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Atlanta Ready for Real Estate Upswing

According to Atlanta suburb analyst firm Smart Numbers, the real estate cycle has the upcoming months gearing the area towards a real estate recovery of sorts. The wait has certainly been long for the Atlanta metro area to regain its standing in the real estate industry, so hopes are high that the predictions are true and the time has finally come for Atlanta to have a positive  presence in the real estate industry.

When the market fell out six years ago, Atlanta was certainly not immune to the effects, and the market in the metro area, like many throughout the country, hit rock bottom as the years continued to lapse by. According to recent figures, the demand for housing in Atlanta is finally up and last month it was at an impressive five-year high.  Local realtors are selling a ton of homes, and the Atlanta movers are certainly keeping busy as well.

Homes selling in the Atlanta area are resales, and inventory is at a 12 year low, a great sign for the demand to buy, live, and invest in the area. While new homes certainly exist in the area and are also still popular among some, the real meat and bones for the industry are coming from existing homes reselling. Here’s to hoping, that after a long six years of a fickle and floundering real estate market, Atlanta is finally back in the real estate game.

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