Atlanta Real Estate on the Verge of Rising?

March 6, 2009 by Carl Martens  
Filed under Market Updates

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Atlanta continues to be one of the top cities for growth in the United States.  While the nation’s economy is in a slump, the Atlanta job and housing market have been able to weather the storm as a result of this continued growth.

Atlanta was recently voted the Best City for Singles and was ranked in the top 10 cities for retirees by Forbes magazine.

As a buyer, this could be the right time to make your move.  The new homebuyer tax credit provides first time homebuyers in Atlanta and throughout the US a great incentive to purchase their first home…$8,000.  Unlike the previous $7,500 tax credit the new $8,000 tax credit is free money whereas the $7,500 credit was a free tax credit that acted as an interest free loan requiring repayment over a 15 year period.

While it is true that the Atlanta real estate market has suffered there are many indications which point to signs of it rising again.  Don’t be fooled by the media.  Real estate is a local subject, what happens in Vegas stays in Vegas…just because the market in Vegas is horrible doesn’t mean that it is in Atlanta.

We might not have seen the bottom yet, but Atlanta does show positive signs that the bottom may not be too far away.

Get started.  Find your next home now.

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