Archive for the ‘Downtown’ Category

Relocating to Atlanta?

Thursday, April 3rd, 2008

Relocating to Atlanta?Originally uploaded by The Hendriks Group The New York Times posted an article on a problem many homeowners are facing in our current economy. When meaningful employment is scarce in our community, in order to survive, people migrate to where they can find a job or is more affordable to ...

Bottoming Out?!?!

Monday, March 3rd, 2008

Originally uploaded by TheHendriksGroup In an article today in the Alanta Journal-Constitution was a prediction by "market experts" to a bottom to our current housing downturn. I may not be one of the noted experts that comntributed to this thesis, but I have a hard time finding the rational in such ...

Subprime Summation!

Saturday, February 23rd, 2008

I was at a party on Wednesday that included a group of brokers who specialize in "in-town" communities.We exchanged stories of our respective "war wounds" and found a united voice in blaming "sub-prime" loans. Although we were partying and being jovial, in truth, the market really has swung violently to the other side of the ...

No Money Down?

Thursday, February 21st, 2008

 In the current buyers market, there are a lot of buyers, Obviously. But what is the availability of the money(credit) for all the prospective buyers to take advantage of such an opportune time to buy a home? The current market is the perfect storm for buyers of low financing and lower ...

Foreign investment is strong.

Friday, February 15th, 2008

Originally uploaded by TheHendriksGroup Due to a weaker dollar and the hesitance of the local population, foreign buyers are buying our bargains in droves. At fire sale prices, overseas investors would be crazy not to take advantage of the economic cards they have been dealt. We see this cycle happen every so ...

All Real Estate is Local!!

Friday, February 15th, 2008

Even though we lump our national sales figures together for editorial impact, it remains a very segmented industry. Not even the different faces (residential, commercial, land, etc..) of real estate share similar demand curves, so how could we expect different cities with their individual strong points (location, ...

The Reverse Exodus Continues!

Wednesday, February 13th, 2008

Originally uploaded by TheHendriksGroup        I am often questioned about the current market for Real Estate in Atlanta and the metro area, It would seem people base their need to buy a property by the demand of others...Well if the herd is guiding your decision to purchase then you are already ...