When I say grow and grow I mean in terms of population and the economy. Many news reports keep mentioning a “real estate bubble,” and are trying to predict the time period that it will burst. I think that many Atlanta citizens are trying to do the same thing, and are basing their involvement in the Atlanta real estate market on when it will burst. However, this is an unreliable plan as Atlanta has no housing bubble. The Atlanta market has remained relatively steady during the worst times of the slump, and because of our strong housing market, we are in a prime position to make a full recovery quickly. There are not going to be any significant highs and lows to indicate that a bubble has burst. In fact, you probably won’t realize we are on our way back up. We haven’t seen a drastic decrease in home prices because our average home prices tend to be lower than the national average. We also have a strong job market and population growth. All of these factors have helped Atlanta stay on the outside of the housing bubble.

Atlanta seems like a pretty favorable place to purchase a home, which may be why Forbes Magazine has named Atlanta #10 on the “Best Cities to Buy a Home” list. And we definitely do have a strong population growth. One current trend has caused a shift in the Atlanta population, moving more people intown and increasing the city’s population. The gas prices and increase in living could be a direct cause of the move inside the perimeter, as more and more individuals are looking for live, work, play developments like 1010 Midtown.

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Atlanta’s most famous and eventful park, Piedmont Park, is going to be getting 53 acres bigger. The extensive renovations are going to turn Piedmont Park into a recreational haven for all Atlantans. Included in the plans is a skateboard park, extensive playground with merry-go-round, pools, walking trails, dog park, participative fountain and more. In no time at all, Piedmont Park will be the destination to eliminate boredom on the weekends, always buzzing with something to do. Not that any resident at 1010 Midtown would suffer from boredom because the mixed-use development features an extensive list of luxurious amenities, but if you do want a change of scenery, Piedmont Park is a short walk from the development. The fortunate homeowners of these new condos in Atlanta will be able to spend weekend walking or biking over the pedestrian bridge, immersed in nature on one of the trails or giving man’s best friend some much needed exercise at the dog park. The future plans of Piedmont Park is only one more reason why life at 1010 Midtown is unmatched in Atlanta real estate. So visit the sales gallery and pick out your Midtown condo because the move-in date is quickly approaching!

The 1010 Midtown development team is celebrating with high spirits today as the tower’s last beam is put in place. Hard work and long days have paid off big time as the architecturally unique building finally tops out. The building was designed to accentuate the curve in Peachtree Street, resulting in spacious condos with unique floorplans. Now that the building has topped out, construction will move indoors to complete every unit. In fact, homeowners at 1010 Midtown get to enjoy a private reception later this month where they will have the opportunity to visit their new home and mingle with future neighbors.

Homeowners are expected to move in this fall, which is rapidly approaching. Now is a great time to buy, and these one-, two- and three-bedroom condos have something for every lifestyle,

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This photo from the webcam shows that 1010 Midtown is getting closer and closer to topping out! 1010 Midtown is a new condominium high rise development in Atlanta currently accepting pre-sales, and, now is a fantastic time to buy because, as we have been reporting, the Atlanta real estate market is expected to turn around this year. So, 2008 brings back a stable housing market and the completion of the greatest new condominium high rise in Midtown - talk about a fantastic year! Reserving your spot now on the Midtown Mile is a wise choice, as in two years time this will become the most desired strip of real estate in all of Atlanta: both commercial and residential. Imagine walking out the front door of the building and looking directly into a Luis Vuitton, Versace, Manolo Blahnik or Gucci. At 1010 Midtown, this scenario is reality as the

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Good news for the Atlanta economy - while 2007 was a struggle due to the residential real estate downturn, things are expected to turn up by the third quarter of 2008. At least, this was the consensus of the KNOW Atlanta Annual Advisory Board Luncheon, in which the panel of advisors, alumni and selected guests gathered to share news about the current state of the local economy and predictions for the future. What they decided was that even though we took a hit with the real estate market, Atlanta’s job market continues to grow with national and international business relocations. In fact, by the year 2020 metro Atlanta is anticipating 2 million more people to move to the area. Atlanta is a continually growing city, once again making it in the top four of the Forbes magazine fastest-growing cities. With the strong job market, the residential real estate market is expected to turn around soon.

If in the market for a new home, look no further than 1010 Midtown. For more information, call 404-815-4622

A Time Magazine article, “When to Sell the Empty Nest,” is encouraging homeowners to sell their McMansions and downsize to less expensive condos. So, if all of your kids have moved on to college and residences of their own, don’t let the supposed “weak” real estate market make you sit on a huge mortgage payment; go ahead and downsize now, as there are many alternative options available in Atlanta real estate.

One of which is a new development, 1010 Midtown. Upon completion, this high rise will have 443 units, all with floor to ceiling windows and great views of the Atlanta skyline or Buckhead skyline. Offering more than other new high rise developments, 1010 features a lovely amenity package including: swimming pool, cabanas, gardens, fitness center, club room, 24-hour concierge, keyless building access and an exceptional location that provides the best restaurants, shops and businesses right outside the front door.

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A recent Atlanta Business Chronicle article describes the immediate future of condominium high-rise developments in Atlanta real estate. In the coming year, the condominium construction pipeline is expected to slow due to a large amount of inventory units. However, just because new developments will not be breaking ground this year or even in the works does not mean the real estate market is going to suffer because Atlanta’s above-average household income and below-average cost of living continues to attract new residents, with 7 million expected by 2010. According to Haddow & Co., the current supply of inventory condo units should meet the demand for another 31 months, persuading many developers to hold off on new plans until the there is a greater need for new high-rises. Currently, there are several major high-rise developments under construction in Buckhead and Atlanta, one of them being 1010 Midtown.

1010 Midtown will have 426 units upon completion, priced $251,000 to $1.6 million. These luxury condos are located on the much sought-after Midtown Mile with exceptional amenities and luxurious standard features. For more information, call 404-815-4622 or visit the sales gallery.

While the 2006 real estate market was booming, the 2007 housing market was crashing. This means that 2008 will level out and be a healthy balance between the two, according to a recent article in the Atlanta Business Chronicle. Apparently, residential real estate veterans believe that the overindulgences of the booming 2006 market were corrected last year in 2007, leaving a healthy housing market for 2008. With the market on the verge of a steady, healthy increase, now is a great time purchase a home in a growing market like Atlanta. One of the absolute best investments in the entire city would be purchasing a home on the Midtown Mile. Within five years, this strip of Peachtree Street will be the most desired retail, restaurant and residential street in all Atlanta real estate. So, put your investment in now with a lavish new high rise, 1010 Midtown. This exquisite condominium development features unique floorplans with an exceptional amount of living space. Floor to ceiling windows accent gorgeous views of the Atlanta skyline. For more information, call 404-815-4622 or visit the sales gallery.

Forbes.com recently published an article announcing “America’s Most Stable Housing Markets,” and our great city of Atlanta made the list. When compared to other cities, Atlanta has a low cost-of-living. A house that sells for $200,000 here would be double or triple the price in cities like San Francisco and New York City. Banks and lenders are uneasy and reluctant to approve unmanageably large mortgage loans. But, because Atlanta’s median home-sale price is only $175,000, it is easy for people to be approved on a mortgage loan, and the city maintains consistent real estate activity.

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