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Atlanta Intown Market Survey-7

By KevinClemmons | February 4, 2009

This posting covers two of the three “Tri-cities” submarkets-College Park & East Point, that were included in our January survey.In the College Park submarket the Average Sales Price fell from $218,633 to $212,507 or about 3%. The Average Number of Days on the Market also fell by 3% from 141 to 137. The Number of […]

Atlanta Intown Market Survey-6

By KevinClemmons | February 3, 2009

This posting covers the Central Dekalb communities of Avondale Estates, Pine Lake and Decatur. The survey also covers four of Decatur’s most popular neighborhoods. The Avondale Estates submarket has been relatively stable for the last year or so. For the twelve months ending on December 31st, the Average Sales Price was down by 3%-$323,699 to […]

Atlanta Intown Market Survey-5

By KevinClemmons | February 2, 2009

Until recently, the Intown North submarkets all had year over year increases in Average Sales Prices. By the end of 2008, only 2 out of the 5 submarkets were in positive territory. Inman Park’s Average Sales Price dropped from $568,879 to $487,582 or 14% in 2008. Average Days on the Market decreased by 25% from […]

Atlanta Intown Market Survey-4

By KevinClemmons | February 1, 2009

In today’s edition of the Atlanta Journal-Constitution there was an article reporting that housing prices had declined 27% in the last year in DeKalb County. The January edition of the Adams Realtors Intown Market Survey covered eight submarkets in the DeKalb portion of the City of Atlanta. Only one submarket was close to the -27% […]

Atlanta Intown Market Survey-3

By KevinClemmons | January 29, 2009

The Adams Realtors January 2009 Intown Market Survey for the INTOWN SOUTH submarkets reflected a continued erosion of Average Sales Prices and all but one submarket experienced a decline in the Number of Units sold. The results are as follows: Cabbagetown had an Average Sales Price of $241,029 in ’08, a decline of 13% from […]

Adams Intown Market Survey-2

By KevinClemmons | January 28, 2009

The January edition of our Intown Market Survey analyzed 25 Intown Atlanta real estate submarkets. The “unweighted” Average Sales Price for calendar year 2008 for single family homes in the survey was $349,575. This was down about 7.2% from calendar year 2007. Much less than the “horror stories” reported in real estate markets in suburban […]

Intown Atlanta Residential Market Survey

By KevinClemmons | January 28, 2009

Adams Realtors conducts a monthly survey of Atlanta’s Intown residential real estate market.We compare sales data for each submarket on a rolling 12 month basis. The categories are “Average Sales Price”, number of “Days on the Market” and the “Number of Units Sold”.Our January 2009 report compared the time periods January 2007 – December 2007 […]

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About Us

• As a native Atlantan who grew up in a house built by my grandparents in 1902 across the street from Grant Park, I have always loved the City’s downtown and historic intown neighborhoods. I went to school from the first grade through graduate school in downtown Atlanta.

As a child growing up in the 1950s and 1960s, I witnessed and mourned the decline of those wonderful old “close-in” neighborhoods and their business districts. By the time I was in my early 20s in the late ’60s, I had gotten involved in early intown revitalization efforts in Grant Park under the auspices of a program known as “Model Cities.” After a tour of duty in the Army and Graduate Business School at Georgia State University, I joined the forerunner of the Grant Park Neighborhood Association in late 1974. In the early 1970s most intown neighborhoods were “redlined” by banks and neglected by the local government. The neighborhood revitalization movement in Atlanta was in its infancy. Banks refused to make real estate loans in these “high-risk” neighborhoods. The level of city services was poor and to make matters worse, the city had rezoned many of these neighborhoods from single-family to multifamily residential in the 1950s.

I became a neighborhood activist in Grant Park and, along with others, helped to bring about one of the largest “down zonings” in City history, converting the area back to single-family/duplex zoning from apartment zoning. I was also a community representative and later President of the local Neighborhood Housing Services program, which helped local lenders understand the housing market in the City’s neighborhoods and helped end their practice of not making loans in these communities. I later served as a neighborhood association and Neighborhood Planning Unit (NPU) Chair as well as a board member of the civic groups working to restore the Cyclorama in Grant Park and historic Oakland Cemetery.

All these experiences have had a profound effect on me and the company that I founded in 1979. I had a commercial real estate background but came to realize that strong neighborhoods are vital to a city’s quality of life and its commercial core. Adams Commercial’s approach to real estate has always reflected the values of neighborhood activism. Our transactions involve people, not just numbers. We are in the problem solving and information business. After more than 40 years of service, our goal is to complete our client’s purchase or investment while at the same time adding value to the community through that transaction.

I hope that you find our website to be a helpful tool whether you are planning to buy, sell or are trying to get a good feel for the state of the commercial real estate market in Atlanta. If you have any questions or comments, please e-mail me at wtadams@adamscre.com. If you have an interest in commercial real estate, please visit our Adams Commercial Real Estate Website at adamscre.com.

Thanks,

Bill Adams, MBA, CCIM, ALC, CRB
President
ADAMS COMMERCIAL REAL ESTATE
Atlanta, GA

Our Core Values: Success, Integrity, Wisdom, Dependability, Community

At Adams Commercial we define SUCCESS when our clients get up from their closing with a smile. To accomplish this,  we start by putting the needs of our clients first, which to us is the essence of INTEGRITY. We bring the collective WISDOM of our agents to every real estate deal … wisdom that comes only from the company’s years of business experience and expertise in intown markets. Whether it is showing up at the appointed time or making sure all details are noted and deadlines met, we believe DEPENDABILITY is also an essential ingredient of a successful real estate transaction. We believe that your successful purchase or sale adds value to COMMUNITY. And we are proud to play a role in building and sustaining a thriving community.

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lauren@adamscre.com
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