While the last few years have been primarily doom and gloom for the Atlanta real estate market, however, a guest column in the Atlanta Business Chronicle, by Steve King with the Greater Atlanta Homebuilder Association provides some refreshingly positive statistics about the state of the Atlanta real estate market
Unsold housing inventory has decreased 31% year-over-year, and fell 42% since December 2006, according to the article. King cites inventory levels have decreased to 2002 levels, largely due to increased incentives by builders, irresistible deals, and remarkably low interest rates.
He predicts that the Atlanta real estate market is on it's way to recovery in a short amount of time. So, if you've been looking for that condo in Midtown, a house in Buckhead, or any other type of home in Atlanta, now may be the perfect time to make that move.
