This weeks Nation’s Building News, the official online weekly newspaper of NAHB, reports that Atlanta is expected to have positive housing growth in 2007. The report, extracted from the South Atlantic Division states:
Atlanta, which accounts for about two-thirds of housing starts in Georgia, as well as Asheville, Charlotte, Durham, Greensboro, Raleigh and Winston-Salem in North Carolina, all declined last year, but to levels that were near or above pre-boom production levels. The Atlanta and Durham metro areas are expected to return ot positive growth early this year, with the remaining areas experiencing further but small declines thorughout the year before turning positive in early 2008.
This is great news for all of Atlanta’s builders, developers and agents, as well as the rest of us in the housing industry!