Atlanta: solid, steady growth
While it may not break any records, Atlanta’s real estate market may not fair as badly as some other parts of the country. Data collected by Moody’s Economy.com suggests that existing single-family homes in 13 metro-Atlanta counties—Bartow, Cherokee, Clayton, Cobb, Coweta, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry and Rockdale—will experience an average 22.6 percent price appreciation from the current $173,965 to $212,894 by 2011.
The next few years may show slower house appreciation rates as those experienced in the last couple of years, but the growth is projected to be steady and solid. A continued influx of new residents in search of jobs in a relatively healthy local economy are cited as primary factors for the Atlanta market’s continued health.