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The Central Perimeter area of the Atlanta metro is a growing real estate market that is showing appreciation significantly quickly. The Future of Central Perimeter forum which was presented at the end of last month assured potential buyers that aside from appreciation in the next few years, the expected appreciation in the next ten to twenty years is poised to make the Central Perimeter area prime for investment.

Currently, the district is filled with extensive commercial space and high-end office space, and it actually had the most absorption in 2012 than any other part of Atlanta. The Atlanta commercial movers are impressed by the expected growth that is expected for the area, too. Industry experts predict that Central Perimeter will make more money in the next 15 years than any other market in Atlanta. Logistically, Central Perimeter has the highest concentration of office space in the Southeastern United States. Millennials and big corporations alike are attracted to the area.

Atlanta has long been an area that has provided extensive low-income housing opportunities for families and individuals. In fact, there was a point in time where Atlanta had more public housing units per capita than any other city in the United States. Today, however, Atlanta has torn down all of their traditional public housing and replaced them with mixed-income housing developments that utilized Section 8 vouchers to subsidize rent. While this shift still offers some housing for the lower economic class, there is not enough of this low cost housing to meet the needs of Atlanta residents.

The Atlanta local movers have learned that the Atlanta Regional Housing Forum has been exploring different ways to better meet the needs of the area locals. Discussions have recognized the need for low income housing options and making these places available to cut the amount of homeless and paycheck-to-paycheck populations in Atlanta.

A new housing survey has found that the Atlanta housing market is undergoing struggle as about 47.6 percent of Atlanta homeowners reported that they were underwater on their mortgages for the first quarter of 2013. Despite a positive change in local unemployment, it seems the housing industry is having trouble getting out of the slump that has plagued the area. The Athens movers have also found that 64.1 percent of Atlanta homeowners likely do not have enough equity to afford to move, and that most of the Atlanta homeowners could not afford to move if they wanted to.

The statistics were published on Zillow, where the site also predicted that little positive change will come in the beginning of 2014 either, stating that 46.2 percent of homeowners will still be underwater at that time.

Coca-Cola is considering a large commercial relocation that would amass a large portion of downtown Atlanta, according to a recent article by BizJournals. The company has been in negotiations with moving into and owning the SunTrust Plaza Tower, which runs 60 stories high. The Coca-Cola team would relocate about 1,000 predominantly IT jobs into the building from suburban Atlanta locations. The Atlanta commercial movers have found that Coca-Cola would have to make a commitment to lease 250,000 square feet for their own use.

The tower was built in the 1990s and serves as the anchor to the Atlanta downtown business district. The tower is conveniently positioned in between Peachtree Center Avenue, Peachtree, Baker and Courtland streets. Though the tower bears the SunTrust name, the bank does not currently have ownership of the building. This move would make Coca-Cola the largest downtown office lease in Atlanta since the American Cancer Society initially leased space seven years ago at the Inforum Building on Williams Street.

The real estate blog Movoto has compiled a list of the ten most exciting cities in America, and Atlanta is among the locales. So how was the list determined? Bars per square mile, fast food restaurants per square mile, percent of population between 20-34 years old, music venues per square mile, and population diversity were just a few of the factors used to compile the list. From there, the 50 most populated cities across the US were ranked with these criteria and the list was made.

The full list is:

10. Portland, Oregon

9. Philadelphia, PA

8. Atlanta, GA

7. Milwaukee, WI

6. New York, NY

5. Washington, DC

4. Seattle, WA

3. San Francisco, CA

2. Boston, MA

1. Oakland, CA

While the list might have a few surprises (Oakland at #1 most exciting?), the Athens movers have found that the factors Movoto used to determine the list seem to take a hearty approach at entertainment venues and things to do in cities across the US.

The real estate market in Atlanta has hit a low point in available inventory–so is it a good time to buy or sell in the region? The Decatur local movers have found that the existing supply of homes priced under $250,000 is just under a four month supply, down from six-seven months a year ago. In higher price ranges, there are only five-seven months of inventory available, down from 11 months supply a year ago. While prices are still lower than they were at the market peak in 2007, houses that are well priced are selling at a rapid rate and interested buyers need to act fast if they wish to purchase here.

A concern is that the rising prices and dropping inventory could put the local real estate market to a stall. Appraisers are stuck with either keeping prices low and desirable or growing the listing prices to exacerbate bidding wars. Working with a realtor can also be an easy way to find the “right” price to list if you are a seller, because they can use comparative data from homes similar to yours.

According to a recent report created by the S&P/Case-Shiller home prices report, the Atlanta metropolitan area has experienced the highest year to year growth since 1992. In the region, home values have grown significantly with current numbers up 16.5 percent from February 2012 to February of this year. The current state of the market is great for sellers, with values increasing, but still great for buyers as well as prices are still lower than peak and interest rates are still low and manageable.

Inventory in the area is depleting, so interested buyers need to bid high and quickly on properties if they are serious about them. Homes trends that used to consist of available homes sitting on the market for months are now off of the market in a matter of days, so you must act quickly to snag the house of your dreams. For owners looking to move, the time is also ideal because they are likely to sell your existing home and get a decent amount to put towards your new one.

Throughout the US, a few real estate trends are under way. Some areas are seeing home prices dip down, while others are seeing significant increases in listing prices. Several factors, such as historically low mortgages, higher prices, and a reviving consumer mindset have all contributed to the existing state of the real estate market. The Atlanta movers have honed in on some specific trends such as,

Interest rates are up in many metros

When interest rates rise, so do prices

Median wages are insufficient to match the rise in prices

Economic growth & wage inflation will help balance the market

Atlanta, among several other markets like Cincinnati, Chicago, Cleveland, Las Vegas and Detroit, are the only cities to have had lower than past figures in terms of price-to-income ratios.

Comparing the state of the Atlanta market to recent years, it’s easy to see that the area has continued to grow and evolve even amidst the economic depression. The Atlanta movers have found that several trends have emerged over the past few years, such as a continuing drop in available inventory. Dubbed by many as a seller’s market, the existing inventory in the region has dropped from over 100,000 homes to about 35,000 available in the massive metro.

Current data shows that the price on existing available inventory is about 13 percent over 2012 figures, specifically January 2013 to January 2012 comparisons, with prices creeping back up to where they once were in 2005. It has been predicted that the positive trends will continue for at least two more years and that the market will only continue to strengthen.

As we head into the second quarter of 2013, the Atlanta movers want to examine how the real estate market is holding up in our area thus far for the year. The market has been a roller coaster ride for many, so we are eager to look towards the future and see what the market will bring us for the rest of 2013.

Certain areas of Atlanta, we have learned, are experiencing quite a busy time for sales and real estate transactions. Atlanta has big city appeal and also masses of suburban areas, so there is something for everyone in this booming metro. The flip side is that lending is stricter than ever, so while the rates are historically low-ish, you still have to qualify to be able to get them. Lending now is a much tougher ballgame than it was about 5 or 6 years ago.