Atlanta home sales were unchanged in October as the local housing market continued to its unpredictable pattern in 2017. After 20 consecutive months of year-over-year increases prior to 2017, home sales this year have been up in five months, down in four months, and unchanged in one month. The one constant in the market has been…
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Site work has commenced on Bramley Park in the hugely popular Village Park area of Brookhaven. The 23-unit townhome community will be comprised of four residential buildings surrounding a central park. The location lends itself to buyers who are interested in a live-work-play lifestyle because of its proximity to the upscale restaurants, the Dresden MARTA rail…
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Two powerful real estate organizations are fighting the latest version of the tax reform bill in Congress. Both the National Association of Home Builders and the National Association of Realtors say reducing the mortgage amount eligible for the mortgage tax deduction from $1 million to $500,000 could do serious harm to the real estate industry….
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While flooding from hurricanes and tropical storms may seem like a far away thing, Atlanta experienced catastrophic flooding not too long ago. In September 2009, the Atlanta area had what the U.S. Geological Survey called a “once in 500 years flood.” More than 20 inches of rain fell in a 24-hour period and 20,000 homes,…
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In its September issue, Money Magazine reported that U.S. millionaires hold just 6% of their wealth in investment real estate but 44% in equities. With the stock market at a record high, is it time for the wealthy to shift more assets into real estate? Since the peak of housing prices before the Great Recession…
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The bids are in and Amazon will reveal its choice for a second world headquarters in 2018. The winning city will enjoy the spoils of 50,000 new jobs averaging $100,000 a year in annual compensation along with all the residual economic benefits those jobs afford. The first jobs won’t arrive until 2019 though, and the vast…
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Recently a Zillow representative visited Beacham & Company and declared, “the Zestimate will never be accurate.” Oh, how we know this! Part of the reason why Zestimates are not accurate is that they can sometimes very easily be manipulated. This can be a useful skill if your home is undervalued by Zillow especially relative to…
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The fall market began before fall even started this year for Beacham & Company, REALTORS. The number of sales and dollar volume sold by the firm’s agents was up 25% in September, making it the best September ever in the history of the 11 year-old company and keeping it on track for another record sales…
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ATLANTA — A Dutch Colonial estate at 3359 Woodhaven Road in Buckhead’s exclusive Tuxedo Park neighborhood sold quietly on Aug. 29 for $4.6 million. The five-bedroom, seven bath mansion on one acre was purchased in 2014 and renovated top-to-bottom. Nicholas Brown of Beacham & Company, REALTORS represented the buyer who was not disclosed. The home,…
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SANDY SPRINGS, Ga. — Beacham & Company REALTORS and Sheehan Built Homes are proud to announce that construction of The Ten at Lake Forrest is now underway at the corner of Lake Forrest Drive and Hammond Drive. Sandy Springs’ prominent luxury town home development where residents can select custom finishes, The Ten at Lake Forrest,…
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