subject: Atlanta Real Estate Market [print this page] Atlanta Real Estate Market Atlanta Real Estate Market
The Atlanta real estate market continues to be one the best values of any major metropolitan area in the country. The cost of living in Atlanta compared with other cities of similar size is one of the biggest factors as to why the Atlanta real estate market has not stumbled through the real estate slowdown experienced by cities around the country that have real estate markets similar to that found in Atlanta. Another reason for the strength of the Atlanta real estate market is population growth. When you live in the fastest growing area since the year 2000, it becomes difficult to have a serious slowdown in your real estate market. People moving to Atlanta need a place to live and fortunately builders have been up to the task in providing new housing in all areas of the city to give residents looking for a change and new people moving in plenty of options and choices for where to buy Atlanta real estate.
Value plays a significant role for the influx of new residents purchasing Atlanta homes for sale. Atlanta ranks about 20th in population and about 50th in home prices. That provides a tremendous incentive if you are moving from other area of the country. If you sell your home somewhere else and can buy a nicer home for the same amount of money in Atlanta, you have plenty of incentive to choose this great city. For those of you who are more fiscally conservative you can buy a similar home in Atlanta and pocket the difference to be used for other investments, college tuition or anything else.
One more reason for the strong real estate market in Atlanta is that Atlanta is one of the nation's largest distribution centers. Whether it is air cargo from the county's busiest airport, Hartsfield Jackson, rail service or trucking, Atlanta sees more goods shuffled through the city than almost anywhere else. The location geographically makes it an excellent strategic market because Atlanta is close to many other large cities making commutes shorter and less expensive.
That said, the Atlanta real estate market remains stronger than most real estate markets nationally. Of course, with all of the attention created by the media about real estate as a whole, Atlanta is not off to the same pace it was a year ago. But, compared with other cities of similar size, Atlanta Homes are still excellent investments and a great value.
