Positive Fiscal Cliff Outlook for Atlanta Real Estate
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Terry Swanson, broker and owner of Results Realty Services with Century 21, remains positive about the Atlanta real estate market even with the impending fiscal cliff. The term ‘fiscal cliff’ is being used by economists to tie together all of the U.S. federal spending cuts and tax increases that are due to take effect in 2013.
With more than twenty years of real estate experience, specifically in the North Atlanta market, Swanson explains that he has come to this conclusion due to data collected over the past two years. He has found increased unit sales for contracts written in the FMLS over the past two years for North Fulton, Forsyth and Gwinnett Counties.
Swanson states, “Fiscal cliff or not, Atlanta is heading in the right direction.”
Swanson also believes that now is the perfect time to buy a new home for the holidays. He says this because current interest rates are low, supply is down, demand is up and new construction is occurring all around the Atlanta area by several builders. So if you’re looking for an Atlanta new home this holiday season, now is the time to buy! When you do, you’ll be helping the local real estate market and our country’s economy.