1010 Midtown is causing quite a buzz in midtown Atlanta as it seems most everyone wants a sneak peek into the luxury Atlanta condos, or at least the success of the Artefacto event last week would lead us that conclusion since the main event of the night was a preview of the furniture that will be on display in one of the model homes. So, if you missed last week’s event, there is no need to worry because tomorrow night Cantoni is hosting a party also highlighting furniture that will soon be found in a 1010 Midtown model home. These events are leading up to the much-anticipated opening of 1010 Midtown, which is taking place on November 5th - next Wednesday. The long wait for the completion of the first phase of 12th & Midtown is over, and, beginning next week, you can close on units at the live-work-play community on the Midtown Mile. Finally, the luxury lifestyle of 1010 Midtown is upon us, and if you want a preview of be sure to RSVP to AtlantaRSVP @ Cantoni.com.

Recently, President Bush signed the housing stimulus bill turning it into the Housing and Economic Recovery Act of 2008. While there are many aspects of this piece of legislation that will help the real estate market and economy, the shining jewel for the real estate industry is a $7,500 tax credit for first-time homebuyers. Meaning, anyone who has not owned a home in the past three years that purchases a home before July 2009 will receive a $7,500 tax credit. This one aspect of the Housing and Economic Recovery Act will give the real estate market the boost it needs to rebuild. This incentive is going to build consumer confidence and bring more buyers into the market to absorb the current amount of inventory. Once the inventory supply decreases, the real estate market will be back to a steady and successful housing market, and you won’t be able to find the great deals on new homes that are currently available.

This is quite possibly the biggest incentive to hit the real estate market in decades, and many home shoppers that have been on the fence about purchasing a new home are no longer going to have any reservations. So, if you are an empty-nester looking to downsize to a new home of a more manageable size, but have been reluctant to put your home on the market because of the slow economy, now is the perfect time to sell. There are going to be a lot more buyers than there were in previous years due to this amazing tax credit, so selling your current home is not going to be as difficult of a task. Then, you’ll be free to purchase a new, luxury Atlanta condo at 1010 Midtown and begin living the easy,

Read more »