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Real Estate
Apple co-founder's former home on market for $4.395 million
Originally built for Apple co-founder Steve Wozniak in 1986, this 7500 square foot, 6 Bed, 8 Bath on a little more than an acre is located right off Los Gatos Blvd in Los Gatos and is on the market for $4.395 million.
More sellers are getting their homes' asking price
Good housing-market news keeps rolling in. The latest says that the gap between the seller’sasking price and the eventual sales price is narrowing, and that homes are selling faster. While this is obviously good news for sellers, buyers should welcome it too. If homes are selling faster and prices are firmer, the buyer ...
Ga. House approves bill to gain back part of Tenn.
The State House has overwhelmingly passed a resolution to reclaim some of Georgia's land mistakenly given to Tennessee in a flawed survey nearly 200 years ago. When Georgia ceded the Mississippi Territory to the United States, the northern border of the state with Tennessee was established at the 35th parallel. ...
Atlanta home prices still suffering
Atlanta continues to lag when it comes to home prices. The S&P/Case-Shiller Home Price Index shows monthly improvement in most of the cities it tracks, including Atlanta. But Maureen Maitland, Vice-President of S&P Indices, points out Atlanta is the only city still posting a double-digit negative annual rate of return. ...
Atlanta home prices still struggling
Home prices show signs of life in major U.S. cities, but Atlanta's not among them. "Atlanta's the worst place for housing right now," according to Maureen Maitland at S&P. "Atlanta seems to be falling at a very fast pace. [Home prices] are down 17 1/2 percent versus this time last ...
55 percent of Metro Atlanta homes underwater
What's that sinking feeling? According to Zillow, the online real estate data firm, 55 percent of Metro Atlanta homeowners with a mortgage are underwater. That means they owe more than the home's worth in today's market. Metro Atlantans underwater far exceed the national average of 31 percent. Since the recession ...
MetLife to buy Reynolds Plantation
Reynolds Plantation has a buyer. Insurance giant MetLife tells the AJC they've worked a deal to buy the luxury resort community on Lake Oconee. Financial details haven't been made public. "This is a premier community with world-class amenities, a great reputation and a strong future,” Robert Merck, senior managing director ...
Hope for Reynolds Plantation
There may finally be a deal to buy a high-profile luxury development east of Atlanta that fell victim to the recession. A group of investors interested in Reynolds Plantation is headed up by Birmingham-based Daniel Corp., the co-developer of 12th and Midtown in Atlanta. The Reynolds Family company that created ...
Vacant store fronts in Atlanta decline
Another sign the economy may be turning around... fewer vacant strip centers. Real estate analyst firm Reis, Inc. tells the AJC that Metro Atlanta's vacancy rates have been falling faster than the rest of the nation's even though metro Atlanta's stands at 14.1 percent compared to 10.9 percent for the ...
King and Queen for sale?
A couple of high-profile office towers at I-285 and Georgia 400 may be on the market. The AJC reports TIAA-CREF, a financial services firm, is looking for a buyer for the Concourse Corporate Center. The centerpiece of the five-building complex is the "King and Queen," twin towers that look like ...
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