See on Scoop.it – Midtown Atlanta Conversations and Condos
It’s a stat that should surprise absolutely no one. More than half of all electric vehicles in the U.S. are silently running around five major cities.
An exact reason why recent development presented to the Midtown Alliance were told “You need to do more that put in the infrastructure for charging stations…you need to install charging stations.”
See on www.wired.com
As we complete our review of the Top Ten Selling Midtown Atlanta condo buildings, it comes as no surprise as to who (or what) was the top selling building….1010 Midtown!
Considering that 1010 was the only “new construction” building left to buy in Midtown Atlanta, you could say the deck was stacked in their favor! When the market took a nose-dive in 2008-2009, the developers of this building had the deep pockets to just sit on their inventory….and wait. They made only slight reductions in the prices, but otherwise, they just took the “we’ll wait for the rebound” attitude. So, when the market DID rebound in 2012 and 2013, there was but one building to go to for a condo in Midtown if you wanted it brand new.
Needless to say, it is going to be really interesting in 2014 to see who comes out on top, considering the building is now sold out!
But let’s take a look at the sales in 1010 Midtown Atlanta:
In 2013, this building topped the list with 73…yes, SEVENTY-THREE homes sold! This compares to 46 sold in 2012 (it was the #1 for 2012 as well) and 27 in 2011.
1010 Midtown is the center of the 12th & Midtown development. There is the new 77 12th apartment building located behind the building at the corner of Crescent Avenue and 12th Streets. Across Peachtree Street is the Loews’ Atlanta Hotel, and 1075 Peachtree, the office building.
The developers have announced another apartment building next to 7712th at 11th and Crescent Avenue. And, another building is proposed for their now vacant lot at Peachtree, between 12th and 13th Streets. It is calling for 50 stories and will be a combination of apartments and condos. We’ve heard selling prices will start at $800,000! Yikes!
As a real estate broker, I’m always asked, “How’s the real estate market?” To which I reply, “It’s moving.”
Perfect case in point…we listed this stunning 2 bedroom home at MidCity Lofts on December 11th, 2013. It was Under Contract on January 2, 2014 and closed on February 20, 2014.
So, what does that mean to the Midtown Atlanta condo Seller AND Buyer? Simply put, priced right, your home will sell!
One of the biggest challenges we face when discussing marketing strategy and our marketing plan with potential sellers is….PRICE! Of course, every Seller wants the most money that can get for their condo or house. But by pricing your home to high, you are either chasing off potential Buyers who’s savvy agent knows the home is overpriced and does not bother to show it, or you my languish on the market and miss those critical first week to 10 days worth of showings.
Certainly, every selling situation is different. Prices in Midtown Atlanta condominium buildings can vary greatly. Perhaps another Seller had done some modifications to make their home different than others. Location (floor) and view can be another huge factor in your selling price. And there can be specific floor plans that can be harder to sell than others.
If you are considering selling your Midtown Atlanta condo, I’d be happy to meet with you and discuss the market, and how to help you get the top dollar you want, but also get you moving on to your next new home adventure!
See on Scoop.it – Georgia Tech News Events
Images flashed across 10 screens on the front wall.
There’s video of street action both in and around Georgia Tech’s campus. Take a look over there and you’ll see people walking along Fowler Street. Another screen shows action at the intersection of 10th Street and Hemphill Avenue.
Although the room feels like an air traffic control center, it’s really an enhanced operation center at the Georgia Tech Police Department (GTPD).
“The department installed 26 cameras along the major arteries leading into campus. This creates a video fence around the perimeter of campus and allows for a broader view of what’s going on in real-time, Deputy Chief Rob Connolly said.
“This is just another tool for us to keep the campus safe,” Connolly said.
In deciding where to place the cameras, GTPD reviewed prior incidents and access points to determine which locations would have the most impact. The department already has the ability to patrol more than 600 fixed building cameras scattered around campus.”
See on www.ecnmag.com
See on Scoop.it – Georgia Tech News Events
U.S. News and World Report has named Georgia Tech one of the top 10 engineering schools in the country.
Top TEN Engineering Schools! Way to go GATech!
See on www.ajc.com
Park Central Condominiums are located on Juniper and 13th Streets. This Midtown Atlanta condominium building has a great location, convenient to Piedmont Park, Colony Square and the Woodruff Arts Center.
Park Central is also one of only TWO Midtown Atlanta condominium buildings that boasts and INDOOR and outdoor pool! So during this tough winter, if you were a swimmer you were in luck here!
For the year ending, 2013, Park Central was #3 in the Top Ten Selling Midtown Atlanta Condos!
In 2013, Park Central had a total of 43 homes sold. This compares to just 29 homes in 2012!
Park Central also offers its residents an expansive fitness center, club room and a rooftop sunning area along with outdoor grills at the pool. There is guest parking available in the building garage, which in this area, close to Piedmont Park and additional condo and apartment buildings is a real PLUS!
A side note about this building and the future. The west facing homes (overlooking Juniper Street) also overlook a vacant city block. The developers of 12th and Midtown have just announced the next phase of their development, and it will be a 50 story building on this block! So the current views from these homes will be greatly impacted in the next couple years.
