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"Real" Real Estate

Blog by Matt Thomas
Athens, Georgia

Hosted by Matt Thomas of Atlas Real Estate Adivsors, this site gives readers an inside look into the exciting world of real estate. Please feel free to comment on any of the posts - we encourage your participation in the discussion! And, please signup at the bottom of the page to receive email notification updates from our site.

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"Real" Real Estate

November 2009

Athens, GA ranks 40 out of 120

Nov. 24, 2009

The average sales price for 4 bedroom homes in Athens, GA is approximately $205,862, according to a recent study by Coldwell Banker. Their annual Home Price Comparison Index suggests that Athens ranks 40th in affordability, when compared to the top 120 college markets in the U.S.

Akron, Ohio was the most affordable market, and Palo Alto, California was the most expensive.

The study cites lifestyle, culture and economic stability among the list of reasons college towns so popular with buyers.

Athens, GA Holiday Charity

Nov. 13, 2009

Most of us consider the upcoming holiday season to be a time for family, gift-giving and food. However, the Athens community has many families that dread the holiday season because they don’t have access to those same items that many of us take for granted.
I have a huge heart for kids when it comes to charitable giving, because kids are usually products of their environment and have no means to better themselves. So, each holiday season, I adopt “Angels” from the Salvation Army.
This program allows you to buy Christmas gifts (clothes, toys, etc) for a specific child that might otherwise not receive many, or any, gifts. The Salvation Army will provide their names and sizes, and you buy the gifts. If you enjoy shopping, you can sponsor a local child and dropoff at the local Salvation Army location. “I don’t have time to go shopping” is not an excuse, because you can adopt an angel and shop for them online. And, if you don’t like shopping in person or online, call us at Atlas … we will gladly volunteer our time and do the shopping for you, if you’d rather just make a monetary donation.
It’s a great program, and I strongly encourage you to participate. Help make a difference in the Athens, GA community and more importantly in the life of a child.

Homebuyer Tax Credit Extended Through Spring 2010

Nov. 6, 2009

Both the house and senate have agreed to extend the $8000 first-time homebuyer tax credit through May 1st, 2010. In addition, ANY homeowner that’s lived in their home for 5 of the past 8 years can now also claim a $6,500 rebate as well.
This is big news for those of us in the real estate community, as this credit seems to be the driving motivation behind a large percentage of recent home-buying decisions. Please let me know if you’re interested in more specific info on this credit, or if you’d like to take advantage of this incredible opportunity in the Athens, GA real estate market.