Archive for July, 2014

Real Estate Opportunities in Atlanta

July 9, 2014

Highly regarded by other sales and marketing professionals in the Atlanta area, Lawton Hall serves as president of Regency Park Development, LLC, a real estate development, management, and investment firm. Prior to founding Regency Park Development in 2011, Lawton Hall spent more than a decade at AmericasMart, a multifaceted marketing and wholesale trade show facility in Atlanta.

In 2006, the housing bubble developed in the United States, with housing prices appreciating as much as 80 percent in some communities. When the bubble burst, those communities experienced significant hardships. Atlanta, on the other hand, experienced increases of no more than 10 percent. When the bubble burst, Atlanta did not have far to fall. By 2014, Atlanta’s housing sector was in full recovery mode, with numerous new housing and commercial real estate starts.

The market for existing properties in Atlanta is strong as well. Nearly 3,500 new homes were started in the first quarter of 2014, spurred by the creation of 51,500 new jobs and a 2.2 percent jump in employment over the same period in 2013. Other factors driving new construction are the slim inventory of existing homes and low mortgage rates. The confluence of these factors gives homebuyers, whether they are looking for a place to live or for investment property, an excellent opportunity to secure a good deal on a new or existing home at an affordable price.

Trends in Atlanta Real Estate

July 1, 2014

Lawton Hall is an experienced real estate executive currently operating out of Atlanta, Georgia. As the former senior vice president of sales and leasing for AmericasMart, Lawton Hall is part of Atlanta’s booming real estate industry.

According to the U.S. Census Bureau, in April 2014, new home sales in Atlanta jumped by 6.4 percent to a figure of 433,000. In addition, existing homes also experienced an increase of 1.3 percent in sales. These are encouraging figures for the Atlanta real estate market, which seems to have recovered from a slow winter.

Combined with these sales increases are other trends in the area, including a growing diversity within the city that will strengthen the housing market. Older suburban city centers are expected to grow in population as individuals continue to seek walkable communities. Many real estate experts in Atlanta expect that neighborhoods will move away from the traditional suburban format as young professionals continue to drive the demand for more compact properties.