Newnan, GA Real Estate News

By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
As the first chill of the season stealthily descended into Newnan Georgia last night, I turned on the furnace for the first time this year. It served as an unpleasant reminder that the cold, dark days of Winter are just around the corner. And although I can’t do anything about it, it is a bit depressing to say the least. One of the reasons that I moved to Georgia so many years ago was to escape the frigid Winters of Western Pennsylvania. By contrast,Georgia enjoys a relatively temperate climate. But with each passing year of living in the South, it FEELS colder to me. Perhaps it is just age, but my preference would be a life of perpetual Spring and Autumn with mild days and cool nights. But ready or not, Winter is on the way. And it’s time to prepare for it! And I’m already looking forw...
Comments 17
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
Inventories of REO properties and HUD homes in Coweta County Georgia are at one of the lowest levels in years. In addition, the number of foreclosures advertised for sale on the courthouse steps is about a third of what it was at the peak of the madness. But what does this really mean for the Coweta County real estate market? For those of us in the business, there is a sneaking suspicion that this reduction in distressed property for sale is NOT an indicator of better economic factors. More than likely, it is the direct result of lien-holders working with owners that are in trouble and allowing them to stay in their homes longer. And as the tine between default and foreclosure increases, inventory shrinks proportionately. It’s a short term effect, and not a long term fix. And it may be ...
Comments 10
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
Chattahoochee Bend State Park will allow hunters to harvest deer and feral hogs and kill coyotes for two days this December. Thirty bucks will allow you to harvest two bucks (or does) after a mandatory pre-hunt meeting with park officials. After debating the issue on the “Friends” Facebook Group, I was a bit surprised to see that many support the hunt. One commenter even complained about seeing three herds of deer on a twilight ride. Another said that deer were a dangerous threat to park visitors. That prompted this reply from me: “I guess I'm just a silly old man, but when I go to a park I WANT to see deer and coyotes and other forms of wildlife. If I saw three herds I would be thrilled! The park speed limit is 20 MPH, so I don't think that the threat of injury is all that great. If th...
Comments 7
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
The Kiwanis Coweta County Fair is one of the most popular annual events in the Newnan area. The fair attracts thousands of visitors during its ten day run and features agricultural competitions, arts and crafts displays, and of course, the electrifying midway. The main attraction is replete with carnival rides, games of skill, thrilling shows and my favorite: fair food! The Coweta County Fairground is a magnificent facility with easy access from Interstate 85 (exit 41) and plenty of free parking. For complete information about ticket prices, hours of operation and directions visit the official website for the Kiwanis Coweta County Fair.  
Comments 3
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
HUD homes for sale in Coweta County Georgia are becoming more scarce with each passing day. And while at first that seems like good news, it really has me thinking that there is foul play afoot, Because the number of foreclosures has not abated one has to wonder if the so called “shadow inventory” is growing as fast as the National Debt. Is this a Keynesian attempt at market stabilization or is the motivation purely political? Either way there is trouble looming ahead when these houses are finally released into an already tenuous market. My preference would be to sell them as soon as they can be sold. Otherwise they will simply be stripped by vandals and left to decay into oblivion. If that is the intent of the powers that be may I offer this admonition? Let the houses go!
Comments 12
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
Yesterday I went on a photography expedition to Chattahoochee Bend State Park. It’s Georgia’s newest state park, and it is located right here in Coweta County. Since it has opened on July 1, I have made over a dozen trips to the park and I now know my way around, and I have a great feel for where I am. What makes the exploration a little more interesting is that I knew this area BEFORE it was a park. And it has been a challenge to locate old landmarks relative to the new access and park roads. But parks are not just about facilities and roads. It’s about the underlying reasons that the park was created in the first place. And once I had a firm grasp of the “big picture,” it was time to take a closer look. As I wandered around a rock outcropping, I took notice of the “small” world of ti...
Comments 7
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
The economic foundation of any community is jobs. And jobs in the healthcare sector are considered to be some strongest in terms on both longevity and compensation. So the Newnan Piedmont Hospital will provide a much-needed boost to an economy that has suffered a significant slowdown over the last few years. There were several snags and roadblocks along the way, including a halt on construction as some of kinks were worked out on the project. But the hospital will be a reality soon, thanks to persistence and the skill of construction crews erecting the facility. In addition to the hospital, a new Cancer Center is also being constructed, and soon Newnan will become a Mecca for those seeking superior healthcare services. And the thousands of people that will be working there will need hou...
Comments 5
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
In just a few short weeks since it has opened, Chattahoochee Bend State Park has transformed Newnan and Coweta County into a “destination!” People now flock to visit this natural treasure which is now open to the public. And it’s not just people from around the state of Georgia either. I have seen license plates from many states and Canada in the park since opening day. Chattahoochee Bend State Park is not just an amenity. It will now play a major role in the future of the county. No longer will I have to explain where Coweta County is located or what we have to offer, From now on, many will find our beautiful area on their own! And while they are here, many will like what they see. And some will even want to stay! And even though completion of all of the facilities of the park is stil...
Comments 8
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
  Summer in Georgia is always hot, that’s a given! But the typical Summer weather pattern is one of both heat and humidity. That translates into hot days, and muggy nights punctuated with late afternoon and early evening thunderstorms. And typically that continues into October when the nights cool and the air dries out a bit. The only respite from the constant and oppressive heat is the sanctuary of the air-conditioned structure! This kind of weather leads to jungle-like growth in the garden, and it’s hard to control unwanted weeds and volunteer plants as nearly perfect growing conditions occur. It’s a time of lush growth and various shades of the color green are everywhere! No drought, no floods, just day after day of a tropical atmosphere that is the legendary backdrop of the Southern...
Comments 11
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
  I was out “in the county” yesterday previewing some properties. Coweta County Georgiais one of those locales that takes you directly from urban to rural is a few short miles. Much of the Eastern part of the county is Atlanta suburbia, with its accompanying tract houses and strip malls! Downtown Newnan is still classic small town America, with a center “Square” and shops, restaurants, and parks all within walking distance. As you move beyond town, the county is very rural, with pastoral landscapes, grazing livestock, and a new state park! Since it appeals to such a broad range of lifestyles, Coweta County offers something for every taste and preference! And it is certainly worth a look to all considering a move to the Greater Atlanta area!    
Comments 10
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
  Chattahoochee Bend State Park is now open! Located in Coweta County Georgia, the 2,910 acre state park is one of the largest in Georgia. It officially was dedicated and opened on July 1, 2011. The park has frontage on nearly 7 miles of the Chattahoochee River, and the public can access the river via an all-weather boat ramp. But the river is just part of what the park has to offer. There are picnic sites along the river, pavilions which can be reserved for large groups, camping facilities for both RVs and tent campers, playground facilities, and currently six miles of hiking trails. Daily access is only $5 per vehicle, or an annual Georgia Park Pass can be purchased for $50 which allows access to every State park in the Georgia system. To get to the park take Mt. Carmel Road West from...
Comments 14
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
These days, more than ever, it has become a lot more difficult to determine the value of a home’s intangible assets. While everyone can assign a dollar value for the number of bedrooms and baths, the type of construction, or even the school district, home characteristics such as being designated as historic, having a great view, or possessing a unique charm are all subjective qualities that may be difficult to appraise. And while sellers may wish to promote these properties as “one-of-a-kind,” real estate brokers and licensed appraisers alike often have difficulty finding suitable comparable properties. True fair market value is what a buyer will pay and a seller will accept without duress. If a third party is thrown into the mix, the subjective nature of the purchase offer will have t...
Comments 27
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
  Laura Ellen Beckom, a member of the Newnan-Coweta Board of Realtors, a business associate, and a great friend of mine passed away on Wednesday, June 22 2011 at her home in Newnan Georgia after a brief illness. To say that I will miss Laura Ellen in an understatement.  We worked together on many deals, and her positive attitude and beaming smile would light up any room. She always greeted me with a bubbly “hey there” when I called on the phone or when we met in person. Laura Ellen was one of the hardest workers that I have ever met. She fought tooth and nail for her clients, and always made certain that they were well served throughout their transaction.’ She was also one of the most honest people that I have ever met. She called me on more than one occasion because she thought that so...
Comments 16
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
  Last night I had one of those experiences that restored my faith in humanity and proved that true champions still do exist. I was out in my 1990 red Miata when I noticed a “flop-flop” sound under the hood. I recognized the sign as a fan belt that was about to give up the ghost. I foolishly thought that I could make it home. Then at some point I heard the belt break and the alternator light came on. “No problem,” I thought, because there is enough juice in the battery to get me home. WRONG!!!! Apparently the same belt drove the water pump. In minutes the car was steaming. I pulled over and raised the hood. Immediately a young man headed the other way asked if we needed help. I told him that my fan belt broke and he said that he would be happy to take me to the auto parts store. At this...
Comments 50
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
I had a call from a potential buyer that currently lives in a Northeastern state. As we delved into a conversation about the lifestyle in Newnan, he made an interesting observation: He said that after looking at many aerial photos of Newnan, he noticed that very few homes had swimming pools. I guess that is something that I had never really thought about before. And come to think about it, nearly all of my clients that requested swimming pools as part of their search criteria were out-of-staters, most from the Northeast. So I blurted out that “Pool Culture” was not part and parcel of life in Coweta County, and that adding a swimming pool to their “must-have” list would severely diminish their purchase opportunities. But since that call, I have been trying to think of a reason WHY we ar...
Comments 92
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
In tethered basins dangling freeBright dabs against the azure airs.Le Jardin thrives where all can seeSuspended o’er the thoroughfares!               Richard Weisser 2011 One of the special Summer touches in historic downtown Newnan is the numerous hanging baskets of beautiful flowers that punctuate the Old Courthouse Square. Newnan takes great pride in the fact that one can still visit the downtown area just for the sake of being there and enjoying the sights and the ambience. Many locals meet after work just to walk and take it all in! And of course, there are shops and restaurants for those that want to take advantage of ALL that Newnan has to offer. Newnan Georgia is small town America at its best!
Comments 5
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
They don’t call it the “Sunny South” for nothing! And while we typically expect late May and early June to be the first weeks of Summer, this year the hot temperatures that we normally experience in July and August have shown up sooner than expected. As the Bermuda High sets in over the Atlantic, we are experiencing a mid-summer heat wave with temperatures reaching the 90’s. The same phenomenon is also responsible for keeping the rain in the Midwest. And though we will be blessed with home-grown tomatoes a little earlier this year, it looks like it’s going to be one hot summer here in Newnan Georgia. Because if it’s this hot now, it’s going to be miserable in July!
Comments 12
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
Real estate has a single attribute that sets it apart from any other product; every parcel is unique! No two pieces of real estate can be situated in the same spot. The old mantra of “location, location, location” still reigns true despite the plethora of Internet housing catalogs and real estate resources. We get a lot of calls from folks in other areas of the country that are attracted by our low real estate values and bargain prices. Many tell me that they plan on selling their houses in high real estate dollar areas and come to Newnan and pay cash for their next house. Which is an excellent idea if your want to live in Newnan! Now, don’t get me wrong, Newnan is great and I love it here, but there is more to a community than the price of its real estate. Purchasing a home is not jus...
Comments 10
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
As unbelievable as it sounds, we are already well into May and the year 2011 is waxing towards its midpoint! And already we have a good enough sampling of production data to analyze where we stand and where we will probably end up at year’s end. So far, 2011 is running pretty much on a par with last year. We haven’t seen any major breakthroughs in the Newnan and Coweta County but we are holding our own and continue to see modest sales production county wide. The best properties continue to sell quickly, while those priced over market may languish for years. The demand is huge for bargain-priced real estate, not so much for the “average” seller that wants to test the market. And so, with another week in the books, we press on. Because this is what we do!
Comments 6
By Richard Weisser, Richard Weisser Retired Real Estate Professional
(Richard Weisser Realty)
As I am writing this, I am sitting outside on the deck, enjoying what will probably be some of the last cool breezes of the Spring. I suspect that we are going to have another hot Summer here in Newnan, because we have already had some afternoons pushing 90 degrees, and that was hot for April! Now that May is here, pleasant and cool mornings will slowly erode and we’ll have to wait until October for them to return. A cool breeze combined with a hot cup of coffee is a pleasure that cannot be described by mere words. It is both therapeutic and inspiring at the same time. Soon the sun will rise above the trees and the breezes will dissipate for today. Chores and work duties await. But for now, I think I’ll have a second cup!
Comments 15