Atlanta Among Best Housing Markets for Investment in 2018
According to Forbes, the metro Atlanta housing market is among the best housing market for investment in the United States in 2018. The 20 markets noted by Forbes are 'places where growth appears most sustainable over the medium to long term' and scored best across measures including three year population growth, one year home price growth, one year job growth, and affordablilty, among others measures.
Metro Atlanta, with an average home price of $234,249 and a three year poplulation growth of 4.9%, ranked 7th on the list of metro areas noted by the study. Forbes believes that homes in the metro Atlanta area are undervalued by 7.0%.
Current historically low home mortgage rates, combined with undervalued property and potential for growth should lead to robust home sales in metro Atlanta during the coming months.
Thinking about buying a new home in metro Atlanta? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.