Forbes.com recently published an article announcing “America’s Most Stable Housing Markets,” and our great city of Atlanta made the list. When compared to other cities, Atlanta has a low cost-of-living. A house that sells for $200,000 here would be double or triple the price in cities like San Francisco and New York City. Banks and lenders are uneasy and reluctant to approve unmanageably large mortgage loans. But, because Atlanta’s median home-sale price is only $175,000, it is easy for people to be approved on a mortgage loan, and the city maintains consistent real estate activity. With more people being approved for mortgages, the Atlanta real estate market is much healthier than many other cities suffering from a halt in housing activity. This is promising for anyone interested in buying a home in the Atlanta market because re-sale value will be greater in a healthier market like this one. Having low housing costs is an extraordinary perk because you get more home for the money. For example, 1010 Midtown is a brand new high-rise with spacious condos that have breathtaking views of the Atlanta skyline. Even with a desirable, trendy location in the middle of midtown, these condos are only priced from the $220,000s. Unique floorplans and great amenities as well as the ideal location set this particular high-rise development apart from others in Atlanta. For more information call 404-815-4622 or visit the sales gallery.

Tags: , Atlanta real estate, home sales, Midtown, new high-rise