News And Updates

Image source:www.bhg.com
The bow window in the living room reflects the Edwardian style of the flat. A simple sofa and love seat create a cozy conversation group. Most of the house wears flirtatious shades of green, butter yellow and pale aqua.

Homemade Style
When the homeowner couldn’t find the perfect coffee table, he designed this one, which has a plywood top set on a steel truss with casters.

Makeshift Side Table
A pair of wrought-iron end tables, set side by side, makes a spacious end table next to the love seat in the living room. The grouping of vases and pots, which William collected over a number of years, are united by their pleasing range of neutral tones.

Computer Concealed
The home office includes two computer stations that can be concealed behind the doors. A tinted green panel slides to reveal the work station and hide the bedroom. A series of storage spaces, cabinets, and movable doors allow the office disappear after hours.

Staggered Solution
Staggered filing cabinets are a great solution for an angled window.

Many believe that the greatest boom in Atlanta real estate is still about to happen. With an increased growth in population, followed by the increased rate of employment, the value of real estate has been escalating continuously. But prices are still reasonable compared to other metropolitan areas. New York for example, will cost more than one million dollars for the same property that is being offered in Atlanta for $250k to $300k.

The rapid pace of its development has made Atlanta the center of many industries. Therefore, the oversupply of commercial buildings decreased the value of commercial properties. Because of this, Atlanta’s mortgage interest rates are still comparatively low.

Let’s say that you are willing and able to buy a house in Atlanta. Would it be a wise decision? Probably, but don’t forget that the days of skyrocketing real estate are now a thing of the past. And even if there are areas where the home values are not really falling, the rate of increase is much smaller and slower compared to the past.

The general rule in buying a home is “do not hurry”. Assess your situation and think really hard if you are ready to buy a house. Experts always say that if you are not planning to live in your new house in the next five years, then it is not wise to jump into it right away.

If you are the home owner, you have to bear all the liability when something breaks down. You also have to be responsible for all the property taxes incurred.

When you are renting however, the maintenance of the structure and the payment of taxes is the responsibility of the landlord. Ok, maybe the cost is a little bit factored into the rent, but at least you have no worries. Just pay your rent on time, and all is settled. The fantastic thing about Atlanta apartments is that, when a house fixture breaks down, or a pipe started to leak, there is an on-site maintenance staff that can take care of it right away.

The fact is that mortgage brokers are now a lot more careful to scrutinize whom they will lend money to. Gone are the good old days when almost anyone could qualify for a loan. Since a median house in the Atlanta metro is around $250,000, this means that at least a house payment between $1400 and $2000 per month is needed on a 30-year fixed rate mortgage.

Compare that to renting a three-bedroom apartment for as low as $750 per month, coupled with a convenient location to the entertainment areas, shopping and public transportation. Renting is a more economical choice!

In the United States you can find expensive apartments, with rents that are sometimes higher than house payments. But not in Atlanta, Georgia in fact there are so many affordable apartments there today.

So if you are planning to relocate but you are (1) on a limited budget, (2) planning to live in the new area for a limited time only (5 years or less), and (3) don’t want too much hassle and responsibility associated with home ownership, then check out first the affordable apartments in the metro area of Atlanta. Studio type apartment prices usually start at $400 a month only.