Bright Spots: Land, Apartments, Industrial
The coronavirus pandemic deepened its impact on sales and leasing transactions in the second quarter of 2020. Retail, hotel, and office properties were hit the hardest, while residential, industrial, and land assets were being only mildly impacted. These are some of the findings of the latest Commercial Real Estate Market Trends and Outlook, a quarterly […]
The Pandemic’s Effect on Land Development and Real Estate Investment
The coronavirus pandemic has had a deep impact on the world’s health and economic systems during the last several months. As a part of the economic reaction to this crisis, new trends are emerging for land development in both investment and process. COVID-19 has slowed the land development process for many local governments with staff […]
How to (Practically) Guarantee Your Home Has a Bidding War in 7 Steps
Atlanta’s 2020 residential real estate market perseveres as one of the most vibrant and competitive in the nation due to tight inventory and historically low interest rates. Savvy sellers are taking advantage of this time and getting more for their homes than ever before. But not all homes will enter into a coveted bidding war. […]
How To Crush It As A Buyer In A Seller’s Market
I’ve held a real estate license for 20 years and have never faced such a competitive seller’s market as the one in North Metro Atlanta right now due to the combination of historically low interest rates and tight inventory. We are seeing time and again ‘A+’ to ‘B+’ homes going under contract in as little […]
Third Quarter Results Show Mixed Results for Atlanta’s Commercial Real Estate Market
Metro Atlanta added approximately 24,200 new jobs in August according to the most recent jobs report from the Bureau of Labor Statistics. Currently, Atlanta has added back nearly 60% of the jobs lost during the initial pandemic shutdown. Local job gains have been largely reflective of the spread of the virus in the area with […]
The Unemployment Rate is Saving Forbearances
Forbearance housing market crash bros have a problem. Jobs are coming back faster than they thought. Back in April, when the COVID-19 data and unemployment numbers were at their worst, the housing bubble boys had a halfway legitimate 2020 housing market crash thesis. If unemployment rates had stayed between 20%-30%, the economic damage down to […]
A Strong Warning from Professional Realtors Why Now May NOT Be the Time to Buy a Home
Professional Realtors take their fiduciary responsibility to clients quite seriously and although seemingly counterintuitive, may strongly advise AGAINST buying or selling a home right now if certain criteria apply. This month The Meridian Real Estate Group will explore the TOP 5 reasons NOT to buy a home in today’s market. Do NOT buy if: 1) […]
Atlanta’s Commercial Real Estate Market Outpaces Other US Metros Since Pandemic
The United States added 7.5 million jobs in May and June, which is about a third of the jobs that were lost in the previous 3 months during the initial phase of the global pandemic breakout and shutdown. Atlanta and the rest of the sunbelt metro areas outside of California have performed well in relation […]
Atlanta’s Industrial Market Remains Strong While Other Sectors Adapt To Overcome New Obstacles
Atlanta has quickly established itself as the tech hub of the Southeast with companies like Google, Microsoft, and Amazon planning to add many more jobs in the near future. The addition of these high-paying jobs from tech firms will continue to fuel demand for office space and high-end apartments. While the long term outlook remains […]
Americans Leave Large Cities for Suburban Areas and Rural Towns
A combination of the coronavirus pandemic, economic uncertainty, and social unrest is prompting waves of Americans to move from large cities and permanently relocate to more sparsely populated areas. The trend has been accelerated by technology and shifting attitudes that make it easier than ever to work remotely. Residents of all ages and incomes are […]
Forbearance Volume Falls For First Time Since COVID-19 Outbreak
Mortgage forbearance volumes fell between May 26 and June 6 – the first drop since the COVID-19 crisis began, according to a report by Black Knight. That means that servicers and mortgage investors may need to start shifting their focus from pipeline growth to pipeline management. Fortunately, most homeowners in forbearance have a reasonable amount […]
25 GENIUS MOVING TIPS FOR PERMANENT CHANGE-OF-STATION (PCS) MOVES
When you are moving or “PCS’ing”, everyone has learned that you contact the transportation office, check your documents and/or research the place you are going to live. What’s even better is knowing genius PCS moving tips so you can have a great move. Here are 25 of them. 1. Wait to start planning… no, really. Once […]