Whether you’re looking to buy or sell, timing your local market is an important part of real estate investment. This article has been updated to reflect recent changes in the Atlanta real estate market. The Atlanta housing market has had a steady growth over the past several years that makes it a great place to live as well invest in. Located in the state of Georgia, the city of Atlanta is a hotspot for any type of real estate investing.
It is a city with an incredible amount of upside. The cost of living in Atlanta is reasonable when compared to other big cities like Los Angeles or New York. This factor alone draws young professionals priced out of those pricier markets. If you are a savvy investor, you must be aware of the fact that Atlanta real estate has a record of being one of the best long term investments in the nation.
Since 2015, the median home prices in Atlanta have appreciated by roughly 57% from $184,000 to $288,746, according to Zillow’s data. Everybody loves the low cost of living in Atlanta but the students especially appreciate it making it one of the top rental markets in the United States. As an investor you can buy a fully renovated turnkey rental property in Atlanta.