You are currently browsing the monthly archive for March, 2007.
This SuccessCast is an excerpt of TSTN’s (The Success Training Network) dynamic programming. The Real Estate Guys is a fun and quirky show in which real estate guru Robert Helms and financial strategist Russell Gray break down the elements of real estate in a non-traditional way. Robert and Russ explain the differences between cash flow and equity, achieving profitable property management and bigger deals for bigger dollars. The guys show you that real estate is tangible, safe, stable, affordable, understandable, controllable, and most importantly, can make you very wealthy.
Excerpt taken from GlobeSt.com on March 2, 2007
A joint venture of locally bases Kairos Development and New York City-based Real Estate Capital Partners is developing the $51 million, 71-unit Astoria at the Aramore Condominium project at 2277 Peachtree Rd. The project will include 28,000 square feet of office space and 5,700 square feet of street-level retail space. The project is the third and final phase of the Aramore residential complex located in the Peachtree Battle neighborhood. Earlier phases were completed in 2003 through 2004 and included 124 residential units with 18,000 square feet of street-level retail. Units average 2,000 square feet and are being sold for an average of $750,000. Construction is expected to begin in early March with Batson-Cook as the general contractor. Project completion is anticipated in spring 2008. “The project sits on the border of Buckhead and Midtown so the location is excellent,” says one source close to the project.
Excerpt taken from Inman News
Better economic conditions in February boosted consumer confidence to its highest level since August 2001, the Conference Board reported recently.
Lynn Franco, director of The Conference Board Consumer Research Center, said the combination of “improving present-day business conditions” and less difficulty finding jobs helped to lift consumers’ spirits.
The consumer confidence index climbed to 112.5 in February form 110.2 in January, as the number of consumers claiming business conditions are “good” rose and the number of those saying conditions are “bad” fell.
The outlook for the labor market was upbeat, with just 14.1 percent of consumers surveyed expecting fewer jobs in the months ahead compared with 15.6 percent in January.
“All in all, it appears that the pace of economic growth exhibited in the final months of 2006 has carried over into early 2007 and may have even gained a little momentum,” Franco said.
The Consumer Confidence Survey is based on a representative sample of 5,000 U.S. households.
Senior Vice President, Managing Broker
Sandy Springs office
As a consumer, whether you are a buyer or seller of real estate, you should be aware of certain laws regarding equal opportunity in housing.
The Federal Fair Housing Act makes it illegal to discriminate in the sale, lease or rental of housing because of the following seven protected classes. Remember the acronym, FRESH CORN and that will remind you of what these protected classes are:
F Familial
R Race
E
S Sex
H Handicap
C Color
O
R Religion
N Nationality
As you can see, everyone is in a protected class. There are no exceptions! As a home buyer, you have the right to expect housing will be available to you without discrimination. On the other hand, as a seller you have a responsibility under the law not to discriminate in the sale, rental and financing of property, based on the above protected classes. If you are found to be in violation of this law, a federal lawsuit could be filed against you by the prospective buyer, the real estate agent, or the Federal Government.
Since all Jenny Pruitt & Associates’ agents are members of the National Association of Realtors, we are bound by the Code of Ethics regarding Fair Housing. As a result, our agents can educate you, the consumer, on how transactions should be handled with regard to this very important topic.
If you are contemplating placing your home on the market there are so many things, you as the seller, must think about. “Clean-up, fix-up, paint-up” was a slogan used in a community clean up campaign when I was a child growing up in Memphis, Tennessee. The slogan was always placed under a picture of a Bugs Bunny type cartoon character called “the good habit rabbit.”
The campaign was introduced in the springtime to encourage people to make things around their home look clean and fresh in turn making our town look beautiful. Many years ago Memphis won recognition for being one of the cleanest cities in the U.S. and for being the city with the most churches within a city limits.
All that said it is a given that an important first step in marketing your home is to repair and or replace items which need repair, put on a fresh coat of paint if needed and to make sure you home looks its best inside and out. The next step is to select a REALTOR from Jenny Pruitt & Associates REALTORS to discuss with you ways to expose your home to the buying public, to other REALTORS who work in the area and to buyers relocating from other cities. Most importantly you want to select the company with the absolute best web presence.
When you think of selling your property, call the professionals at Jenny Pruitt & Associates REALTORS.
Rob Owen
Senior Vice President, Managing Broker
Buckhead office
You are invited to come and explore
the latest trends in Home Design
at our Johns Creek Office
Saturday, March 24th from 10am – 1pm
Meet one-on-one with the some of the area’s top design experts.
Design Showcase brought to you by Jenny Pruitt & Associates, REALTORS.
Also – we will have a a drawing for a weekend getaway at
The Ritz-Carlton Lodge at Reynolds Plantation!
7350 McGinnis Ferry Rd (1/2 mile East of 141)
For more information, please call (770) 497-2000.
