The Atlanta market continues to prosper despite national slowdown

Atlanta | Home Owners | Real Estate |

A new article published by HousingWire in February states “While metros across the country weaken in the wake of a market slowdown, the city of Atlanta is thriving, according to new data from Redfin.”

This is good news amid a lot of talk in the industry that with rising interest rates, sales would start to slow.

Despite a thriving market in Atlanta, low inventory remains a concern.  However, “According to Redfin’s data, building permits were up 72.2% annually in October of last year, and the city issued $5.6 billion worth of building permits in 2018.”  This means that new construction homes will help increase the available inventory.

To read this article in its entirety, click here.  For more information about the Atlanta Housing Market on Redfin, click here.

Written by Megan Blanks, Marketing Director at McManamy McLeod Heller.

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