Decatur, Georgia, has become one of the most popular in-town neighborhoods in the metropolitan Atlanta area. Early citizens rejected a proposal to make Decatur a major railway terminal because they didn’t want the noise and pollution, and subsequent city planners have built a vibrant community that oozes charm and retains the original character of the surrounding neighborhoods. Decatur is a small city that has done things right!
What makes the City of Decatur Great?
If you would like to be a part of this dynamic neighborhood, contact Atlanta Decatur Homes, a local Atlanta real estate company, selling homes in Atlanta, Decatur, Druid Hills, Medlock Park, Morningside, Virginia Highlands & Tucker for over 25 years. We also offer professional Property Management services.
Reasonably priced homes located within close proximity to Emory University are not staying on the market long. In fact, the average days on the market for nine properties that have sold since January 1, 2014 in the popular Medlock Park area is 41 days!
Homes in the Medlock Park neighborhood located just 2-3 miles from Emory sell between $150,000 and $270,000. There are currently 14 homes for sale and 16 pending sales since the beginning of the year.
Medlock Park is an area surrounded by convenient restaurants, grocery stores, shops, and the vibrant downtown City of Decatur is only a few miles east.
The neighborhood also contains Medlock Park, a lively complex with playgrounds, swimming pool, and an incredible 2 mile walking and bike path; plus the fabulous Shepherd Nature Preserve.
The Medlock Park area is a close knit community with an active neighborhood association. Prospective home buyers will enjoy the convenient location accessible to all activities, reasonable home prices, and congenial neighbors who walk their dogs, work in their yards, and supervise their children at the local parks.
If you would like to be part of this special neighborhood, contact Atlanta Decatur Homes, a local Atlanta real estate company, selling homes in Atlanta, Druid Hills, Decatur, Medlock Park, Morningside, Virginia Highlands and Tucker neighborhoods for over 25 years. We also offer professional Property Management.
The Atlanta real estate industry is finally beginning to see signs of
recovery. In fact, the National Association of Realtors announced that the real
estate market overall made a “robust” recovery in 2013. This may be the best
time to own residential Rental Property.
Our local multiple listing service, FMLS, indicated that properties sold in
the Emory area and the City of Decatur increased by 60% from 2012 to 2013; that
properties were selling closer to list price; and were on the market about 30
days less than in 2012.
The sale of Foreclosures and Short Sales has affected a large portion of the
metropolitan Atlanta area during the past 4-5 years, but that inventory is
dissipating, and the influence of major investors picking up distressed housing
has almost disappeared. There are, however, still some decent properties
available for local investors who are looking for rental income.
Here are a few predictions for the 2014 real
estate market that could influence a healthy rental market for
1) Interest rates are likely to rise –More will be
2) Home prices will also rise – More will be renting.
3) Many homeowners who lost homes through foreclosure and short
sales will not be able to purchase another home for some time. – More will be
4) Zillow reports in an article dated December 30, 2013 by Jennifer
Chan “that home ownership will fall below 65% in 2014, the lowest since the
mid-1990’s. The easy lending standards we saw during the housing bubble led to
higher-than-normal homeownership, and in the recovery we’re seeing ownership
rates normalize.” More will be renting
5) Chan also highlights another issue impacting the decline in ownership by
Gen-Y-ers who are renters. “This group is the next generation of homeowners,
but they’re seeing high unemployment and low wages”. More will be
6) Chan also indicates that “rising home prices will encourage Americans to
move, but to less expensive areas where housing is more affordable. Metros like
Houston, Dallas, Denver, Atlanta and Portland will see a growth in residents”.
More will be renting
Atlanta Decatur Homes
is a local real estate company selling homes located in Atlanta, Decatur, and
Emory University neighborhoods for over 25 years and offering professional
property management for homes in the Emory area.
Biography | Contact Sharon | Getting the Highest Price | See Our Neighborhoods! | First-Time Buyers-2014 | Emory-Decatur Sellers | Relocation/Transfers | Financing Revealed | House Notes | Emory Village | Emory Grove | Decatur | Clairmont Heights | Emory Parc | Chelsea Heights | Medlock Park Area | Area Churches | Rent Management | Buying First Home-Atlanta | Atlanta Schools | Condos/Townhomes | Tuxworth Springs | ScottCourt-The Woodlands | Decatur Square | The Park at Emory | Heritage Two | Clairmont Place | Brianwood | September Chase | Winston Place | Haverhill | Area Parks | Property Management | Do You Need It? | Promoting Your Property | Screening and Leasing | Fees and Accounting | Glendale Estates | Glenlake Park | The Woodlands | Medlock Park | ClydeShepherd Preserve | Kirkwood Village | Leafmore Hills | Lions Gate | Waddell Park | Great Lakes | Laurel Ridge Neighborhood | Rentals-Now Available | North Druid Valley | Library-Toco Hills | Emory Area Dog Parks | Druid Hills | Closing Costs | Looking to Sell? | Home | Emory/Decatur | Site Map | Reasons homes don't sell | Be Accessible! | Home Appreciation | Daily Rate Lock Advisory | Sharon's Blog