SUWANEE TALK!: ATLANTA GA - FUTURE MARKET TRENDS

ATLANTA GA - FUTURE MARKET TRENDS

It's 2010 and Atlanta is still considered a declining 
market. As a result, many potential home buyers have sat on the side
lines concerned with what their property investment will be worth over
time should they go ahead and take the plunge and buy now.

  • According to the Census Bureau, Atlanta will lead the
    nation in producing 1.7 million jobs by 2025. The
    engine behind this will be Fortune 500 companies.

    1. The Delta/Northwest merger along with NCR mov-
      ing their headquarters to metro Atlanta are prime
      examples. 

  • Fortune Magazine is predicting over 2 million more res-
    idents for the Atlanta area by 2020.

  • An average of 100,00 new residents with an average of
    60,00 jobs per year has been released in a  report by
    the Atlanta Regional Commission.

Although there is some variance in the numbers, there is still
no doubt that the concensus is that metro Atlanta 
will be a leader in new residents
and in job growth.  This translates to
good news for the future of our real estate market.


With prices low, inventory high, buyer tax credits in place
until April 30,  2010 and the projected forecast for Atlanta, NOW is the 
time to buy.





Source:  Future Home Value Trends for Metro Atlanta (Prudential Georgia Realty)


                                                            
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Comments

Thanks for posting. We always learn a lot of new information from Active Rain blogs. Best Regards,

Posted by Edward & Celia Maddox (Solutions Real Estate) 5 months ago

 










Posted by Kris Fox (Fox Real Estate) 5 months ago

Very encouraging post, Janice. We all hope and pray that these forecasts prove to be on point. The above photos  from Krix Fox only serve to underscore our need for an economic turnaround in metro ATL and our nation.

Posted by Elva Branson-Lee, CDPE (Solid Source Realty GA) 5 months ago

Everything and anything Atlanta, Georgia!  Welcome to Atlanta business, restaurants, events and more!

Posted by Atlanta, GA 3 months ago

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