Although Atlanta didn’t make the top 100 cities based in it’s criteria this year, Money.com still lists everything you need to know about our great city (read more) In 2006, with an estimated 24% projected gain in home prices of the next 5 years, it seems that Atlanta is a home hot spot and a great place to invest. (full article here from CNN.com)
Atlanta, which is still mostly unaffected by the “housing bubble”, will have continued growth as the largest growth region in the Southeast. And, with new jobs and opportunities coming to Atlanta, homeowners are looking to the greater Atlanta area for reasonable homes. One area of the majority of growth is in the north i285 area in the city of Smyrna, GA. From mix-use communities to traditional craftsman style housing, those in the market for new homes should begin their search in the area.
As the median home prices, income and population grow, buyers who join the market now will tend to see overall long-term results. CNNMoney.com also offer a video with all the details.