Glennis Beacham Interviewed by Atlanta Business Chronicle About the State of Business in Buckhead : Luxury Real Estate Blog

Blog contributions are provided exclusively from Luxury Real Estate members throughout the world.

MAY
19

Glennis Beacham Interviewed by Atlanta Business Chronicle About the State of Business in Buckhead

Courtesy of: Dac Carver of Beacham & Company, REALTORS®

ATLANTA – Beacham & Company, REALTORS® founder Glennis Beacham says in the May 7 issue of the Atlanta Business Chronicle that home sales in Buckhead are up 46 percent in the first quarter of 2010 from the same quarter a year ago.

Beacham and three other Buckhead business leaders were asked how Buckhead has held up during the downturn compared with other metro Atlanta submarkets. Beacham said Buckhead’s rebound has far outpaced the rest of metro Atlanta, which is up just 6 percent.

Sam Massell, president of the Buckhead Coalition, was also quoted in the article in which business leaders discussed the state of Buckhead. Massell said Buckhead “was the last to be ffected (by the downturn), but, as expected, is also the first to start to rebound.”

When asked how the Buckhead business community has shown resilience during the economic recession, Beacham credited the expertise of the Buckhead business community.

“There is incredible business acumen in Buckhead and many of us share ideas with one another,” Beacham said. “Most business people saw this downturn coming and made the adjustments necessary to weather the storm.”

The business leaders were also asked to identify the largest challenge to continued growth in Buckhead in the coming years. Beacham targeted the commercial real estate market and the high inventory of condominiums.

“The greatest challenge is filling empty office and commercial space,” Beacham said. ‘The office market was especially overbuilt the last few years, and we need for all the new space to be absorbed so new construction can start again.”

About Beacham & Company, REALTORS®

Beacham & Company, REALTORS® is a residential real estate company that specializes in Atlanta's most affluent neighborhoods. The company was founded in 2006 by Glennis Beacham, one of Atlanta's most celebrated real estate agents over the last 20 years. The firm has Atlanta's highest average sales price and the top selling office by closed dollar volume of homes sold. For more information about Beacham & Company, go to www.beacham.com or call 404.261.6300. Follow Beacham & Company on Facebook and Twitter.

Posted in Luxury Market

Tags atlanta, Beacham_and_Company, Buckhead, georgia, Glennis_Beacham, luxury_real_estate, market

Bookmark It!

BlogMark 'Glennis%20Beacham%20Interviewed%20by%20Atlanta%20Business%20Chronicle%20About%20the%20State%20of%20Business%20in%20Buckhead'

Trackbacks

Use the following link to trackback from your own site:
http://blog.luxuryrealestate.com/trackbacks?article_id=glennis-beacham-interviewed-by-atlanta-business-chronicle-about-the-state-of-business-in-buckhead&day=19&month=05&year=2010

Comments

No comments

RSS feed for this post

Submit Your Blog

To submit a blog entry for consideration on this web page for FREE, please send your materials to our PR Department: pr@luxuryrealestate.com

Luxury Real Estate professionals share their thoughts and opinions about anything from luxury homes to babies born on leap year.

Luxury Real Estate