Happy Friday and Happy Memorial Day Weekend! Ever thought about making a fixer upper your first home? Many first-time homebuyers have and although it can be a lot of work, it can also be a fantastic investment! Our guest blogger today, Ray Flynn, from DIY Guys has written a very detailed and helpful article that I am happy to share with you today. Enjoy and have a fun, safe weekend!!
What makes Atlanta such a new construction hotspot?
A recent Realtor.com census data study ranks Atlanta 4th among the nation's cities with the most new-home development. The number of building permits has risen by 19% since this time last year. Wow! Check out this recent article in Atlanta Agent Magazine to see whay builders love Atlanta so much!
Equity and Refinancing
Refinancing is something that most people will do at some point in their home ownership years. The reasons are many; sometimes it’s to get a better rate, sometimes to combine a first and second mortgage. Still others will refinance to take money out from the equity on their home and pay bills or do renovations. Whatever the reason, equity plays a major role.
2019 Q1 Market Intelligence Report
Talk about comprehensive, useful, and easy to understand stats! Click the link below to see Engel & Volkers Atlanta's 2019 Q1 Market Intelligence Report detailing all of the market activity of Atlanta's condos, townhomes, and single-family homes over the first three months of the year! Enjoy!
Private Equity Funds Increase Dosage of Health Care Real Estate
Private equity funds increased their acquistion of health care real estate, like medical office buildings, nursing homes, and assisted living facilities 14% in Q1 of 2019 over Q1 2018 by already investing over $623 Million so far. The large number of aging baby boomers who require more health care services is fueling the increase and this number is expected to grow rapidly in the coming years. Read the full article here.