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Source: http://news.yahoo.com/malaysia-religious-row-over-threat-christianity-053305982.html
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 Last October, I wrote that land values were on the rise in North Metro Atlanta and recent activity reinforces that article with more certainty. This is great news for all of us, but especially homeowners who had seen land values drop by about 40% from the highs of the market in 2007. This upward trend was inevitable, but it's been my experience recently with several other pieces of land available that many buyers are still quite reluctant to accept this upward trend as reality. I think there are a number of reasons for the uptick in values. What this means is that if you want to buy land, yesterday was better than today and tomorrow it will cost you more. This is irrefutable at this point and barring another major downturn (very unlikely), will in all likelihood continue. It does not mean however that your home is worth more - just the dirt underneath it. There are other factors in play affecting the values of the existing retail inventory of homes not the least of which is new construction.
Last October, I wrote that land values were on the rise in North Metro Atlanta and recent activity reinforces that article with more certainty. This is great news for all of us, but especially homeowners who had seen land values drop by about 40% from the highs of the market in 2007. This upward trend was inevitable, but it's been my experience recently with several other pieces of land available that many buyers are still quite reluctant to accept this upward trend as reality. I think there are a number of reasons for the uptick in values. What this means is that if you want to buy land, yesterday was better than today and tomorrow it will cost you more. This is irrefutable at this point and barring another major downturn (very unlikely), will in all likelihood continue. It does not mean however that your home is worth more - just the dirt underneath it. There are other factors in play affecting the values of the existing retail inventory of homes not the least of which is new construction. Earlier today, we closed on this 2.5 acre property with a small brick ranch that will be torn down on Hopewell just north of Redd for $140,000. That's a sale at 56K an acre for a property with frontage on a fairly busy road with a bit of road noise to boot. Couple that with the fact that a portion of the property was in a flood plain and it would be easy to make the case that an ideal setting would easily fetch over $70,000/acre in today's market. If that's not enough, there was another recent sale on Mid Broadwell that is even more exciting.
Earlier today, we closed on this 2.5 acre property with a small brick ranch that will be torn down on Hopewell just north of Redd for $140,000. That's a sale at 56K an acre for a property with frontage on a fairly busy road with a bit of road noise to boot. Couple that with the fact that a portion of the property was in a flood plain and it would be easy to make the case that an ideal setting would easily fetch over $70,000/acre in today's market. If that's not enough, there was another recent sale on Mid Broadwell that is even more exciting. Barn image courtesy of NorthFulton.com.
Barn image courtesy of NorthFulton.com.
 Lisa Phillips is a success coach based in Sydney, Australia.? Her passion is helping people really love, accept and believe in themselves. Prior to becoming a success coach, her background was in Finance and Change Management and, at a time when it seemed that her life was falling apart, she decided to get into Neuro Linguistic Programming (NLP) and Success coaching. ?Not only was she able to turn her own life around but her holistic approach in working with clients allows them to make an effortless transformation in their lives.? In addition to her formal training, she has completed workshops and courses with many of the world?s leading self development experts, including Debbie Ford, Doreen Virtue, Erkhart Tolle and Louise L. Hay.? Lisa is also a regular contributor to many Australian magazines including Cosmopolitan, Women's Health, Weight? Watchers and Dolly.???She also runs her own ?Spiritual and Irritable? radio show.
Lisa Phillips is a success coach based in Sydney, Australia.? Her passion is helping people really love, accept and believe in themselves. Prior to becoming a success coach, her background was in Finance and Change Management and, at a time when it seemed that her life was falling apart, she decided to get into Neuro Linguistic Programming (NLP) and Success coaching. ?Not only was she able to turn her own life around but her holistic approach in working with clients allows them to make an effortless transformation in their lives.? In addition to her formal training, she has completed workshops and courses with many of the world?s leading self development experts, including Debbie Ford, Doreen Virtue, Erkhart Tolle and Louise L. Hay.? Lisa is also a regular contributor to many Australian magazines including Cosmopolitan, Women's Health, Weight? Watchers and Dolly.???She also runs her own ?Spiritual and Irritable? radio show.