People are Flocking to “Hotlanta”

Posted on Thursday, April 17th, 2008

12th-midtown-phase-ii.jpgThe Atlanta population was among the nation’s top gainers in 2006 and 2007, number two to get technical, with a growth of over 151,000 new residents. Our population is now more than 5.2 million, and still growing! As we have been reporting, Atlanta has a huge job market which is the main contributor to our population growth. According to the Metro Atlanta Chamber of Commerce, we had a net growth of 55,000 jobs last year. And these people that are relocating to Atlanta are coming from areas where houses are extremely expensive, making condo life the standard norm. Thus, when they move to our city with its low housing prices and fantastic deals, they jump at the opportunity to purchase a new condo in Atlanta before the prices rise and the savings vanish. So, if you are considering moving into a new residence, you should follow the lead and seize the opportunities available now. Once the supply decreases and the demand remains constant, you won’t see today’s prices for long. 1010 Midtown features new condos in Midtown – you will not find a better location. So if you snagged one of these new jobs last year and are now commuting intown from one of the metro areas, consider relocating to a home that is much more convenient.

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