What’s new in the Smyrna Vinings home market? In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

I know for all those trying to sell their home or thinking about selling, you may get excited when you see the improved numbers, but I do believe this is more of a cyclical reduction versus an actual improvement trend in the Smyrna Vinings market.

This past month in the Smyrna Vinings home market we saw a 8% decrease in active listings compared to last month and an improvement in the months of inventory to 10 months. We now have 690 active homes in Smyrna Vinings compared to 750 in November.

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. We’re starting to see many of these builders reduce price and increase incentives as a result. New construction in this price point include Morris Commons, Sherwood Forest, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After a decrease in condo listings last month, there was another decrease, but don’t get too excited. The Smyrna Vinings condo and townhome market, decreased by 26 units over last month, with a total of 408 units now on the market compared to 434 in November. Much like the home market, condo and townhome months of inventory has decreased further to 11.97 months.

Now let’s put some perspective on these numbers, first of all we’re looking for 6 months of inventory to be equally balanced between a buyer’s and a seller’s market. The reductions are largely cyclical. November, December and January typically show these sorts of reductions. In comparison to December 2006, we have a 23% increase in the amount of active homes listed in Smyrna Vinings and we’ve experienced a 35% increase in the months of inventory. On the Smyrna Vinings townhome and condo front, compared to last year, we have had a 19% increase in the amount of inventory and a 18% increase in months of inventory. Frankly, it’s amazing how quickly this market has deteriorated.

What to look for? As I continue to reiterate, the market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. In fact, under $400,000 in homes and under $300,000 in condos and townhomes continue to lead the local market in health.

However, now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesitate to contact us. The fallout from the liquidity crunch on the mortgage industry is still of effect. In fact, don’t be surprised to see further fallout in the mortgage industry. Also expect to see the inventory amounts continue to decrease at least through January. And of course, we are all anxiously awaiting spring in Atlanta to see if the homebuyers are ready to jump on all of these deals.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.

Ready for the latest in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

While the market has not worsened, it has for the most part remained consistent with last month’s data with slight improvement in both single family homes and townhomes and condos in the Smyrna Vinings real estate market.

This past month in the Smyrna Vinings home market we saw a 2% decrease in active listings compared to last month but the months of inventory remained at 10.63 months. We now have 750 active homes in Smyrna Vinings compared to 765 in October.

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Morris Commons, Sherwood Forest, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After a decrease in condo listings last month, there was another decrease, but don’t get too excited. The Smyrna Vinings condo and townhome market, however, decreased by only four units over last month, with a total of 434 units now on the market compared to 438 in October. Unlike the home market, condo and townhome months of inventory has decreased slightly to 12.92 months of inventory.

What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. In fact, under $400,000 in homes and under $300,000 in condos and townhomes continue to lead the local market in health.

However, now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us. The fallout from the liquidity crunch on the mortgage industry is still of effect. Also expect to see the inventory amounts continue to decrease through January, which is part of the normal annual cycle in the Atlanta real estate market, but I would not expect any significant improvement in the actual months of inventory.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.

This past month in the Smyrna Vinings home market we saw a 3% decrease in active listings compared to last month but a worsening in the months of inventory to 10.63 months. We now have 765 active homes in Smyrna Vinings compared to 788 in September.

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Morris Commons, Sherwood Forest, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After a decrease in condo listings last month, there was another decrease, but don’t get too excited. The Smyrna Vinings condo and townhome market, however, decreased by only one unit over last month, with a total of 438 units now on the market compared to 439 in September. However, much like the home market, condo and townhome months of inventory has increased further to 13.27 months.

What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. In fact, under $400,000 in homes and under $300,000 in condos and townhomes continue to lead the local market in health.

However, now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us. The fallout from the liquidity crunch on the mortgage industry is still of effect. Also expect to see the inventory amounts continue to decrease over the next couple months, but I would not expect an improvement in the actual months of inventory, rather it will probably worsen as sales typically slow going into the fall.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market. The good news is that it was really negligible.

This past month in the Smyrna Vinings home market we’ve seen only a 1% increase in active listings compared to last month and an actual improvement in the months of inventory to 10.09 months. We now have 788 active homes in Smyrna Vinings compared to 779 in August.

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Morris Commons, Sherwood Forest, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After a decrease in condo listings last month, there was 2% increase. The Smyrna Vinings condo and townhome market, however, increased by only nine units over last month, with a total of 439 units now on the market compared to 430 in August. This now puts the condo and townhome months of inventory up to 13.01 months.

What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. However, Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us. The fallout from the liquidity crunch on the mortgage industry is still of effect. Also expect to see the inventory amounts start to decrease going into the fall, but I would not expect an improvement in the actual months of inventory, rather it will probably worsen as sales typically slow going into the fall.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.

This past month in the Smyrna Vinings home market we’ve seen a 3% increase in active listings compared to last month which now brings the months of inventory to 10.67 months. We now have 779 active homes in Smyrna Vinings compared to 758 in June.

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After no increase in condo listings last month, there was 1% decrease. The Smyrna Vinings condo and townhome market decreased by only five units over last month, with a total of 430 units now on the market compared to 435 in July. This now puts the condo and townhome months of inventory up to 12.96 months. This is the first decrease in months of inventory for some time and it will be interesting to see if this is a minor dip or if we can start seeing some improvement.

What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. However, Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us. Of more importance is the impact of the mortgage industry as it faces significant liquidity issues and we’ll see numerous companies fade away.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.

AARP The Magazine has ranked Atlanta among the top five places in which to retire. Completing the top five are Beacon Hill in Boston; Chandler, Ariz.; Milwaukee, Wis.; and Portland, Ore. AARP The Magazine said its selections focus on livable community characteristics in each location including mass-transit systems so residents can drive less, expanded sidewalks to encourage walking, better health care, and a wide range of mixed use housing.

These qualities attract members of the 50-plus age group, a segment that spends more than $2.2 trillion on goods and services each year and is expected to grow in size by 32 percent in the next 15 years.

ATLANTA, GEORGIA
Lifestyle vibe: Sophisticated metropolis with Southern charm
Fitness fix: Full-service health clubs in downtown condos
Retirees love: Abundant volunteer and cultural opportunities
Retirees hate: Sticky southern summers
Median housing price: $171,800

Average temperature: 43°F (January) and 80°F (July)Donna Miller, 61, just loves urban life. “Cities are good for me,” says the retired librarian, who moved here from Old Greenwich, Connecticut, three years ago. “And Atlanta seemed perfect. It’s green, it’s pretty, and because it’s smaller than some cities, I thought I’d find it easier to insert myself into the community.” Best of all, Donna, a widow, has family here; a daughter and three grandchildren live in nearby Smyrna. So far, Atlanta has met all of Donna’s criteria for being a great place to live (and retire): she has made new friends, lives within easy walking distance of the High Museum of Art, where she is a docent, and is close to Emory University, where she also volunteers.

Such relocation success stories are the norm in Atlanta. In recent years it has been the fastest-growing metropolitan area in the country, adding more than 890,000 new residents between 2000 and 2006. Its rapid growth—kicked off by the 1996 Olympics—has transformed the city. “I like to tell people that I grew up in a small railroad town but that since the Olympics, I’ve been living in an international city,” says Wicke Chambers, an Atlantan and author of Celebrate Retirement (Winslow Press, 2005).

Atlanta is also an increasingly older city. The Atlanta Regional Commission says that from 2000 to 2005 the older-adult population grew by 30.6 percent, more than double the growth rate of the total population (13.7 percent), and that by 2030 one in five residents will be 60 or older.

Atlanta has worked hard to manage this growth. Since 64 percent of those 55-plus say they’d like to stay in their homes as long as possible, the city has invested considerable resources in its Easy Living Home program

In addition, Atlanta’s Livable Centers Initiative has invested more than $500 million to date to encourage the development of diverse housing types and pedestrian-friendly walkways. And the massive Atlantic Station project transformed 130 acres on the edge of downtown into a vibrant center with retail shops, restaurants, and housing for 10,000.

All of which makes the city increasingly attractive, not only to newcomers but to longtime residents as well. Greg Riggs, 59, former general counsel for Delta Airlines, and his wife, Kaye, 52, wondered if they should relocate after he retired—after all, their two girls were already in college. “We took about a year to think about it,” Greg recalls, “and we decided our lives were so rich here, it just didn’t make sense to go anywhere else.”

To see the entire article, go to http://www.aarpmagazine.org/lifestyle/best_places_2007.html

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.

This past month in the Smyrna Vinings home market we’ve seen a minimal 1% increase in active listings compared to last month which now brings the months of inventory to 10.36 months. We now have 758 active homes in Smyrna Vinings compared to 747 in June.

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After another big increase in condo listings last month, there was no . The Smyrna Vinings condo and townhome market increased by only one unit over last month, with a total of 435 units now on the market compared to 434 in June. This now puts the condo and townhome months of inventory up to 13.63 months. You may be wondering how the months of inventory jumped so much from last month with only one more active condo on the market. Well, it’s because fewer homes have sold in the last 12 month period, which causes the months of inventory to increase.

What to look for? The market, while overall doesn’t look that healthy, does have numerous patches of very healthy and vibrant segments. However, Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.

Atlanta Business Chronicle - 3:10 PM EDT Wednesday, July 18, 2007

Georgia’s annual sales tax holiday will be from Aug. 2 to midnight Aug. 5, according to the Georgia Department of Revenue.

During the tax-free period, Georgia consumers can buy certain clothing items, schools supplies, computers and computer accessories without paying state and local sales.

Clothing and footwear up to $100 per item are exempt, but there is no limit on how many pairs of shoes and clothing items an individual can buy. If the price of an article of clothing or pair of shoes exceeds $100, then the item will be taxed at its full retail price.

Clothing accessories, jewelry, handbags, umbrellas, eyewear, watches, watchbands and similar items are not exempt from sales tax during the tax-free period.

School supplies bought for classroom use or classroom related activities are exempt if they cost $20 or less per item. Included are pens, pencils, notebooks, paper, book bags, calculators, dictionaries, thesauruses, children’s books and books listed on approved school reading lists for pre-kindergarten through 12th grade. Sales tax will be due on the purchase of any single school supply item that exceeds $20.

Purchases of personal computers and accessories are exempt up to $1,500 per transaction. These items include monitors, personal computer base units, keyboards, handheld computers, monitors, printers, modems, non-recreational software and other peripheral devices.

Personal digital assistants are exempt unless they allow voice communication. Other items that are not exempt include regular cell phones, digital cameras, furniture and any systems, devices, software or peripherals designed or intended primarily for recreational use.

To see original article, go to http://www.bizjournals.com/atlanta/stories/2007/07/16/daily31.html?f=et50&ana=e_du

What’s new in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.

This past month in the Smyrna Vinings home market we’ve seen another 4% increase in active listings compared to last month which now brings the months of inventory to 10.04 months. We now have 747 active homes in Smyrna Vinings compared to 716 in May.

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After a pretty nasty increase in condo listings last month, it continued to worsen. The Smyrna Vinings condo and townhome market increased an additional 5% over last month, with a total of 434 units now on the market compared to 412 in May. This now puts the condo and townhome months of inventory up to 13.22 months. That’s right, now over an entire year worth of inventory.

What to look for? I keep telling you that we’re going to see the uptick in inventory and sure enough, it keeps going up along with months of inventory ratio. We will monitoring this closely over the next couple months. Now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesistate to contact us.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com.

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