Posts Tagged ‘home sales’

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.