How big is Atlanta’s real estate market? by Miriam Pia
Today we’ll have another overview of the Atlanta, Georgia housing market. There are people running tallies on these things. This very day, in real time, there are over 50,000 units for sale in the Greater Atlanta area.
Of these: what are the main types of homes available for purchase? We have the master planned communities. These are organized to include shopping and recreation possibilities along with a genuine hope that the people living in the neighborhood will choose to behave like a community. Some of the master planned communities even have specific intentions regarding the connection between the housing and the work location. You can choose the age that you wish your home to be. For example: you can go to a real estate agent and tell him or her, “Look, I want a thirty year old home in a master planned community inside the Perimeter.” That kind of information will tell them a lot.
There are planned communities that were not master planned: this means there is a neighborhood and the builders relied upon other business people to see the opportunity to create the rest of the community.
You can tell your real estate agent, “We want a loft within 5 miles of downtown that is under $300,000 that used to be a warehouse, near MARTA.”
There are apartments, loft units, brand new condos, brand new homes, homes ranging in age from 1 year to 100 years in age, lot sizes vary a great deal, townhomes, and fully detached houses in addition to the fully detached mobile home. Manufactured homes are often small and in groups, but unlike an apartment you all have your own walls.
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