Georgia is one of the leading states in the USA in matters real estate. The city of Atlanta has had a consistently strong housing market for years now, and that doesn’t seem to change. If you are looking for an ideal place for real estate investment, then you must consider one of the following cities in Georgia.
Smyrna city is located to the North West of Atlanta, in Cobb County, Georgia. It falls within the inner ring of the Atlanta metropolis. For some time, Smyrna has been at the top of the real estate business. It is specifically known to be attractive to young buyers. Smyrna’s appeal to the young generation is mostly considered to emerge from the development of the SunTrust Park.
Between 2015 and 2016 alone, the median home sale price jumped from $292,000 to $320,375. By 2015, a home remained in the market for only up to 45 days, a sharp improvement from 50 days the previous year. This puts Smyrna at the very top of the real estate business.
Chamblee city sits in the Northern DeKalb County, which is to the North East of Atlanta. Chamblee is the second most lucrative city for real estate in Georgia. The city is known for its vibrancy and international flair. The rebuilding of the General Motors Assembly Plant in 2017 significantly attracted more business into the city. This led to a rapid influx of population and increased average income, hence increasing the demand and prices in real estate. If your real estate venture targets the business class, then Chamblee is the right place for you.
Located in Forsyth County in the metropolitan areas of Atlanta, Cumming’s Water Park and Fairgrounds are so attractive to young families. It is also known to be the home for some of Georgia’s greatest schools, which has also contributed significantly to the high influx of high income families. The City’s median home sale price, which stood at $284,177 in 2015, shot up 8% to hit $307,725 in 2016.
This city is located in Fulton County, within North Central Georgia. It hosts world-class dining, top class concerts, and very extensive parks and outdoor recreation. In 2016, the median home sale price in Alpharetta rose to $384,475 from $366,250 the previous year.
Within the city of Atlanta itself, there are three outstanding real estate markets. They are Grant Park, Reynoldstown and West End. These areas are known for their beautiful neighborhoods, great school districts and scenic community parks. They are also home to vibrant shopping and entertainment districts.
All these cities have continued to show high growth prospects, and the real estate sector is expected to experience an even higher growth in the coming years.