The Atlanta real estate market is seeing a boost in funding from foreign investors, notably those whose currencies are stronger than the US dollar. Guided tours are taking place throughout the city, as well as other US markets, showing properties that are available for purchase.
Here at the Atlanta movers, we recognize the potential for foreign investors in the local market. As some properties certainly need work done, foreign buyers will hire local workers to fix property problems and therefore help stimulate dry spells in certain home related industries. Australia, Israel, and Europe are where a majority of the tour participants hail from. Homes are selling at a rate of 30-35 per month, between $50,000-80,000 on average.