Atlanta Realtors Association team winners

Top Teams Ranked by top average volume 1. Nicholas Brown Beacham & Company, Realtors Average sales volume: $43,443,553.11 2. William Ansley Ansley Atlanta Real Estate LLC Average sales volume: $33,664,647.20 3. Jonathan Rich Keller Knapp Realty–Decatur Average sales volume: $26,128,285.00 4. Natalie Gregory Keller Williams Realty Metro Atlanta Average sales volume: $23,695,816.00 5. Travis Reed Harry Norman, Realtors Average sales volume: $21,434,702.50 6. Mary Stuart Iverson Harry…

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The best of the best is recognized

Last Saturday evening, I had the pleasure of recognizing over 1,100 of Atlanta’s finest Realtors in the residential real estate industry at the Annual Top Producer Gala at Atlanta’s beautiful Marriott Marquis. These members of the Atlanta Realtors Association are recognized for their exemplary performance and production during the prior calendar year as compared to their peers in the marketplace. With membership totals in excess of 7,000 across the metro area, this group of high achievers represents…

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‘Extraordinary’ $55M Estate in Southampton Is Most Expensive New Listing

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As the weather gets warmer, the elite of NYC decamp to the Hamptons. This summer, a lucky buyer can revel in the ultimate luxury of a $55 million spread. The most expensive new listing on realtor.com® is located in none other than Southampton, NY.

The pristine farmland, miles of beaches, and extravagant old-money mansions of this lovely locale have served as inspiration for home buyer and artist alike.

Abstract expressionist Jackson Pollock painted here, as did pop art painter Roy Lichtenstein.

Oceanfront estate

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As properties go, this oceanfront offering is a masterpiece in its own right. Owning this “extraordinary” estate, last sold in 2004 for $19 million, according to public records, “may only happen once in a lifetime,” according to the listing.

“It’s very private. It’s got a lot of frontage on the ocean,” says listing agent Harald Grant, who was already busy showing the place to potential buyers when we spoke with him.

While he declined to confirm the current seller, the place previously belonged to Roone Arledge, the legendary broadcasting executive who died in 2002.

Casual dining and family space with deck access

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Built in1991, the property sits on about 4.5 acres and comes with views of the ocean as well as farmed fields and ponds.

Not only will you have privacy from neighbors, you’ll also get plenty of personal space from your guests. With 8,225 square feet of living space, eight beds, including a master and five guest suites, you can retreat into total relaxation.

The master suite offers a fireplace, office, and deck access. Communal spaces include multiple decks and a great room with fireplace and large picture windows.

Massive kitchen

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The massive kitchen includes Sub-Zero refrigerators and three Bosch dishwashers. There’s an informal dining space which opens to a back deck.

A staircase from the kitchen takes you to the roof deck with views in every direction. The formal dining room seats 12.

Roof deck with a view

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Outside, if you don’t want to dip into the ocean, you can swim laps in the heated pool. Or heck, free your creative impulse and paint your sumptuous surroundings. We’re sure the next resident of this big beach retreat won’t lack for inspiration!

• For more photos and details, check out the full listing.
• Homes for sale in Southampton, NY
• Learn more about Southampton, NY

The post ‘Extraordinary’ $55M Estate in Southampton Is Most Expensive New Listing appeared first on Real Estate News & Advice | realtor.com®.

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Apartment Market Slumps as Supply Surges

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Apartment landlords across the U.S. struggled through a tough first quarter as a slowdown in the rental market grew worse.

Rents in the first quarter declined or were flat in 28 of the 79 metropolitan areas covered by Reis Inc., including New York, Portland, Denver, Boston, Los Angeles and Washington, D.C. That was up from 14 markets with lower or flat rents in the fourth quarter.

Average rents nationwide, meanwhile, increased 3.1% in the first quarter compared with a year earlier, down from the more than 5% growth they posted a year ago, according to Reis.

Apartment occupancy declined to 94.5% from 95.1% at the end of the third quarter as supply increased, according to separate data from apartment tracker Axiometrics Inc. released Thursday. Across the U.S., apartment developers delivered 100,000 more new units than were leased in the quarter.

“We didn’t get a lot of demand and at the same time we got a lot of supply,” said Greg Willett, chief economist at RealPage Inc., which recently acquired Axiometrics.

Mr. Willett said the mismatch is especially pronounced at the high end, where rent growth is flat or negative in most metro areas.

The country’s two priciest markets were particularly sluggish. Rents in San Francisco fell 1.3% in the first quarter compared with a year earlier, while New York rents dipped 0.6%, according to Reis.

“To some degree it looks like operators have panicked in the Bay Area and New York,” Mr. Willett said.

Real-estate agents in the Bay Area said tenants renewing leases there have been able to convince their landlords not to raise rents. Those moving into newer buildings often receive two months free rent and six months to a year of free parking—incentives potentially worth thousands of dollars.

“There are very good deals to be had,” said Ron Stern, chief executive of Bay Rentals.

Houston also has been sluggish, as supply swelled and the economy softened on the energy-market slump.

“Houston, you are experiencing concessions or just flat-out adjustments of the effective rent,” said Brad Taylor, managing partner for the central region at JPI, an Irving, Texas-based real-estate developer. “The amount that someone has been writing their rent check for has been dropping.”

Analysts had expected that 2017 would mark a significant slowdown for the rental market, which had already shown signs of softening in New York, San Francisco and a few other major cities. This quarter’s data show that the predictions are coming true.

Even tougher times might be ahead. The winter months are typically slow, but as demand is expected to pick up this spring it is likely to be overwhelmed by increasing supply. The average number of new apartments finished in each of the next few quarters is expected to climb to 102,000 from 82,000 in late 2016 and early 2017, according to Axiometrics.

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Where’s Wondo? Soccer Star Chris Wondolowski Selling San Ramon Home

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Over the past decade, no one has dominated the soccer pitch quite like Chris Wondolowski.

Now, he’s hoping to score another goal on the real estate market.

Wondolowski, who plays for the San Jose Earthquakes, is selling his San Ramon, CA, home for $964,000. He bought the home for $621,000 in 2011—the same year he made his first appearance on the U.S. men’s soccer team.

The four-bedroom, three-bathroom house has been recently remodeled, according to the listing. It sits on a 5,300-square-foot lot just four miles away from Wondo’s hometown of Danville.

The home’s recent remodel includes work on the kitchen, bathrooms, crown molding, and wood floors. Inside, the open floor plan boasts a family room with high ceiling and a kitchen with breakfast bar.

Front exterior

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Living room

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Outside, there’s lush landscaping and a large, covered patio. A pool, clubhouse, and tennis courts are part of the community features and amenities.

Wondolowski ranks fourth in Major League Soccer history with 122 career goals. He’s the only player in league history to have scored double-digit goals in seven straight seasons.

The forward is also a two-time winner of the MLS Golden Boot,  a three-time member of the league’s Best XI teams, the 2012 MLS MVP, and a four-time MLS All-Star.

Thanks to his MLS success, he’s been on the U.S. Men’s National Team roster cycle since 2011. In 35 appearances with the USMNT, he’s scored 11 goals, including a famous hat trick performance in 2013 wearing a kit that misspelled his last name on the back. Let’s hope his name is spelled correctly on the sales paperwork!

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6 tips for making your home a minimalist masterpiece from celebrity realtor Richard Nassimi

Spring is in the air! If you’re hoping to give your home a seasonal refresh, celebrity realtor Richard Nassimi has some tips on how you can spruce your space up by paring down. As the CEO of The Nassimi Group, Nassimi has helped stars like actress Lindsey Lohan, musician Bow Wow and basketball player Jeremy Lin with their luxury apartments searches, and specializes in creating minimalist design concepts for pre-furnished homes. Read on for some of Nassimi’s top pointers on how to achieve a simple, clean and high-end aesthetic in your space.

1. “One of the best ways to achieve a minimalist atmosphere in your home is to limit the number of furnishings to just a few key pieces,” says Nassimi. “In our living rooms, we might only have a couch, another chair, a coffee table, and a couple of lamps. Or even less – a bedroom might only have a simple bed, a dresser, and night stand. It’s all about quality over quantity. The fewer pieces of furniture, the better.”

RELATED: 6 ways to add passive solar features to your home

2. “The next step is to think ‘out of sight’,” says Chanel Korby, Business Development Director at TNG. “Except for the bare essential furniture, there should be nothing else on the floors. Generally, TNG stores items out of sight (drawers, cabinets, etc.) except for a few simple decorations. We also keep surfaces clear -there are no knickknacks, stacks of books, papers etc.”

3. Korby also recommends anchoring furnishings to the perimeter of a room in order to keep floor space open for an unobstructed flow. The more of your floor surface that is visible, the more your eye perceives a larger space.

4. Nassimi says he also favors the use of plain window treatments. “The TNG team prefers very simple window coverings because too many ornate coverings around the windows can make the space appear too busy,” he explains.

5. “The final thing to consider is the addition of simple accent decorations,” says Korby. “Otherwise, a home would be too boring. We typically just use simple vase with a few flowers or bare walls with a piece of art, like a drawing or a photo.”

To see more of The Nassimi Group’s minimalist-luxe listings, visit their website via the link below.

+ The Nassimi Group

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David Bowie’s Former NYC Condo Hits the Market for $6.5M

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The Manhattan condo where Iman and David Bowie lived for 20 years has come on the market, priced at $6.5 million, according to LLNYC.

The couple resided in the Central Park South apartment in the famed Essex House hotel from 1992 to 2002. Although the condo has had at least three owners since Bowie, his Yamaha piano conveys with the apartment. Imagine playing “Fur Elise” on Bowie’s piano!

The 1,877-square-foot condo features a limestone entry foyer, large picture windows with Central Park views, and a 28-foot-wide living room which opens to a walnut-paneled office. The newly renovated, pass-through kitchen boasts a double-drawer Sub-Zero refrigerator and polished granite countertops.

Living room with Bowie’s piano

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Office with a view

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One of the two master bedrooms features a separate dressing area and a bath with rain shower and heated floors. Another master bathroom was, for a time, a panic room for the Bowies; it is again a water closet.

Bowie, who died in 2016 at the age of 69, was a pop singer and musical innovator for over 50 years. He sold more than 140 million records worldwide. Iman is a model, actress, and entrepreneur. They married in 1992.

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