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June 22, 2008 | Laura Everett | Comments 0

Article Points Out Opportunities in Atlanta Real Estate Market

atlanta_fountains.jpgThe Buckhead and Sandy Springs Reporter newspapers took a unique take on today’s real estate market. In a time of “doomsday” stories that focus on the National real estate market and the slumping western markets, John Schaffner takes a minute to focus on Atlanta. Atlanta is said to have a healthy real estate market and FMLS reported over 18,000 closings from January to April of this year. Many builders are reporting sales increases of up to 20% since last year as well.

By focusing on the positive aspects of today’s market, this article points out the ability to move up in the housing market because of the opportunity for buyers to get more home for their money. So even though sellers may get 5-10% less for their home, buying a more expensive home at the balanced out prices actually produces a profit and a smart investment. Also, the $2 million plus market has not shown signs of any slumps and still retains the strong sales it has experienced in the past few years. Schaffner also reports on a strong first time homebuyer market because of the buying incentives, builder discounts, and the value of home you now get for the money. So even though the nation faces a slumping real estate market, the facts show that Atlanta is still thriving and will soon bounce back from our “mini-slump” and those who took advantage of the positives the market has to offer can actually make some good money! So a special thanks to the Buckhead and Sandy Springs Reporters for reminding us to look at the glass as “half-full!”

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