Atlanta Real Estate Market Report Strength confirmed by Atlanta’s Jobs Numbers Revised WAY UP!
Every day consumers get all kinds of number thrown at them to describe markets, housing, jobs, and the economy. All markets are truly local and there are a number of factors that affect how they are doing. Word on the street in the local Buckhead, Sandy Springs & East Cobb real estate markets are very strong. Buckhead Realtors are slammed with calls, showings, contracts and CLOSINGS! A sense of excitement I haven’t seen in 5 years is there.
Atlanta Real Estate inventories are way down – to the lowest level in 10 years.
Prices are low as well, with homes selling at prices we haven’t seen in 10 years. So, it’s not surprising the demand seems to be strong. Add to that a revised job number of 30,300 jobs CREATED for 2011 in metro Atlanta and it really makes tremendous sense. (Crazy as this is the previously reported jobs numbers for 2011 showed metro Atlanta at a -600 jobs for the year. Mind boggling how that was so poorly reported.)
So, now come to find out, that makes Atlanta the fourth best place in the cournty for job growth, only behind Dallas & Houston Texas, and the New York/New Jersey region. Wow, that is a game changer. Atlanta was always expected to be the city that helped the south rise again! Just didn’t realize how strongly we were rising.
With this news it’s no wonder Tim Francis Realty LLC has seen an explosion of demand for 1st quarter 2012 in the Buckhead Sales and Leasing market. We knew the Buckhead & Sandy Springs real estate was improving; this just confirms our thoughts of what our local market has going on.
Our other thought was that as the real estate market shifted, it was going to make a strong shift into a seller’s market that would surprise buyers. We believe this is already transpired in our Buckhead, Sandy Springs and East Cobb markets.
Are you looking for a Buckhead and Sandy Springs Realtor with local knowledge of the most recent market and jobs trends? We are happy to help in Buckhead, Sandy Springs and East Cobb.