featuring
3147 WATSONS BEND
COVER FEATURE JUDY FUNK 404-317-5783
Alpharetta 3147 Watsons Bend $3,750,000 8 Bedrooms | 8 Full Baths | 4 Half Baths This magnificent 4.4Âą acre gated estate includes its own personal private paradise that boasts a heated pool with rock waterfall, stone fire pit, outdoor kitchen with two pizza ovens, athletic field, basketball court and batting cage. This masterpiece features three levels with judges paneled library, formal dining room, two-story great room, media room, wine cellar and more! The main level master retreat overlooks the gorgeous backyard and has a limestone fireplace, seating area, private laundry room, morning bar and beautiful master bath with whirlpool tub and tremendous walk-in closet.
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Harry Norman HOME | FALL 2019
HarryNorman.com 3
ATLANTA REAL ESTATE MARKET FORECAST At Harry Norman, REALTORS® we take our role of trusted real estate advisor seriously. Providing market expertise so you can make sound decisions for your loved ones and for the benefit of the financial investment in your home(s). A question surfacing more frequently is how housing will be impacted related to economic news headlines. News that the yield curve inverted in August or the stock market volatility or even some economists forecasting a recession sometime within the next 18 months…what does that mean for real estate? It means we should look thoughtfully at the full picture to gain a proper perspective. A good rule of thumb in forecasting is considering four key components: The National Unemployment Rate is 3.7% through July 2019. Georgia’s rate is 3.6%. EMPLOYMENT RATE
Businesses relocating to metro Atlanta and Georgia remain strong. Our state is recognized as the leader of top states for doing business.
Appreciation is predicted to continue annually 2019-2023.
APPRECIATION
According to the Home Price Expectation Survey of 2019, economists and financial experts project home prices to appreciate each year from 2019–2023, regardless of if there is a temporary economic slowdown or not. If an economic adjustment is to occur, it does not mean that prices will fall, in fact experts predict it will rise. Interestingly, according to CoreLogic’s National Home Price Index, home prices appreciated in three of the last five recessions. In Atlanta demand remains strong overall however price range and location are important factors in assessing your specific situation.
SUPPLY & DEMAND
Sales performance indicators are strong within our local market and across our business. In July, our company outperformed the same time last year in all segments (brokerage, mortgage, title and insurance). Although average home prices have increased so has purchasing power.
AFFORDABILITY
Data from the National Association of REALTORS® indicates that the historic norm of repayments is 21.2% of income, in summer of 2019 that rate is hovering at 16.5%. In short, even though prices continue to rise, purchasing power is stronger than the historic normal.
In summary, should there be an adjustment, our local fundamentals are well positioned to remain solid as is real estate overall. A variety of factors can trigger economic adjustments but the state of housing is significantly different than in the last recession. This is good news for anyone thinking of a move or considering a purchase or sale. If you would like a personalized perspective on your real estate needs, it would be our pleasure to do so. 4
Harry Norman HOME | FALL 2019
Buckhead 3617 Tuxedo Court $3,995,000 6 Bedrooms | 7 Full Baths | 3 Half Baths
PRICE CURTIS 404-583-2836
Buckhead 41 Blackland Road
Buckhead 350 Argonne Drive
$1,495,000 3 Bedrooms | 2 Full Baths | 1 Half Bath
$2,450,000 5 Bedrooms | 6 Full Baths | 2 Half Baths
KATE McKENZIE 678-642-6427
ALLISON SINKLER 404-240-2759 HarryNorman.com 5
Buckhead 70 Abington Court NW
Buckhead 477 Overbrook Drive
$1,595,000 5 Bedrooms | 4 Full Baths | 1 Half Bath
$999,000 5 Bedrooms | 3 Full Baths | 1 Half Bath
PRICE CURTIS 404-583-2836 6
Harry Norman HOME | FALL 2019
CAROL YOUNG 404-307-6176
Buckhead 4934 Powers Ferry Road $3,800,000 6 Bedrooms | 7 Full Baths | 4 Half Baths
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770 HarryNorman.com 7
KELLY BOUDREAU 404-456-0536
FABULOUS NEW CONSTRUCTION IN COVETED KINGSWOOD NEIGHBORHOOD! Buckhead 3498 Paces Valley Road NW $3,695,000 6 Bedrooms | 6 Full Baths | 2 Half Baths
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Harry Norman HOME | FALL 2019
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
Buckhead 3221 West Andrews Drive NW $2,175,000 4 Bedrooms | 3 Full Baths | 1 Half Bath
HarryNorman.com 9
TWO BEAUTIFUL BUCKHEAD ESTATES
Buckhead 231 Peachtree Battle Avenue NW $2,950,000 4 Bedrooms | 3 Full Baths | 2 Half Baths
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Harry Norman HOME | FALL 2019
STUDIE YOUNG 404-808-4142
Buckhead 3150 Habersham Road NW $3,750,000 5 Bedrooms | 5 Full Baths
HarryNorman.com 11
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
Buckhead 370 Ivy Knoll $1,699,000 6 Bedrooms | 6 Full Baths | 2 Half Baths
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Harry Norman HOME | FALL 2019
JAMES SIMONS 404-317-1185
Buckhead 430 Argonne Drive $2,395,000 3 Bedrooms | 3 Full Baths | 1 Half Bath
UNDER CONTRACT 1 Austell Way $1,775,000 4 Bedrooms | 3 Full Baths | 1 Half Bath HarryNorman.com 13
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Harry Norman HOME | FALL 2019
Buckhead 10 Valley Road NW $4,495,000 6 Bedrooms | 6 Full Baths | 2 Half Baths
TRAVIS REED 404-617-1770
MARTHA SHEPHERD 404-683-1434 HarryNorman.com 15
CAROL YOUNG 404-307-6176
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SPACIOUS TOWNHOME LIVING
Buckhead 2525 Peachtree Road #8
Buckhead 78 Lindbergh Drive #30
$1,695,000 3 Bedrooms | 3 Full Baths | 1 Half Bath
$1,100,000 3 Bedrooms | 3 Full Baths | 1 Half Bath
Harry Norman HOME | FALL 2019
PRICE CURTIS 404-583-2836
Buckhead 3135 Wood Valley Road $1,995,000 5 Bedrooms | 5 Full Baths | 1 Half Bath
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
Buckhead 4685 East Conway Drive $1,375,000 4 Bedrooms | 4 Full Baths | 1 Half Bath HarryNorman.com 17
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
Buckhead 2652 Brookdale Drive NW $1,195,000 4 Bedrooms | 3 Full Baths | 1 Half Bath
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Harry Norman HOME | FALL 2019
UNDER CONTRACT Buckhead 1398 Hanover West Drive
Buckhead 460 West Paces Ferry Road
$1,210,000 5 Bedrooms | 4 Full Baths | 1 Half Bath
$1,895,000 5 Bedrooms | 5 Full Baths | 2 Half Baths
JANET HARDIN
PRICE CURTIS
404-285-1545
404-583-2836 HarryNorman.com 19
Buckhead 4360 Garmon Road $2,895,000 6 Bedrooms | 5 Full Baths | 2 Half Baths
TRAVIS REED 404-617-1770 20
Harry Norman HOME | FALL 2019
MICHAEL KRIETHE 404-357-1770
HarryNorman.com 21
SISTER HOOD 404-401-1163
Buckhead 4481 Northside Parkway $1,250,000 3 Bedrooms | 3 Full Baths | 1 Half Bath
JULENE HODGES 404-275-2302
Buckhead 3524 Paces Place NW $539,000 3 Bedrooms | 3 Full Baths | 1 Half Bath 22
Harry Norman HOME | FALL 2019
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
CLASSIC BILL HARRISON DESIGN ON AN ACRE CUL-DE-SAC LOT.
Buckhead 4179 Randall Court $2,595,000 6 Bedrooms | 6 Full Baths | 4 Half Baths
HarryNorman.com 23
JAMES SIMONS 404-317-1185
Buckhead 2796 Margaret Mitchell Drive $1,895,000 6 Bedrooms | 5 Full Baths | 1 Half Bath
SOLD Buckhead 132 Peachtree Way $1,050,000 4 Bedrooms | 3 Full Baths 24
Harry Norman HOME | FALL 2019
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
Buckhead 92 Old Ivy Road NE, Unit #7 $1,135,000 4 Bedrooms | 4 Full Baths | 1 Half Bath
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TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
Buckhead 3881 Land O’ Lakes Drive $819,000 4 Bedrooms | 3 Full Baths | 1 Half Bath
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Harry Norman HOME | FALL 2019
Brookhaven 2286 Garrison Street
Brookhaven 805 Springside Court NE
$935,000 3 Bedrooms | 3 Full Baths | 1 Half Bath
$1,050,000 6 Bedrooms | 5 Full Baths
CAROLYN CALLOWAY
JULENE HODGES
404-312-6700
404-275-2302 HarryNorman.com 27
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
Garden Hills 483 East Wesley Road NE $1,395,000 6 Bedrooms | 4 Full Baths | 1 Half Bath
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Harry Norman HOME | FALL 2019
PATTY WEBB 404-414-7644
LOCATED IN DESIRABLE GARDEN HILLS WITH A BACKYARD OASIS Garden Hills 380 Pine Tree Drive NE $2,595,000 6 Bedrooms | 5 Full Baths | 2 Half Baths
HarryNorman.com 29
TRAVIS REED 404-617-1770
MICHAEL KRIETHE 404-357-1770
Druid Hills 1424 Fairview Road $2,995,000 6 Bedrooms | 5 Full Baths | 2 Half Baths
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Harry Norman HOME | FALL 2019
KELLY BOUDREAU 404-456-0536
BC Buckhead Battle Creek Subdivision Enclave of Six New Luxury Homes located off Peachtree Battle Avenue Price from $1,849,000 - $1,995,000
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Buckhead / Sandy Springs 4864 Northside Drive
Druid Hills 871 Springdale Road
$2,599,000 4 Bedrooms | 4 Full Baths | 2 Half Baths
$1,650,000 5 Bedrooms | 4 Full Baths | 1 Half Bath
TERESA WATERS
PAULA HEER
404-805-4060
678-427-7194
Harry Norman HOME | FALL 2019
SOLD Morningside 1326 Lanier Boulevard
Atlanta / East Lake 2516 Alston Drive SE
$1,850,000 5 Bedrooms | 5 Full Baths | 1 Half Bath
$699,000 3 Bedrooms | 3 Full Baths | 1 Half Bath
CAROLYN CALLOWAY 404-312-6700
SHERRY WREN 404-964-7080
MATT WREN 404-731-8300 HarryNorman.com 33
KELLY BOUDREAU 404-456-0536
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Chastain 246 Lafayette Way
Chastain 5001 Rebel Trail
$1,899,900 6 Bedrooms | 6 Full Baths | 1 Half Bath
$1,845,000 5 Bedrooms | 5 Full Baths | 1 Half Bath
Harry Norman HOME | FALL 2019
SOLD Sandy Springs 5595 Cross Gate Drive
Sandy Springs 890 Marseilles Drive
$2,387,500 5 Bedrooms | 5 Full Baths | 1 Half Bath
$1,420,000 5 Bedrooms | 4 Full Baths
RUSSELL A. GRAY 678-612-4247
DAN EDWARDS 404-697-7194
RUSSELL A. GRAY 678-612-4247 HarryNorman.com 35
SHERI HARDY 404-368-4888
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TWO FABULOUS SANDY SPRINGS HOMES
Sandy Springs 545 Franklin Road
Sandy Springs 6552 Long Acres Drive
$1,520,000 4 Bedrooms | 4 Full Baths | 1 Half Bath
$1,549,000 6 Bedrooms | 6 Full Baths | 1 Half Bath
Harry Norman HOME | FALL 2019
KELLY BOUDREAU 404-456-0536
Sandy Springs 6285 Riverside Drive $3,350,000 5 Bedrooms | 5 Full Baths | 2 Half Baths
Sandy Springs 6526 Cherry Tree Lane $1,450,000 5 Bedrooms | 4 Full Baths | 1 Half Bath HarryNorman.com 37
Roswell 730 Winnmark Court
Alpharetta 3112 West Addison Drive
$800,000 5 Bedrooms | 5 Full Baths | 2 Half Baths
$1,249,000 6 Bedrooms | 6 Full Baths | 1 Half Bath
AMY BAROCAS 404-790-0913 38
Harry Norman HOME | FALL 2019
PEGGY FELDMAN 404-310-0895
MARGIE SMITH 770-365-8886
STUNNING ALPHARETTA ESTATES
McGRAW & ASSOCIATES 678-642-8227
Alpharetta 15335 Tullgean Drive
Alpharetta 825 Liberty Grove Road
$1,250,000 6 Bedrooms | 5 Full Baths | 1 Half Bath
$2,200,000 4 Bedrooms | 5 Full Baths | 2 Half Baths HarryNorman.com 39
MARGIE SMITH 770-365-8886
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Alpharetta 3153 East Addison Drive
Alpharetta 3130 West Addison Drive
$1,599,000 5 Bedrooms | 5 Full Baths | 2 Half Baths
$2,399,000 6 Bedrooms | 7 Full Baths | 2 Half Baths
Harry Norman HOME | FALL 2019
Alpharetta 620 Elizabeth Oaks Court
Alpharetta 915 Hillsleigh Road
$1,340,000 6 Bedrooms | 6 Full Baths | 1 Half Bath
$1,495,000 5 Bedrooms | 4 Full Baths | 1 Half Bath
MARY ELLEN MACKE 404-310-5933
MARY ELLEN MACKE
ANN WALLIN
404-310-5933
404-863-6653 HarryNorman.com 41
PHEBE ETHEREDGE 404-374-8458
NANCY ETHEREDGE 404-527-9050
Atlanta Country Club 110 Cherry Hill Drive $1,895,000 5 Bedrooms | 6 Full Baths | 3 Half Baths
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Harry Norman HOME | FALL 2019
JULIE ALTENBACH 678-576-5372
Marietta 4601 Wynmeade Park NE $1,225,000 4 Bedrooms | 4 Full Baths | 1 Half Bath
SANDRA DANIELS 770-815-5946
JULIE ALTENBACH 678-576-5372
Marietta 511 Westbury Park Place $1,375,000 6 Bedrooms | 6 Full Baths | 2 Half Baths HarryNorman.com 43
East Cobb 1530 Soaring Hawk Point
Johns Creek 365 Citadella Court
$1,499,000 5 Bedrooms | 5 Full Baths | 3 Half Baths
$2,950,000 7 Bedrooms | 8 Full Baths | 2 Half Baths
PAGE HENRY 770-366-1747 44
Harry Norman HOME | FALL 2019
CARL HENRY 404-444-1112
ANN WALLIN 404-863-6653
JACKIE SPOTA 770-841-8067
Clarkesville 72 Emmaus Lane
Ball Ground 130 Woodhaven Lane
$1,459,000 4 Bedrooms | 2 Full Baths
$1,200,000 4 Bedrooms | 3 Full Baths | 2 Half Baths
CODY STOWERS
McGRAW & ASSOCIATES
678-656-9062
678-642-8227 HarryNorman.com 45
JULIE RAY 706-633-3964
Blue Ridge 223 Mountain Tops Road $874,000 4 Bedrooms | 4 Full Baths | 1 Half Bath
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Harry Norman HOME | FALL 2019
Big Canoe 741 Falcon Heights
Waleska 6000 Salacoa Road
$874,900 4 Bedrooms | 3 Full Baths | 1 Half Bath
$3,500,000 2 Bedrooms | 1 Full Bath | 1 Half Bath
CAROLYN CALLOWAY 404-312-6700
DOUG HOSMER
SISTER HOOD 404-401-1163
770-335-7675 HarryNorman.com 47
Madison 2911 Clack Road
Lake Oconee 1201 Oconee Farms Road
$2,150,000 6 Bedrooms | 5 Full Baths | 3 Half Baths
$1,299,000 3 Bedrooms | 2 Full Baths | 1 Half Bath
McGRAW & ASSOCIATES 678-642-8227 48
Harry Norman HOME | FALL 2019
SISTER HOOD 404-401-1163
MAGNIFICENT VIEWS Lake Rabun 80 Gander Lane $1,275,000 6 Bedrooms | 5 Full Baths | 1 Half Bath MARY COBB STONE 404-226-0942 HarryNorman.com 49
SARAH GILLESPIE 404-735-6157
SOLD Lake Rabun 3914 Brandon Mill Road $2,975,000 5 Bedrooms | 5 Full Baths | 1 Half Bath
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Harry Norman HOME | FALL 2019
THE LAKE TEAM 706-715-5550
UNDER CONTRACT Lake Rabun 63 Witham Point
Lake Rabun 84 Tupelo Lane
$1,990,000 3 Bedrooms | 2 Full Baths | 1 Half Bath
$1,595,000 5 Bedrooms | 5 Full Baths | 1 Half Bath HarryNorman.com 51
THE LAKE TEAM 706-715-5550
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Lake Burton 83 Cricket Junction Lane
Lake Seed 2857 Crow Creek Road
$1,795,000 3 Bedrooms | 3 Full Baths | 1 Half Bath
$875,000 3 Bedrooms | 3 Full Baths
Harry Norman HOME | FALL 2019
UNDER CONTRACT Lake Burton 3272 Moccasin Creek Road $2,795,000 5 Bedrooms | 4 Full Baths | 1 Half Bath SARAH GILLESPIE 404-735-6157 HarryNorman.com 53
LEIGH BARNETT 404-931-3636
JULIE BARNETT 404-697-3860
Lake Burton 41 Lady Bug Lane $5,900,000 6 Bedrooms | 6 Full Baths | 1 Half Bath
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Harry Norman HOME | FALL 2019
JULIE BARNETT 404-697-3860
Lake Burton 986 Perrin Cove Road
Lake Burton 38 Sourwood Trail
$5,650,000 5 Bedrooms | 5 Full Baths | 2 Half Baths
$5,250,000 5 Bedrooms | 5 Full Baths | 1 Half Bath HarryNorman.com 55
JULIE BARNETT 404-697-3860
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Lake Burton 2869 Laurel Lodge Road
Lake Burton 87 Lynchburg Lane
$2,645,000 6 Bedrooms | 4 Full Baths | 1 Half Bath
$3,750,000 7 Bedrooms | 5 Full Baths | 2 Half Baths
Harry Norman HOME | FALL 2019
EVELYN HEALD 404-372-5698
Waterfall at Lake Burton 157 Grey Fox Trail
Waterfall at Lake Burton 56 Emmaus Lane
$1,499,000 5 Bedrooms | 5 Full Baths | 1 Half Bath
$1,849,000 5 Bedrooms | 4 Full Baths HarryNorman.com 57