My daughter Ellie is a senior engineering student at Vanderbilt University and was offered a great job in her hometown (Atlanta Georgia) after graduation.  My first thought: great, she can live at home for a bit and build up some cash.  I would NEVER have thought this would be an option in years past.  Once kids go through college they tend to seek an independent living situation.  Things are different these days and moving back in with the parents is no longer unusual or taboo.

Had a great guy come through an open house today.  He is looking for housing because of a divorce.  He and his Ex Wife have finalized the divorce but he has been living in the basement apartment in their home becoause of economics.  He says his wife wants to end this situation but the economics have forced them to live together even though their marriage ended.

My brother in law lives in a mega mansion in North Fulton.  He and his wife have rented out an apartment over the garage to help pay the house note.  Paul is a homebuilder and needless to say his revenue is down.  Adding a rentor to the roll helps him pay the monthly house note.

This tough real estate market creates some atypical housing situations.

 

 

Sally English

Atlanta real estate agent

 Realty Associates of Atlanta LLC; 3350 Northlake Parkway Atlanta, Georgia 30345 |404-229-2995

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All content copyright © 2009-2013 by Sarah Bryant English DBA Sally English and The English Team, Atlanta Georgia. This sale offering is made subject to errors, ommissions, change of price, prior sale and withdrawal without notice.  Potential purchasers should make a physical inspection to verify all features independently.  EQUAL HOUSING OPPORTUNITY.  Sally English is not an attorney or CPA and ALL legal or tax advice should be rendered by a professional. Sally English is an Atlanta real estate agent specializing in homes and neighborhoods convenient to Emory University and The CDC. Thanks for visiting my BLOG! 

 
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2 Comments on Tough Real Estate Market Creates Some Atypical Housing Situations

NOV
07
2010
1,909,748 Points 385 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Sally, I think we are seeing a lot of households that don't look like the Cleavers!  There are a few on my block.
7:08pm • #1
355,812 Points 4 Featured Posts Attended Rain Camp

I heard a report on the radio the other day that about 70% of kids who graduate from college go home to live with their parents.
11:50pm • #2

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Sally English|Atlanta Georgia Real Estate

Sally English Atlanta Real Estate Agent

Atlanta, GA

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Address: 3350 Northlake Parkway, Atlanta, GA, 30345

Office Phone: (770) 939-3174

Cell Phone: (404) 229-2995

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Atlanta real estate news from Atlanta real estate agent Sally English. Sally English and the English Team specialize in neighborhoods convenient to EMORY UNIVERSITY, CENTERS FOR DISEASE CONTROL and VA MEDICAL CENTER. Call or text 404-229-2995 SallyEnglish


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