2022 Intown at a Glance - Terri Copeland

INTOWN at a GLANCE 2022

Can you believe it is almost 2023? I am not sure where this year has gone but I have so much to be thankful for, and that includes you! I am so thankful to be in the Real Estate industry as it has given me the opportunity to connect and work with people like you. Thank you for your support and being a part of my journey! Enclosed you will find fun Holiday activities, Real Estate updates, a guide to Atlanta and even a winter home maintenance checklist. Even if you are not thinking about selling your home or buying a new one anytime soon, I thought you may be interested in staying up to date on your homes market. I hope that you find this information helpful and the next time you hear of someone wanting to sell their home or buy a new one, or maybe it’s even you, please give me a call!

TERRI P COPELAND @TERRIPCOPELAND

Windows

CHECK WINDOWS FOR ANY AIR LEAKS. SEAL ANY GAPS WITH CAULK OR WEATHER STRIPPING TO KEEP COLD AIR OUT AND HEAT FROM ESCAPING.

Gutters

CLEAN OUT AND REPAIR YOUR GUTTERS. CLOGGED GUTTERS COULD ALLOW WATER TO SEEP DOWN BEHIND THE SIDING OF YOUR HOME’S EXTERIOR CAUSING WATER DAMAGE.

Roof

YOUR ROOF PROTECTS YOUR ENTIRE HOME. CHECK FOR ANY LEAKS OR DAMAGED SHINGLES. DON’T FORGET THE SEALS AROUND THE CHIMNEY AND ROOF VENTS.

TURN OFF THE WATER TO ANY EXTERIOR FAUCETS TO PREVENT THE PIPES FROM FREEZING OR BURSTING.

INSPECT AND CLEAN YOUR CHIMNEY AND FIREPLACE TO PREVENT UNWANTED FIRES.

Ceiling Fans

SWITCH THE DIRECTION OF YOUR CEILING FAN BLADES TO SPIN CLOCKWISE. RUN AT A LOW SPEED TO CIRCULATE WARM AIR DOWN FROM THE CEILING.

Smoke Detectors

FURNACES AND HEATERS CAN PRODUCE COLORLESS AND ODORLESS DEADLY CARBON MONOXIDE GAS. MAKE SURE TO CHECK BATTERIES IN SMOKE AND CARBON MONOXIDE DETECTORS.

Pipes

PIPES NEAR WINDOWS, DOORS AND IN UNHEATED PARTS OF YOUR HOME CAN FREEZE AND BURST. PREVENT THIS BY PROPERLY INSULATING YOUR PIPES.

FALLING ICE, BRANCHES AND OTHER DEBRIS CAN DAMAGE YOUR OUTDOOR A/C. SIMPLY PLACE A PIECE OF PLYWOOD ON TOP OF YOUR UNIT TO PROTECT IT FROM FALLING DEBRIS.

Trees

TRIM YOUR TREES THAT HANG OVER YOUR HOME. IF YOUR TREE BRANCHES ICE OVER DURING THE WINTER AND BECOME HEAVY THEY COULD FALL ON YOUR HOME.

A LOCALS GUIDE TO

MUST VISIT

restaurants

KEVIN RATHBUN STEAK - INMAN PARK

There are steakhouses, and then there are steakhouses. The latter being the incomparable fine dining experience you’ll receive.

DELBAR - INMAN PARK

An unforgettable journey to the Middle East. Delbar meaning ‘heart captured’a love letter to Middle Eastern cuisine.

THE BUSY BEE CAFE - VINE CITY

Great food and a history. A favorite of celebrities and politicians alike over the years, the West End soul food diner.

DESTA - BRIARCLIFF

Serving delicious Ethiopian Food to the Atlanta area since 2006. Come and enjoy traditional fare as well as some culinary creations you’ll only find at Desta.

BEST C offee shops

DANCING GOATS

A local favorite with multiple locations throughout Atlanta!

AURORA - LITTLE FIVE POINTS Atlanta’s first specialty coffee shop ... since 1992

CONDESA COFFEE - OLD FOURTH WARD Condesa uses Counter Culture Coffee and tea from Rishi Tea. But this isn’t just a coffee shop, they also serve craft beers, hand-selected wine, and well-made cocktails.

HODGEPODGE COFFEE

One of the most unique coffee shops in the city with multiple locations. Not only for coffee lovers and creative minds, kids also keep themselves busy.

BEST brunch

ATLANTA BREAKFAST CLUB - DOWNTOWN

Offering a world-class blend of exquisite service in a casual environment.

BREAD & BUTTERFLY - INMAN PARK

A whimsical café & bistro with a European-inspired space.

FOLK ART - INMAN PARK

Great spot with specialty brunch cocktails.

LADYBIRD GROVE - OLD FOURTH WARD Popular for the fun bar atmosphere, also serving an incredible brunch.

TOP farmer’s markets

BROOKHAVEN FARMER’S MARKET

March through November | Saturdays 9am - noon

GRANT PARK FARMER’S MARKET

Year-round | Sundays 9am - 1pm

FREEDOM PARKWAY FARMER’S MARKET

Year-round | Saturdays 8:30am - noon

PIEDMONT PARK FARMER’S MARKET

March through December | Saturdays 9am - 1pm

YOUR DEKALB FARMER’S MARKET

A world market, produce, meat, seafood, dairy, cheese, beer, wine, bakery, deli, coffee shop, flowers, pastries, and kitchen gadgets.

FAVORITE local boutiques

BEEHIVE - EDGEWOOD

Handmade, modern and local. Independent designers from your own community.

EARTHSHAKING MUSIC - CHOSEWOOD PARK

Perfect spot for music lovers, southeast’s premiere independent retailer of musical and pro audio equipment. Serving the music community for over 22 years.

THE COLLECTIVE AT KROG STREET - INMAN PARK

The former stove factory has become one of the city’s top places for dining. In addition to bars like Ticonderoga Club and the beer bar at Hop City, there’s a diverse selection of restaurant options.

MUST SEE areas

THE BELTLINE

Atlanta’s most iconic feature, transforming disused rail lines into 33 miles of walking and biking paths.

PIEDMONT PARK

Piedmont is a favorite among locals and for good reason. More than just a gigantic park in Midtown, it has a pool for the warmer summer months, sports fields and several dog parks, and it routinely hosts arts and music festivals.

ATLANTA BOTANICAL GARDEN

Step into a world of magic and serenity at the Atlanta Botanical Garden.

INMAN PARK

Bordering the BeltLine Eastside Trail, a network of multi-use trails throughout the city, perfect for those who want to bike, walk or skate to and from spots during their visit.

THE REAL ESTATE

LATEST HOME TRENDS

BOLD INTERIOR TRENDS ARE ON THE RISE FOR 2023

REAL ESTATE STATISTICS

HOMEOWNER EQUITY KEEPS GROWING ACROSS THE U.S.

In Quarter 3 of this year, 48.5% of mortgaged residential properties in the U.S. were considered equity-rich, according to a new report from ATTOM.

HOME PRICES ROSE YEAR-OVER-YEAR IN QUARTER 3 OF 2022

Among the major U.S. regions, the South registered the largest share of single-family existing homes sales (44%) and the greatest year-over-year price appreciatin (11.9%) in Q3.

Homeowners are moving away from hiding their wine cellars and are using wine storage like an art installation.

ALABASTER IS THE MOST POPULAR EXTERIOR HOUSE COLOR

The creamy, off-white exterior color looks great on every type of siding including wood, vinyl, brick, fiber cement, and stucco and also works as a trim color.

NEWSTALGIA IS ONE OF 2022’S HOTTEST TRENDS

The largest trend popping up everywhere is Newstalgia which blends vintage and retro furnishings with luxe finishes and top-of-the-line tech.

ATLANTA HAS BEEN NAMED ONE OF THE BEST CITIES IN THE WORLD

Best Cities cited Atlanta’s diversity, bold project developments, and influx of companies coming to the city with over 200,000 people moving here in the last year.

ATLANTA IS THE THIRD FASTEST GROWING

METRO AREA NATIONWIDE

The city’s population has swelled by 22% since 2010, with high employment opportunities and a comparably low cost of living as the main factors.

TECH GIANT TO BRING HUNDREDS OF JOBS TO MIDTOWN ATLANTA WITH NEW HUB

Multinational tech company, Cisco, plans to expand its metro Atlanta presence, bringing in over 700 new jobs to Tech Square.

HYUNDAI BREAKS GROUND ON $5.5 BILLION FACTORY NEAR SAVANNAH

Poised to become the largest economic development project in Georgia history, it will create more than 8,100 jobs and will manufacture about 300,000 vehicles per year.

HOLIDAY EVENTS

TIME FOR A NEW HOME?

REASONS TO LIST YOUR HOME DURING THE HOLIDAYS

There may be fewer buyers this time of year, but the people looking to buy a home during the holidays are serious and ready to buy!

There are fewer homes for buyers to look at during the holidays which means less competition for you!

Homes show better when decorated for the holidays!

You can decide when to show your home during the holidays so you can still have your own festivities for the season!

Many buyers have more time available to view properties during the holidays compared to normal work weeks.

DETERMINING THE VALUE OF YOUR

Determining the best asking price for a home can be one of the most important parts of the home sale process. If your home is listed at a price that is above market value, you will miss out on candidates to purchase your home. If you list at a price that is below market value, you will ultimately sell for a price that is not the optimum value for your home. As Figure 1 illustrates, more buyers purchase their properties at market value than above market value. The percentage increases as the price falls even further below market value. Therefore, by pricing your property at market value, you expose it to a much greater percentage of prospective buyers. This increases your chances for a sale while ensuring a final sale price that properly reflects the market value of your home.

Another critical factor to keep in mind when pricing your home is timing. A property attracts the most attention, excitement and interest from the real estate community and potential buyers when it is first listed on the market (see Figure 2). Improper pricing at the initial listing misses out on this peak interest period and may result in your property languishing on the market. This may lead to a below market value sale price (see Figure 3) or, even worse, no sale at all. Therefore, your home has the highest chances for a fruitful sale when it is new on the market and the price is reasonably established.

Harry Norman, REALTORS® will give you up-to-date information on what is happening in the marketplace and the price, financing, terms, and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.

LIST YOUR HOME WITHconfidence

In connection with the purchase or sale of your home, mortgage financing, title insurance, settlement services, and homeowners insurance may be necessary. Harry Norman, REALTORS® recommends that you consider our family of services to help you with these needs. Ask your Harry Norman REALTOR® or visit these services online through the websites listed below.

When purchasing a home, customers can count on Prosperity Home Mortgage’s extensive resources and capabilities to address their unique financing requirements. Prosperity Home Mortgage, LLC is focused on value as well as quality. Therefore, they offer practical rate, term and closing options so our customers can effectively optimize tax advantages and leverage their capital. For more information, visit: PHMLoans.com.

As an independent insurance agency, HN Insurance Services represents a carefully selected group of nationally known insurance companies. HN Insurance’s independence allows their professional insurance agents the flexibility to shop and compare a wide variety of insurance and financial products for customers. Existing solely to serve the needs of the Harry Norman, REALTORS® organization, HN Insurance Services is a part of our team of trusted advisors.

For more information, call 404-943-1899 or visit HNInsurance.com.

Township Title Services offers quality title services for buyers and sellers while providing a smooth closing experience. A strategic joint venture alliance between Harry Norman, REALTORS® and Campbell & Brannon, LLC, Township Title Services was created to provide buyers and sellers with the vast knowledge, skills, and experience of the Township Title attorneys and staff. Campbell & Brannon, LLC is a law firm at the forefront of real estate law and litigation in metro Atlanta and Georgia. Township Title shares a customer service philosophy with Harry Norman, REALTORS® which supports serving the client first and foremost. For more information, call 404-504-8700 or visit CampbellAndBrannon.com.

Get the peace of mind an American Home Shield Home Warranty provides. Harry Norman, REALTORS® has partnered with American Home Shield to offer comprehensive and affordable home warranty coverage, with unmatched customer service. American Home Shield has over 35 years of experience. Whether you are buying or selling a home, an American Home Shield home warranty eliminates the uncertainty of unplanned expenses for repair or replacement of covered items and limits your exposure to a reasonable deductible. For more information, visit HarryNorman.com/HomeWarranty.

HERE AT HARRY NORMAN, REALTORS®, WE HAVE A FAMILY OF SERVICES TO BENEFIT YOU.