Atlanta’s Good News Perfect Storm Conditions for Investment Real Estate!
A perfect storm is when multiple factors come into play at the same time to create a unique environment – typically challenging as the movie, The Perfect Storm depicted. In this case, we have three situations merging together that are creating an amazing opportunity for Buckhead Atlanta GA real estate investors.
Housing prices are down quite a bit in metro Atlanta including Buckhead, from their 2007 peaks. Along with that interest rates are still phenomenal, although could rise some throughout the next six months to a year. As well, the leasing market is very strong.
When you put these three factors together it creates the perfect storm opportunity as a real estate investor in Atlanta. If you are considering expanding or buying real estate as an investment, you may never have a better opportunity than we do today in Atlanta. I’m not the typical sky is falling kind of person. There have been opportunities over the past few years and will continue to be opportunities at almost any time. What is unique about now is that all three categories are in line for the perfect opportunity.
Factors that lead me to believe this is a shorter term opportunity are this. 1. The inventory levels for single family homes are at a four year low and I believe will continue to decrease. We are actually seeing bidding wars for good properties priced right. 2. The interest rate is still relatively low. While it has done a small swing up, it’s not too high at this point, but we do expect it to increase over the year. Even a 1% increase in interest can raise you payment 20% if the rate you could have had today was 5% and it goes to 6%. 3. The Buckhead Atlanta Single family leasing market is hot. We actually expect the leasing numbers – both demand and pricing to continue to rise.
All three of these pieces of the puzzle make it an excellent time or storm to consider advancing your real estate investment portfolio! If you are looking for highly analytical Realtors who also own their own investment real estate, please don’t hesitate to contact Tim Francis Realty, so we can help you take advantage of this perfect real estate storm. We look forward to working wtih you to take advantage of this Buckhead Investment Real Estate Market.
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