Atlanta is a unique city on many levels, including the current state of its real estate. Unlike most of the US, Atlanta is still a sellers’ market. Prices have grown 16% year-over-year in Atlanta. That’s double the growth rate we saw in the rest of the country, so homeowners looking to sell their properties are in a powerful position.

On a national level, sales were down eight percent in the spring quarter (Q2) for 2014 in comparison to 2013. However, in Atlanta, we saw the opposite. Residential sales grew about two percent in Atlanta. So what’s the reason so many people are moving to Atlanta and buying homes? Quite frankly, compared to the rest of the country, Atlanta is cheap. Add that to the fact that it is a large metro with big city offerings and it becomes clear why so many people want to buy property there.