3 Atlanta Real Estate Trends To Watch in 2015

The President is saying it, the economy is signalling toward it and now Beacham & Company is telling you that things are looking up for 2015. Of course, we are specifically speaking of the Atlanta real estate market. After examining our research from 2014 and the housing trends that occurred, we know that positive change is coming in 2015. This year bring more listings, home price moderation and a rise in sales for the first time in four years.

1. Balance Returns to the Market

The number of homes on the market is at an all time high compared to recent years. This many homes have not been for sale since 2011. With the increase in inventory, comes the inevitable increase in sales. This is because there has been a pent-up demand for homes, and now, there are a number of highly desirable properties on the market. More market balance is achieved when there are many homes for sale, because it keeps the prices in check. Therefore, if you are looking to buy or sell, 2015 is a good year.

2. Mixed-Use Developments Fill the City

“Work, Play, Live” communities are all the rage across the country, as well as in Atlanta. This year brings an influx of the multi-use neighborhoods. They are popping up in West Midtown, Inman Park and Alpharetta. The increase in people living in those areas helps to sustain the commercial development of restaurants and shops that surround them.

3. Atlanta Attracts More People

As the movie industry comes to Atlanta, and foreign real estate prices rise, more people are moving to the Peach State. The diversity, as well as the demographic changes in Atlanta, also will lead to more activity within the housing market, according to the Atlanta Business Chronicle. In addition, Atlanta is beginning to attract younger professionals. With the multi-use neighborhoods mentioned above, and the creative and environmentally-friendly Beltline, young professionals are flocking to Atlanta.

If you are looking to make any housing changes in 2015, allow the experts at Beacham & Company to help you in your decision.