Move-in may not be for a few more months, but homeowners are already giving 1010 Midtown rave reviews. Mr. Randall Mullen recently wrote a letter to the vice-president of regional sales at Daniel Management Corporation, Jason Winburn, thanking him for putting an end to his long search for a better quality of life in Atlanta. Mr. Mullen has been a consultant in city redevelopment for over 15 years, which means he has been able to advise organizations on revitalizing parts of Atlanta and many other cities in the United States. One aspect that other cities always had that Mullen wished Atlanta would develop were live/work/play environments. While there have been many  attempts promising an exciting, urban life style, none have actually been able to deliver this way of life. However, when Mullen came across 1010 Midtown, he knew that his dream of a better Downtown quality of life was finally a reality. With 1010 Midtown being only one part of a greater master-planned development, 12th & Midtown, it is centrally located in the midst of the newest and hottest nightlife in Atlanta. “Walking to dinner, taking in the cultural arts or enjoying a run through Piedmont Park will soon become a welcome routine. I can’t wait to experience an improved lifestyle here at home,” said Mullen in his letter to Winburn. If you purchase your new home at 1010 Midtown, this will be your new routine too. So, check out what the buzz is about and improve your lifestyle at these luxury condos in Midtown.

For those that have been waiting for the housing market to bottom out before purchasing a new home, you need to act NOW. Cyril Moulle-Berteaux - a managing partner of Traxis Partners, a hedge fund firm based in New York City - was recently published in the Wall Street Journal giving his opinion about the current state of the market. According to Mr. Moulle-Berteaux, we have reached the eye of the storm and can now begin working our way to the other side. The housing market has officially bottomed out as of April 2008 and will slowly begin to rebuild. We have been in a downturn in the housing market for almost 3 years because owning a home became too expensive for average Americans. However, home prices and mortgage rates have been falling, once again making purchasing a home affordable for everyone. With reasonable home prices, more people are going to be buying and we will return to the booming housing market of 2005. If you want a few more specifics, you should read the full article. Of course, if you are debating on whether or not to purchase a new home, you need to act quickly

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Construction is continuing full-speed ahead with 1010 Midtown. The unique architecture of the development, which accents the curve of Peachtree Street, is not the only thing making these new condos in Midtown one-of-a-kind. 1010 Midtown is the ultimate mixed-use development -  featuring Atlanta’s most trendy restaurants, retail, offices and recreation within walking distance to the condos. In a time when gas prices are at a record high and continuing to increase on a daily basis, having all of life’s necessities only a short walk away is a huge incentive. And while the much desired location on the Midtown Mile is a reason in itself to purchase a new home at 1010 Midtown, it does not even cover half of the benefits that this extraordinary high-rise offers residents. The one-, two- and three-bedroom condos at 1010 Midtown are adorned with the  most luxurious features, including floor to ceiling windows with breathtaking views of Downtown Atlanta and Buckhead, 10-foot ceilings, hardwood floors, wood cabinetry, granite countertops, frameless glass showers, tiled baths with garden tubs and more. Need more reasons to look at 1010 Midtown?

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This is just another piece of evidence supporting the fact that you can’t listen to national news about real estate. The real estate market is LOCAL, and while many markets have experienced a decrease in home value over the last year, Atlanta has not. In fact, many homes are worth more today than they were a year ago, according to AJC writer John Adams.  The fact that Atlanta had an increase in home prices in 2007 is not a commonly accepted piece of information by Atlanta residents. He also conducted a poll and asked everyone he saw if they thought home prices were up, the same or down from last year, and almost everyone said that prices were down significantly. While the rumors support a decrease in home prices, the statistics prove otherwise. Adams attributes our increasing home prices to the fact that

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John Adams gave some “Inside Advice” in the AJC earlier this year about why now is a great time to buy a home. His points are valid and could possibly shine some light on those of you waiting to purchase a home until the economy stabilizes. So, peruse the next few points and then begin your search for a new home in Atlanta at 1010 Midtown:

• Interest rates are close to being at a record-breaking low. 30-year fixed rate loans are hovering around 6%, helping to make monthly mortgage payments quite a bit lower than they usually are. This is a prime opportunity to affordably get locked-in to a long-term loan.
• Atlanta’s economy is strong and growing. We have successfully dodged the horrendous real estate slump that Florida and California are suffering from because of our strong job market. By creating new jobs on almost a daily basis, our

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Out of all of the cities in the nation, CNN Money named Atlanta as the best place to buy a home! So, what are the determining factors? Well, being a place where home prices are likely to rise the most, or to fall the least, in the coming months gives Atlanta a stable real estate market, making it a great place to buy a home. What makes Atlanta a city that is likely to have home prices increase? Well, new housing starts have stopped, drastically reducing the amount of available homes. As supply diminishes, prices will rise.

Unfortunately for homebuyers, this determining factor is bad news. The buyer’s market in new construction is coming to an end. When home prices start to rise again, you will have missed your fantastic opportunity to become a homeowner. What’s the moral of the story? Stop stalling

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Forbes Magazine recently released the 10th annual “Best Places for Business and Careers,” and our fabulous city of Atlanta has skyrocketed from the 25th position last year to number SIX this year. We are the 6th best place to live to further your business or career. We have a very diverse economy and pro-business environment that supports career growth for any professional, from entry-level to CEO’s. In addition we are home to the corporate headquarters of many national and even international  companies like Delta, Home Depot, IBM and AT & T to name a few. And for anyone that has ever tried to fly out of Hartsfield-Jackson airport, you can attest to the fact that it is the busies passenger airport in the world. All of these factors helped bring Atlanta up in the rankings, and it makes us proud to see our city rise so significantly in only a year’s time. Something else you may  not have considered that weighed heavy on Atlanta’s placement is our drastic decline in crime rate. All in all, we should be proud to call this happening city home, and welcome those that relocate looking for the business opportunities that we provide.

So, if there happens to be a new employee at your company that is brand new to Atlanta, you should turn them to the best places for meeting people, dining, shopping and living. 1010 Midtown, located on the Midtown Mile, is the absolute best place for anyone new to Atlanta

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The Atlanta population was among the nation’s top gainers in 2006 and 2007, number two to get technical, with a growth of over 151,000 new residents. Our population is now more than 5.2 million, and still growing! As we have been reporting, Atlanta has a huge job market which is the main contributor to our population growth. According to the Metro Atlanta Chamber of Commerce, we had a net growth of 55,000 jobs last year. And these people that are relocating to Atlanta are coming from areas where houses are extremely expensive, making condo life the standard norm. Thus, when they move to our city with its low housing prices and fantastic deals, they jump at the opportunity to purchase a new condo in Atlanta before the prices rise and the savings vanish. So, if you are considering moving into a new residence, you should follow the lead and seize the opportunities available now. Once the supply decreases and the demand remains constant, you won’t see today’s prices for long.

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You should definitely plan on attending the buyer event this Saturday, April 19th to learn more about 1010 Midtown. In addition, Closets & More is going to be on-site to help new homeowners get some ideas on creative ways to organize closet space in condos. This is a handy piece of information for homeowners at 1010 Midtown because, being located on the Midtown Mile, residents will be in close access to numerous retail stores. And knowing how to maximize the closet space in your condo is going to be very beneficial as more and more stores move into the neighborhood and your clothing collection increases. However, more than learning how to organize a condo closet, attendees will receive all the information they want to know about the new condos in Atlanta at 1010 Midtown. Learn about all of the available floorplans and units, get an overview of the entire 12th & Midtown project, hear the standard features and what is available for upgrades and peruse the amenity package. So, make plans to visit the 1010 Midtown sales gallery on Saturday to learn how to optimize space in a condo closet and also gather more information about the hottest new condos in Atlanta. For more information about the event, call 404-815-4622 and we’ll see you on Saturday!

The mission of 12th & Midtown initiative is to provide Atlanta residents with an unmatched Midtown lifestyle. Many other communities in Atlanta real estate claim to be mixed-use or live/work/play, but none go above and beyond the expectations of homebuyers the way that 12th & Midtown does. Phase I, also known as the new Atlanta condos 1010 Midtown, which anticipates a completion date later this fall, offers potential homebuyers luxurious homes with exceptional amenities like a swimming pool, park, fitness center and more. Also included in this 35-story high rise development is 50,000 square feet of retail, which will feature national and international retailers, fine dining restaurants, wine bars, local pubs and more. As if these 50,000 square feet weren’t enough for the residents at 1010 Midtown, Phase II of 12th & Midtown, which has now begun construction, will include 60,000 more square feet of retail. This means the addition of a steak house, tavern, piano bar, restaurants, cigar lounge, fashion retailers, signature boutiques and more. Residents at 1010 Midtown will never lack for things to do with such an enticing strip of restaurants, bars and stores right out their front door.