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Some Factors that Shape Atlanta’s Real Estate Market through 2027

 

The City of Atlanta in Georgia is known for its growing population and booming economy. Considered “The City Too Busy to Hate” by players in the real estate industry, some trends tell investors why investing in Atlanta should not be overlooked. The following factors help shape Atlanta’s real estate market through 2027:

1. Population growth - Atlanta’s population continues to grow, leading to a more robust job market. By 2050, nearly three million people shall have moved to Atlanta, based on the Metro Atlanta Chamber report. Film and technology are among the business sectors expected to draw an influx of families needing homes.

2. Rising demand for residential homes - The influx of employees and their families will significantly increase the demand for condos and apartments in the urban areas of Atlanta. Along with this is the expected growth in suburban homes where families can have spacious homes with backyards.

3. Growing infrastructure - Infrastructure expansions, particularly in the transport sector, will tremendously affect neighborhood growth and increase property valuations, especially around transit stations. Moreover, Atlanta has a good transport system, well-maintained parks, and some of the best schools and universities.