midtown Atlanta residents hope for in the way of retail?

A look at the retail in Chelsea Market does not show any of those big box guys, but an eclectic mix of shops….just what the doctor ordered for the ailing retail segment of Midtown/Old Fourth Ward. I visited Chelsea Market when I was in New York City in December…it was awesome to say the least.

But, and there is always a but. Chelsea Market is in the heart of ultra density….Manhattan. City Hall East Let’s start calling it the new name, Ponce City Market sits on the edge of Midtown Atlanta and the edge of Old Fourth Ward. With the exception of a couple apartment buildings, it’s not at all a walkable destination for Midtown Atlanta condominium residents…or even Historic Midtown. (Can you say….CAR?) It does however, sit alongside the Beltline, a 22-mile loop of railroad tracks that are to be transformed into a transit/bike/walking ring around the city, connecting to multi-use developments….like Ponce City Market. The other “but” is the developer’s deep pockets. And that works two ways. One, they have the money to develop the Market, and sit on it. “But” they also have the money to help subsidize rents to get the place filled up, vibrant and happening, and then be able to move rents up, hopefully not running tenants out of business before they can become established.

Plans also call for office tenants that want true loft space for their offices. The building can offer up to 100,000 square foot plates for such, and also offer skyline views of Midtown and Downtown Atlanta.

I’ll be keeping a close eye on this one and let’s hope it’s a winner. No timeline for completion was listed in the information I found. Here is a photo I snapped while attending the dedication of the Historic Fourth Ward Park.  City Hall East a.k.a. Ponce City Market is the huge brick building to the right.

Ponce City Market and Historic Fourth Ward Park

 

Filed Under: Interesting Stories, Midtown Atlanta News and Events, Midtown Restaurants and Business Tagged With: Midtown Atlanta Business, midtown atlanta real estate, News

Finding The Best Buys In Midtown Atlanta Real Estate

May 30, 2011 by Thom Abbott

Finding the Best Buys in Today’s Midtown Atlanta Real Estate Market

Spire MidtownIt is still very much a Buyer’s market here in the Midtown Atlanta real estate market. What does that mean to a buyer? Well, it means you can get a good price on a Midtown Atlanta condo.  However, if you know what to look for, there are properties on which you can get a great price.

Here are three areas of the Midtown Atlanta Real Estate Market that generally offer the best prices:

 

  1. Homes that have been on the market for several weeks (or months!) – Have your real estate agent send you homes that have been on the market for several weeks or months. These property owners are generally more motivated to sell than the owners of newly listed homes. They’re more willing to negotiate for lower prices or even give you extras such as paying upfront HOA fees or paying a portion or all of your closing costs.
  2. Bank owned properties – Bank owned properties (also known as Real Estate Owned or REOs) are homes that go back to the mortgage company after an unsuccessful foreclosure auction. Like foreclosures, the savings can be well worth the extra time that it may take to get closed. Your Midtown Atlanta Real Estate agent can help you understand the pro’s and con’s with this type of purchase and guide you through the process.
  3. “As is” properties. A property listed “as is” means the seller is not willing, or possibly able, to fix anything and will not negotiate a price reduction based on needed repairs. However, if you’re willing to put some money and elbow grease into the property, this could be your opportunity to get more home, in a better location and at a price you can afford. Thankfully in the Midtown Atlanta Real Estate market, we find that many of the bank-owned or foreclosed properties are usually in good, if not GREAT condition. There may not be the need for any work, but the Seller is just letting you know that if you find any issues during your inspection, they won’t be paying for the repairs.

A word of caution to the Buyer of  a Midtown Atlanta Condo, especially foreclosures! Your competition (other Buyers) can see the values in some of the prices offered, and you may find yourself in a multiple-offer situation. Be prepared to sharpen your pencil on your offer, or even offer over the list price (provide it’s priced right and not OVER priced) if you really find a condo you want.

 

If you’d like help finding the best buys in today’s Midtown Atlanta Real Estate market, give me a call today or you can contact me here. I’d be happy to help you!

Filed Under: Atlanta Real Estate For Sale Or Rent, Blog, Buyers, Real Estate Tips Tagged With: Buyers, Midtown Atlanta Condominiums, midtown atlanta real estate

Steve Hoffacker's Sales Quips: Mass Transit Does Not Serve The Masses

May 29, 2011 by Thom Abbott

Mass Transit Buses
Can You Bus the Masses?

Yesterday, I wrote a post about the use of mass transit – buses specifically – and how the the Senate Banking Committee is being pressured to continue funding buses. The argument is that reducing funding would be detrimental to the national economy. The major impact would be on the the reduction in demand for the manufacture and sale of new buses.

I received a lot of great comments from yesterday’s post so I thought I would elaborate on the issue today.

Many people over the years have espoused bus transportation as the solution to air polution, vehicle trips, crowded streets, and many other issues.

However, buses cannot work as they are envisioned – just as most commuter trains cannot.

Say I live 8 miles from the Courthouse and I have a 9:00 appointment. The bus that serves my neighborhood comes at 7:30. The next bus comes at 8:30 but doesn’t get me there in time. So I to leave home nearly 2 hours before my appointment to use the bus. If I drove, I could leave 30-45 minutes before the meeting, depending on traffic.

Then, I need to return home or back to my office after an hour or two. I likely will have to wait for the next scheduled bus and could use up to another 90 minutes before arriving back at my local bus stop. Thus a one-two hour meeting could take nearly 6 hours counting bus travel. Not an efficient way to use one’s day.

If I have more than one stop in a day – which many of us do – buses don’t work because they either don’t go where we are going or don’t go when we need to be there. Then there’s always the issue of getting back again.

Making sales calls or showing homes obviously cannot be done by bus.

Since buses have such limited practical application – essentially taking people from outlying areas to the downtown in the morning and returning them at night – few cities and towns can take full advantage of buses unless nearly everyone works downtown and stays there all day.

Buses were a grand experiment that carried over from the streetcar days. They just haven’t worked and really can’t work outside the urban core. The ridership isn’t there, the routes can’t be there economically, and the schedules can’t be there due to manpower and vehicles.

Privatizing buses by useing mini-buses and vans might work on limited routes on a park and ride basis, but even that is doubtful because people will want to go when and where the buses don’t.

 

───

 

 

For more information on my coaching and educational programs and services, visit my website stevehoffacker.com, or go to my other bloghomesalesinsights.com for additional sales tips, insights, and commentary. Listen to my free podcast messages at Steve Hoffacker’s Happenings.

Steve Hoffacker – Consultant, Coach, Author, Blogger, Photographer, Motivator, Teacher, & Strategist – for Realtors, Real Estate Sales Professionals, Home Builders, New Home Salespeople, Entrepreneurs, Small Business Owners, and Independent Sales Representatives.

© Steve Hoffacker, 2011. All Rights Reserved.

 

via salesquips.com

I know Steve by way of a site where we share our blogging platforms. But this is probably the most common sense explanation of the use of buses or lack thereof I have ever read. Thanks Steve!

Filed Under: Interesting Stories, Random Topics Tagged With: midtown atlanta real estate, News, odds and ends

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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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