Atlanta Has Stable Real Estate Market

Posted on Thursday, March 6th, 2008

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.

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Atlanta is a Great Place for Job Opportunities

Posted on Wednesday, March 5th, 2008

When deciding to take the plunge and purchase a house, location is a prime factor in the decision making process. You need to find a city that fits your lifestyle and entertainment needs and has great job growth potential. The job growth factor is the key to stable real estate markets when the economy is wavering because, if there is an abundance of employment opportunities, people will flock to that city hoping to be gainfully employed during a time when the national unemployment rate is high. Luckily for us, Atlanta is ranked #4 in the nation in the “best cities for jobs in 2008,” according to Forbes.com. So, if you are considering relocating, consider Atlanta because of all of the great opportunities to advance your career. Atlanta also has many exceptional new high-rise developments, like 1010 Midtown. This is your opportunity to live in one of the best cities in the nation on its most trendy street in midtown. For more information call 404-815-4622 or visit the website www.1010midtown.com.

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