The real estate market in Atlanta remains on a roll!

[Felipa Manaiza]

My friends, the real estate market in Atlanta remains on a roll, with median home sales prices up 20.3% (June 2021 vs July 2022).

While inflation and interest rates are sure to effect real estate sales nationally, in Atlanta we are a little insulated. Like other high growth cities, Atlanta remains a popular relocation destination. Job growth, and housing affordability should continue to make Atlanta an attractive market for investing in rental properties throughout 2022.

When it comes to thriving metropolitan areas with relatively reasonable home prices, Atlanta is a serious contender as the best real estate market in America. Boasting a strong economy, tree-lined neighborhoods, vibrant culture and urban walkability, our city is a place where newcomers put down stakes and locals tend to never leave.

When looking at Atlanta through a real estate investors lens, the numbers come up big. It’s a city with an incredible amount of upside and at the same time and attractive and profitable real estate market for investors when you compare it to many other American cities.

Here is why

· Atlanta is the capital of Georgia, and home to nearly 500,000 in the city and about 6.1 million residents in the metropolitan area.

· Population of Atlanta grew by 1.14% last year and by 18.7% over the past 10 years, according to the most recent census.

· Atlanta is the most populous city in Georgia and the 8th-largest metropolitan area in the country.

· DeKalb, Gwinnett, Fulton, and Cobb are among the most populated counties in Metropolitan Atlanta.

· Over the next 30 years Metro Atlanta is projected to grow by 2.9 million people and reach a total population of over 8.6 million, according to the Atlanta Regional Commission.

· Per capita income in Atlanta is $36,867 and median household income is $71,193.