Are we there yet? Getting to the bottom of the real estate market in Atlanta

By
Real Estate Agent with eXp Realty - Urban Nest Real Estate Group GA# 305421

Over the last year or so, I've talked with dozens of first-time home buyers who ask "ARE WE THERE YET? When will the Atlanta real estate market finally bottom out?"atlanta real estate market

Just like playing the stock market, we won't know that we hit the bottom until the stock (or home) prices go back up!

The GOOD NEWS is that, over the last two months, I have read several articles from reputable sources that tell us that Atlanta is going to be one of the first markets to recover in 2009.  Take a look...

FORBES calls Atlanta one of the "Best Markets Likely to Rebound"

Read the full article

The NEW YORK TIMES is telling readers that "It May be Time to Think About Buying a House"

Read the full article

GEORGIA TREND Magazine's article says that Georgia is "Poised for Recovery" in 2009

Read the full article

FORBES also highlighted Atlanta in their article titled "America's Comeback Capitals"

Read the full article

 On a personal note...

  • My phone is ringing (OFTEN) with buyers who would like to start looking for a home
  • Two of my listings received MULTIPLE OFFERS in the last 30 days
  • The number of visitors on my primary website (www.ATLhomesearch.com) have increased by 18% since the mid-September
  • Other agents and closing attorneys and loan officers in Atlanta are telling me that THEIR BUSINESS is picking up

I am a realist and don't have the crystal ball sitting on my desk, but based on my experience, the feedback from my colleagues, and several positive articles in national publications, it appears the forecast for Atlanta looks very good for 2009!

If you have any questions and/or if I can assist you in any way with your real estate needs, please don't hestitate to call.

All the best,

Kerry Lucasse

Intown Atlanta Real Estate Consultant

(404) 432-1844

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Posted by:
  
Kerry Lucasse  ::  eXp Realty ::  Urban Nest Atlanta Real Estate Group

Call anytime @ 404.432.1844

Urban Nest Atlanta Real Estate Group - eXp Realty GA

  

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In & Around Atlanta Real Estate Blog - Copyright 2006 - 2020 by Kerry Lucasse and the Urbanest Real Estate Group with eXp Realty LLC in Atlanta, GA.  All information contained in this blog is deemed to be reliable but not guaranteed.   If you need assistance with Intown Atlanta real estate, Kerry Lucasse and her team are always available to assist you with your residential real estate needs!

Urban Nest Office :: 508 Flat Shoals Ave ::  Atlanta, GA 30316  :: 404-205-8800

eXp Realty Office :: 1230 Peachtree St :: Atlanta, GA 30309 ::  888.959.9461 x119

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Topic:
Real Estate Market Trends
Location:
Georgia Fulton County Atlanta Midtown
Groups:
1st Time Buyers
Posts to Localism
Tags:
realtor
atlanta real estate market
forbes
keller williams atlanta real estate agent

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Rainmaker
96,200
Yvette Smith
LONG & FOSTER - Williamsburg, VA
Realtor In Williamsburg VA, Homes for Sale

HI KERRY!

That's great to hear!  I like to know that other areas are picking up, the glass is half full!  I wish you continued success!

Dec 10, 2008 11:55 AM #1
Rainmaker
85,889
Michelle Tucker ~ Pooler Real Estate
!Daley Real Estate - Pooler, GA
Rincon~Savannah~Richmond Hill

KERRY:Half full half empty.  The future is unknown.  The buyers are waiting for the bottom and low interest rates, then you compare them to the buyers who bought at the end of the bubble. When is right to buy Real Estate?  Where it is good and holding on, others are seeing home sales slow.  I guess we will have to wait and see.  I am voting for an upward movement on Real Estate. Best of luck to you in the Atlanta Real Estate Market.

 

Dec 10, 2008 04:28 PM #2
Rainmaker
762,952
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Kerry: I've had some phone calls as well, but still finding the renters! Hmmmm....

Much like the recession (they say it started A YEAR AGO) we will have passed the bottom of the market, and they we will be listening to the buyers saying "Gosh, why did we not buy last year?"

Dec 11, 2008 12:03 AM #3
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Rainmaker
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Kerry Lucasse

Your Urban Nest Atlanta Real Estate Consultant
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