There are a lot of reasons for confidence in the Atlanta real estate market this year. First of all, consumer confidence is at its highest level since 2004. (according to the University of Michigan’s Index of Consumer Sentiment.)
AND, metro Atlanta region could add 140,000 jobs in 2015, the Atlanta Business Chronicle reports.
Interest rates are, what? Just over 3.5%.
So far, so good.
And what about my city, Roswell? Well, this month there will be a Town Hall forum all about Riverwalk Village. This is the $500 million development slated for SW corner of the GA 400/Holcomb Bridge Interchange. There are proposals for 1,500 residences, 1.7 million square feet of office and 500,000 square feet of retail. Over 40% of the land will be green space with a small lake. Lots more to talk about here in the months ahead …
In February, Roswell will begin improvements and Holcomb Bridge and GA 400. This should improve mobility and ease congestion at that juncture.
So how does this relate to real estate? High consumer confidence, low interest rates, more jobs … people will want to take advantage of the market now before values skyrocket again.
For more personalized information, let’s have a conversation! Email Cathi or call our office at 770-993-9572.