When Will Real Estate Recover? Forbes Touts A Positive Outlook
By Lee Davenport, Learn With Lee: Real Estate Coaching & Consulting
Good news, Sandy Springs, GA and Metro Atlanta! Although we may all loathe the seemingly endless traffic jams due to the growing Metro Atlanta population, this is actually a good sign for the recovery of the real estate market. According to a recent article in Forbes Magazine (http://www.forbes.com/2008/08/25/housing-prices-rising-forbeslife-cx_mw_0825realestate.html), metro Atlanta (including Sandy Springs, GA) is slated to have up to 2% annually in job growth over the next 4 years, which means that businesses will be thriving, which leads to land values appreciating and an ultimate recovery in the real estate market. In fact, next year home prices are expected to increase by 32.5% for single family homes and multi-family home prices are expected to rise by as much as 18.4% in Metr...
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