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878 Peachtree St. # 814 – Classic Loft in Midtown – $95,000

878 Peachtree St. # 814 – Classic Loft in Midtown – only $95,000 This classic NY style loft has great views, amenities galore, walkability and of course location, location, location!!!! Highly Desired Top Floor Unit Gorgeous Midtown Views Authentic NY Style Loft w/ High Ceilings & Exposed Ductwork Wall of Windows Offer Great Sunlight Open Kitchen w/ Breakfast Bar & Upgraded Lighting Pristine... [Read more about this property]

848 Sycamore Drive – 2 Bed/1 Bath – $249,000

This charming Decatur Heights 2 Bed/ 1 bath Cottage retains much of its historic charm: Classic fireplace & Mantle, Original Hardwoods, Picture Molding, Built-in Bookcase and more. Its large relaxing sunroom is a great place to enjoy the GA sunshine regardless of the weather or mosquitoes. It sits on an expansive lot which is over 255′ deep and features stone patio. The entire backyard... [Read more about this property]

311 Ridley Howard Court – 2 Bed/ 2 Bath – $174,000

This top floor condo located in the City of Decatur has 2 Bedrooms Suites. The suites have large bedrooms w/ closet space. The open kitchen features lovely stained cabinetry, a breakfast bar, pantry and a view to both the dining area and family room. The family room has a gas fireplace w/ mantle suitable for showcasing your finest artwork. The balcony w/ retractable, motorized awning, allows... [Read more about this property]

137 Lockwood Terrace – $339,000 – City of Decatur Listing

The home at 137 Lockwood Terrace feeds into acclaimed Winnona Park Elementary. http://winnonapark.csdecatur.net/. The City of Decatur has an independent school system in GA that is comprised entirely of GA Schools of Excellence. This home is a 3 bedroom/ 2 bath Southern gem with the ice tea front porch to prove it. You can walk to Downtown Decatur & the Avondale MARTA. It’s also a 5 min... [Read more about this property]

Could the Tax Credit Be Extended Again?

The pressure is increasing on Congress to renew the homebuyer tax credits for a third time. The first $7,500 tax credit was passed in 2008 and required first-time buyers to repay the credit over 15 years. A few months later in 2009, Congress expanded the credit to a maximum of $8,000 that didn’t have to be paid back. At the end of last year, Congress extended the benefit again until April 30 with... [Read more about this property]

IRS Clarifies What’s Needed to Claim Tax Credit

The Internal Revenue Service has clarified which documentation taxpayers need to submit to claim the first-time and move-up homebuyer tax credit. While the IRS is still requiring the filing of Form 5405, it is not demanding that all parties’ signatures be on the HUD-1 settlement document in areas where requiring both the buyer and the seller to sign the document isn’t common. The IRS clarification... [Read more about this property]

World’s Most Beautiful Cities

Choosing the world’s most beautiful cities is a subjective enterprise. To identify urban areas where the architecture and the locale are both stunning, Forbes magazine turned to world-renowned architects. Here are their top choices: • Paris • Vancouver, Canada • Sydney, Australia • Florence, Italy • Cape Town, South Africa • San Francisco • Chicago • ... [Read more about this property]

Shadow Inventory Unlikely to Hurt Market

Nearly 5 million houses and condos, of which the mortgages are delinquent, will go through foreclosure over the next few years, a new study by John Burns Real Estate Consulting Inc. concludes. This represents more than half of the 7.7 million households now behind on their mortgage payments. The situation is worst in Arizona, California, Florida, and Nevada. Burns calculates that there is an inventory... [Read more about this property]

Luxury Homes in Foreclosure Go to Auction

An increasing number of homes with multi-million dollar price tags are going into foreclosure and that’s driving desperate owners to sell at auction. In 2009, 18,817 properties worth at least $1 million faced foreclosure. That’s up 162 percent from 2008, reported foreclosure marketer RealtyTrac. Prices of $1 million-plus properties are down about 25 percent since 2007 with an increasing number... [Read more about this property]

Foreclosure Prevention Has Aided 116,000

The federal foreclosure prevention program has helped about 12 percent of borrowers who applied for help since the plans were announced a year ago, the Treasury Department says. About 1 million borrowers initiated the application process, and as of January, about 116,000 home owners–12 percent–had their loans modified. But administration officials say another 76,000 applications have been... [Read more about this property]

Top 5 Most Affordable U.S. Markets

How affordable or unaffordable is it to buy a home? Well, it depends heavily on the part of the country where the buyer chooses to live. Earning the U.S. median income of $64,000 a year is enough to allow buyers to purchase 70.8 percent of all homes sold in the country during the last three months of 2009, according to a joint report from the National Association of Home Builders and Wells Fargo. But... [Read more about this property]

‘Affordable’ Housing Less Attractive Now

Affordable housing projects all over the country have been a tough sell the last couple of years. Some of the reasons include hard-to-get mortgages and a dwindling difference in prices between affordable units and market-rate properties with no restrictions on resale. The problem is particularly acute in Far Rockaway, N.Y., where New York City housing officials and developers are frustrated by slow... [Read more about this property]

10 Home Features Buyers Want

Home designers and builders speaking at the recent International Builders Show in Las Vegas say that buyers are seeking cost-effective features and rejecting things that don’t have lasting value. “It’s all about family togetherness – casual living, entertaining and flexible spaces,” says Carol Lavender, president of the Lavender Design Group in San Antonio. Paul Cardis, CEO of Avid... [Read more about this property]

Home Price Reductions Level Off

The share of homes on the market with price reductions declined to an average of 21 percent as of Feb. 1, according to Trulia.com, which has been tracking the information since April 2009. This is a significant decrease compared to November 2009, when 26 percent of homes had at least one price reduction The total dollar amount cut from home prices dropped to $22.6 billion as of Feb. 1, down from $28.1... [Read more about this property]

Homebuyer Tax Credit Deadline Looming

The Homebuyer Tax Credit is set to expire this summer. The tax credit is available to both First-Time Homebuyers and Step-Up Homebuyers. The provision to make the tax credit eligible for Step-Up Homebuyers was added when the law was extended. There are some very important deadline dates that you should be aware of if you intend to take advantage of the Tax Credit. The first is April 30th, 2010.... [Read more about this property]