by Parker

IS ATLANTA A GOOD PLACE TO LIVE? LIVING IN ATLANTA PROS AND CONS

 

So is Atlanta a good place to live? Well I think so! We’re going to talk about the pros and cons of living in Atlanta.

Number one- Atlantans are friendly! You may feel a little awkward the first time a complete stranger smiles at you and waves at you, but that’s how it is here. It’s a very friendly environment, and people are genuinely curious about who you are and where you’re from and your life story.

Your neighbors will invite you over for dinner. It may seem a little strange at first how friendly people are, but you’ll get used to it pretty quick.

Pro number two: Atlanta’s cost of living. Atlanta has a much lower cost of living than many other metropolitan areas around the United States. If you go to Nerd Wallet’s cost of living calculator, you can put in your current city and income and see how it compares with Atlanta. In this case I’m checking out Los Angeles, and you can see that Atlanta is 30 percent less expensive and housing in particular is 56 percent less expensive in Atlanta.

Nerd Wallet’s cost of living calculator is a great tool if you’re interested in comparing your current situation with what life would be like if you move to Atlanta.

Pro number three:  travel.  Atlanta is a great place to live if you love to travel! Most Atlantans probably take it for granted, but we’re spoiled by having one of the busiest airports in the United States and you can get to almost any place in the world non-stop from Atlanta’s international airport. Add to that you’re less than two hours from the lovely Blue Ridge mountains in North Georgia, or you can hop in the car and head down to the Atlantic Ocean, and you’ll be on the beach in less than five hours!

Pro number four:  job opportunities. If you’re looking for great job opportunities, Atlanta is the home to many fortune 500 companies, including Coca-Cola, Delta Airlines, Home Depot and UPS.  Atlanta has also become a center for high-tech investment from companies like Microsoft and Google. Georgia Tech has a small business incubator which has done a tremendous job bringing high-tech industries to Atlanta.

You may not realize this, but so many films and television shows are produced in Georgia that is now called the Hollywood of the South. Every week when I’m driving around town, I see film production sets film and tv production.

In Atlanta healthcare is also big business. In fact, four of our top ten employers in Atlanta are in the healthcare sector. Right now all of these hospitals are aggressively recruiting doctors and nurses and they’re paying big signing bonuses. So, if you’re looking for great job opportunities Atlanta is the place to be.

Pro number five:  the weather! The weather here is really enjoyable – for most of the year it gets a hot in July and August, and gets a little cold in January. But for most of the year, the weather’s pretty fantastic. It’s very easy to get outside and do outdoor activities pretty much year round.

Pro number six:  there’s lots of things to do in Atlanta.  As I said the great weather makes it very easy to get outside and enjoy yourself whether you like hiking, biking, tennis, golf.  You can do those activities pretty much year round. The Chattahoochee River is a great recreational resource. We love to go tubing there every summer, and one of our other favorite things to do is to visit what we call dog island, where all the dog owners bring their pups to splash around and play in the river.

If you’re a gardening aficionado, you’re going to love the Atlanta Botanical Gardens.  They have an indoor rain forest, an orchid house, they have a chef’s kitchen, an edible garden and a children’s garden. They have sculptures made out of plants –  it’s really a wonderful place. If you’re into gardening and you’re into plants you’ve got to go to the Atlanta Botanical Gardens.

If you’d like to stay busy, whether you like professional sports leagues, sports, the opera, art museums, art festivals, the symphony, swimming, fishing, music and small clubs or large arenas, Atlanta is filled with great cultural activities. Add to that thousands of restaurants serving every kind of cuisine imaginable and I promise you you will not be hungry or bored living in Atlanta.

And finally pro number seven:  the green space. One thing you’ll notice when you see images of Georgia is that there are trees everywhere. Atlanta is a big city in an enormous forest and the city hasn’t scared off the wildlife. My backyard is like a nature special on PBS there’s bunny rabbits and foxes possums and dozens of birds including hawks and falcons – which is why we have the Atlanta hawks and the Atlanta falcons. The trees give us some great colors in the fall.

So now let’s talk about our cons. Fortunately there aren’t many cons to living in Atlanta, but I’m going to go ahead and give them to you here.

Con number one the traffic. Atlanta is notorious for having some of the worst traffic in the United States. I always tell people if you’re moving to Atlanta you really need to get a home close to where you work. I will say one thing that has improved traffic in Atlanta is the new work from home paradigm it’s really taken a good chunk of cars off the road and I think it’s made a big improvement and hopefully it will continue. But again if you’re moving to Atlanta the number one thing you can do to improve your quality of life is to live reasonably close to where you work.

Con number two: lack of mass transit. This goes hand in hand with Atlanta’s traffic problems. Atlanta’s mass transit system is called MARTA and to be honest it kind of sucks. Unfortunately MARTA wasn’t very well designed to begin with-  it uses a very large rail which requires excessively large stations unlike the lighter platforms that you see in Chicago and New York City. It also doesn’t cover much area, in fact many of the stations on the north side you actually have to drive to get to the station, which kind of defeats the point of mass transit. Atlanta is very spread out geographically and MARTA just doesn’t cover much area. So if you’re planning on making a move to Atlanta and you’re thinking you want to use mass transit, you really need to do your homework and make sure it’s going to be a viable solution for you.

Con number three:  the rain. As nice as the weather is most of the year, sometimes it can start raining and you honestly wonder if it’s ever going to stop. Atlanta actually gets much more rain than even a notoriously rainy city like Seattle. Seattle for instance averages 38 inches of rain every year Atlanta actually averages 50 inches of rain. The difference is in Seattle, it’s rainy and drizzly all the time. In Atlanta the thunderstorms pop up and you get these incredible downpours. I can’t tell you how many times i’ve been on the highway and had to pull off because I just simply couldn’t see 10 feet in front of my car because of all the rain.

I hope this gives you a little bit more insight what it’s like to live in Atlanta. It’s a lovely town – friendly people, great cultural activities, so much to do, wonderful weather. It’s just a terrific all-around place to live.

in Uncategorized
 by Parker

ATLANTA GEORGIA REAL ESTATE – SEPTEMBER 2021 ATLANTA REAL ESTATE NEWS

https://youtu.be/s2aI5YeFqS8

 

Hey, this is Parker, your favorite Atlanta REALTOR. It has been a very busy few weeks for me in Atlanta, and we are definitely overdue for a new video! So, I wanted to share some quick on the ground updates about what’s going on in the Atlanta market right now. Let’s get going!

The last few weeks, I’ve had a bunch of buyers in town, and I have been all over Atlanta looking at houses. Everywhere from Midtown all the way up to Milton, Roswell, Sandy Springs, Alpharetta, and Lawrenceville. I’ve been everywhere – I can tell you right now, there are so many houses on the market in Atlanta, that have been waiting for a buyer. These are houses that have been on the market three, four, five weeks, and they’re just waiting for a good buyer. These are houses that last spring would have sold in one weekend with multiple offers. Now they’re on the market for a month, generating one offer!

So things have softened up considerably here. I’m definitely not going to say that it’s a buyer’s market by any stretch of the imagination, but it feels very balanced right now, and things are operating at a much more normal pace. So, for example, I was out with clients last week –  we were looking in town, looking at city of Decatur, and we looked at five houses, and actually came away with three really good choices that were priced very reasonably – three excellent options out of five houses that we looked at. It’s very surprising, I mean it’s probably been 17 or 18 months since I’ve seen that kind of availability, and I’m seeing this trend everywhere. It’s not just in town, like I said, Sandy Springs, Roswell, Alpharetta, Lawrenceville – it’s everywhere!

So, if you got totally spooked by all the panic buying last spring, I can assure you that is over. It’s a much more normal market now. It’s brisk, it’s very busy, but it’s not out of control – like roller coaster careening down the tracks wheels about to fall off kind of insanity, which is what it was like in the spring.

So if you’re thinking of making the move to Atlanta, now is an excellent time to be looking. I always encourage people to look in the fall – it’s an excellent time to go out and pick up some bargains. If you’re in the market, as always my phone number is down below. Feel free to give me a call, and we’ll have some more video content out later this week – thanks!

in News / Uncategorized
 by Parker

BUYING A HOUSE IN ATLANTA? ATLANTA HOUSING MARKET 2021 – ATLANTA REAL ESTATE NEWS SUMMER 2021

BUYING A HOUSE IN ATLANTA? ATLANTA HOUSING MARKET 2021 – ATLANTA REAL ESTATE NEWS SUMMER 2021

 

Hey, this is Parker, your favorite Atlanta REALTOR, and I’m back with a quick update on the Atlanta housing market for August 2021. Let’s get going! Things are really starting to settle down here – there’s more inventory coming on to the market, and I expect to see more as we get into the fall, and people settle into their normal routines. I’ve got a couple of listings coming up – things are looking pretty good!

Buyer demand has also dropped in the last two months. It’s fairly normal for demand to fall in Atlanta during the summer, but what I think more importantly has happened, is that all of that excess demand – sort of the panic buying caused by Covid – has just kind of fizzled out. Houses are staying on the market longer, with fewer multiple offer situations, and a lot of the houses my team members have sold recently have just gotten one single offer. One good offer is all you need!

I’m also detecting some buyer pushback after the big run up in prices. You know, buyers have access to all of the pricing information, and if they go onto a listing, and they see that – okay, the owner just bought this house in 2019, and now it’s on the market for $250,000 more than they paid for it less than two years ago, it kind of leaves a bad taste in their mouth, and frankly, if buyers look at a house, and it the pricing just looks opportunistic, kind of like make me move type pricing, they just won’t even bother to look at it.

I’m also detecting a very slight downward price correction. We’ll obviously have to wait a couple of months to see what the true numbers are, but it feels like that’s what’s happening. If you’re in the under $300,000 first time home buyer bracket, you’re really still facing some challenges in the Atlanta market, especially if you want to live in town or somewhere inside the perimeter. But, it’s not nearly as desperate as it was just four months ago. Once you get into the $500,000 plus bracket, things are a lot more normal. Houses are sitting on the market, fewer multiple offer situations. Sometimes as I said – just a single offer to sell the house. It’s a much more normal market pace, and frankly, it’s a lot more pleasurable to work like this!

So, what does this all mean if you’re a buyer? To sum it all up:  it means you have more choices and there’s less pressure to make a snap decision on a house. It’s not like you’re walking into a house thinking oh there’s 20 other people that are trying to get this house how am i going to get it? It’s a much calmer pace in the market and frankly it works better for all parties concerned, especially if you’re a buyer. So again, if you’re interested in moving to Atlanta, please look in the box down below get my phone number send me an email I’d love to talk to you thanks!

in News / Uncategorized
 by Parker

BEST STATE TO RETIRE 2021???? WHAT IS ONE OF THE BEST STATES TO RETIRE TAX WISE? MOVING TO GEORGIA.

Hey, this is Parker your favorite Atlanta realtor! If you’ve considered moving to Georgia to retire, well there’s great news! Bankrate.com has just chosen Georgia as its best state to retire to in the year 2021. So, why is Georgia such a great place to retire? Give me three minutes and I’ll tell you why!

For starters, homes are still very affordable in Georgia, and in terms of cost of living, Georgia actually has the sixth lowest cost of living of any state. Georgia’s cost of living index, which covers groceries, housing, utilities, transportation and health care is 89.2. For comparison, California has the highest cost of living index in the continental U.S. at 151.

Georgia also has a very low personal income tax rate, although it’s not quite as low as our neighbors to the north in Tennessee and to the south in Florida. If you’re over 62, Georgia also exempts social security income and pension payments from income tax, so that lightens the tax burden even more. Many of our counties exempt people over 65 from the educational portion of their property tax bill, which is obviously the largest chunk of your property taxes. So, you’re getting a very nice discount not only on your income taxes, but also on your property taxes.

One of my favorite things about the state of Georgia, and something that will surely appeal to any retiree is the incredibly broad range of geography we have in the state. In North Georgia, we have the cool beautiful Blue Ridge Mountains, with hundreds of waterfalls and endless hiking trails, and in the southeast part of the state, we have Savannah, Georgia – one of the crown jewels of American cities, and some of the loveliest coastlines anywhere along the Atlantic coast.

if you’d like to find out more about the North Georgia mountains and the Georgia coast check out my video here. If you love lake life, Georgia is a great place to be, and we currently have over 7,000 miles of lakefront shoreline. So, if you’ve dreamed of retiring and living on the lake, Georgia is where you want to be!

Now, while our biggest cities Atlanta, Augusta and Savannah have steadily gotten more expensive over the last 10 years, they’re still very affordable relative to most major metropolitan areas around the country. If you’re interested in a small farm or a parcel of land, you can find these you know 45 minutes to an hour from all of our biggest cities and pick it up for peanuts.

So, you can buy a home, you can buy a farm, you can buy some acreage and stay very close to your kids, stay close to your grandkids. In fact, many of the people i’ve worked with over the past couple of years have been what we call trailing grandparents. There are people who are moving to Georgia to stay close to their kids and their grandkids. So it’s a very nice trend to see, and i’m sure if that’s what’s on your mind you’re gonna love it! So, if you’re thinking about making the move to the state of Georgia to be close to the kids or the grandkids or maybe to get away from the kids and the grandkids, feel free to reach out to me give me a call i’d love to talk to you thanks!

 

in Uncategorized
 by Parker

ATLANTA HOUSING MARKET 2021 – ATLANTA REAL ESTATE NEWS SUMMER 2021

Hey this is Parker Smith – your favorite Atlanta realtor!

Here’s a quick Atlanta real estate market update for July 2021. I had a feeling at the end of May, beginning of June that the market was starting to loosen up a little bit. Additional inventory was coming on to the market, and indeed when i reviewed the numbers for June inventory was up 14. That’s huge!

So what does that mean for buyers? It means that the inventory crisis, which has been going on for over a year, has started to abate. And, this is very good news for buyers! Let’s take a quick look at some maps here that are going to illustrate this for you. This first map shows a two mile radius in North Decatur, a very popular in-town neighborhood, and this is the total number of houses that have sold in the last six months:  323. These are closed listings done deals –  323 houses.

What’s interesting is that today in the middle of July, there are almost 80 houses on the market in that exact same area. Let me show you – you can see on this map there’s almost 80 listings on the market, and what this means is that today alone, there is 25 of the total inventory that was available in the first half of the year on the market right now looking for a buyer. That’s a significant improvement. Here’s one more map that shows pending sales. These are homes that have cleared their due diligence, and are set to close typically in the next few weeks. This is another 60 houses, so if you add that to the 80 active listings, we get about 44 percent of the previous six months total either active or ready to close.

This is an incredible turnaround for the Atlanta real estate market, and it’s made things much more balanced for buyers. Homes are staying on the market longer with fewer bidding wars. I don’t want to say that the inventory problems are over because they certainly aren’t, but the end of covid has definitely made people a lot more comfortable having their house on the market, having strangers walking through their house.

It looks like prices are starting to stabilize, businesses are relocating their employees again, so all of this is a very positive development if you’re a buyer, and frankly it’s a positive development if you’re a seller as well. So if you were considering a move to Atlanta, but were frightened off by all the negative talk about the Atlanta market, I think you can put your fears to rest. Things are definitely getting back to normal, and it’s very nice to see kind of after the last year of total madness. As always, if you’re thinking about making the move to Atlanta please give me a call my number’s in the box below love to talk to you thanks!

in Uncategorized