Category: Company News

Errors, flawed data, and lawsuits part of Zillow track record

PHOTO CAPTION: Zillow CEO Spensor Rascoff purchased this Los Angeles home for $2.4 more than the Zestimate after selling his Seattle home for $650,000 less than the Zestimate – a more than $3 million difference in total value for both homes. Photo courtesy of The Agency and Curbed Los Angeles.   The data on Zillow’s…

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Atlanta real estate closings rebound in May as home prices continue to soar

Sales of Atlanta residential real estate rebounded a bit in May as the number of homes sold in the five-county metropolitan area rose 1.3% last month compared to May 2016. The modest increase follows two other months this year (February and April) when the Atlanta market experienced declines after two years of positive year-over-year comparisons…

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Beacham sets all-time monthly sales record in May; third time in 2017

Above: This home on Dellwood Drive in the Haynes Manor neighborhood of Buckhead sold last month – part of another record year for Beacham & Company in 2017. The home was on the market for $1.195 million. In May, Beacham & Company set an all-time sales record for number of sales in a month, while dollar…

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Every day is Mother’s Day at Beacham & Company

PHOTO CAPTION: The mothers and daughters of Beacham & Company, from left, (front row) Kristen Sodemann (mom Ruth Skogstad not pictured), Georgia Hart, Jan Hart, Glennis Beacham, Blayne Beacham Macauley, Elise Lowe Baumann, Janey Lowe, Nicole Farmer, Rachel Farmer, (middle row) Shelley Sloan, Lynn Sloan, Charlotte Perry, Douglas Perry, (top row) Gail McCown, Claire McCown, Melissa…

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Buckhead real estate market uneven due to various inventory pressures

The number of homes sold in Buckhead declined 6.1% last year as affordable condos and single family detached homes (those priced less than $700,000) were either nonexistent or in less than desirable condition. Sales of homes priced $1 million or more were also a drag on the market, with value relative to asking prices acting…

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Economist paints rosy picture for 2017

Beacham & Company participated in the annual conference for Leading Real Estate Companies of the World (LeadingRE) at the Fontainebleau Hotel in March. The conference and its participants represented 25 percent of all real estate business done in the United States in 2016. Among the conference’s many nationally known speakers was Marci Rossell, formally chief…

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Spring 2017 issue of The Beacham Series published

The Spring 2017 issue of Atlanta’s premier real estate magazine, The Beacham Series, recently published featuring 5525 Long Island Drive on the cover. The issue marks the beginning of the magazine’s eleventh year in print. The cover home was originally designed by Keith Summerour and built in 2000 by Benecki Homes. Part of a 1.6-acre…

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Why some Millennials are missing out on the real estate boom and what they can do to change it

We love Millennials. So many of them are smart, sociable, passionate, eager to try new things, and want to be challenged/inspired by their work. It’s a fun generation! Unfortunately, the Millennial generation is trailing previous generations in first-time home ownership rates (near a 30-year low according to NAR). In many ways, this is understandable considering many…

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2016 was the year of the ‘value buyer’; builders expected to be big winners in ’17

Last year (2016) was the best year for Atlanta residential real estate hom e sales and prices ever, beating the previous marks set for both in 2015. However, the pace of growth moderated as the year progressed with election hysteria, a slowing economy, and insufficient inventory below $1 million putting pressure on market performance. One…

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Beacham celebrates 10th anniversary, record sales

Beacham & Company, REALTORS recently celebrated its 10th anniversary and another record sales year with a gala at one of Buckhead’s hottest party venues, The Stave Room at American Spirit Works. More than 250 revelers danced to the sounds of Atlanta’s hottest party band, Papa Sol. The short video above features sights and sounds from the…

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