Putting The Current Atlanta Real Estate Market In Perspective

Jon Real Estate Leave a Comment

The Atlanta housing market has been on the rise since it officially bottomed out in January, 2012.  Prices are up… but just how much?

Supply down, demand up.  Simple economics.

Beyond that, a myriad of factors at play: less foreclosures/short sales dragging down prices, aggressive hedge funds/investors gobbling up lower priced inventory, rising interest rates pushing many buyers off the fence, etc.  In some parts of town, it’s starting to feel like the wild west.

Regardless of cause, the chart is pretty dramatic.  Where it goes from here, I’ll save for a future post…

Source: ChartMasters, Exclusively for Keller Williams Realty

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Jon

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Jon Effron is widely regarded as one of the leading Realtors in Atlanta, working with both buyers and sellers throughout the metro area to maximize their real estate investments. In 2014, Jon was the #1 individual agent at Keller Williams Intown, one of the largest brokerages in Intown Atlanta. Prior to becoming a Realtor, Jon was the Vice President of Development at Tujay Group, an Atlanta real estate development firm. His career pre-real estate included stints at ABCNews.com, eGroups (now Yahoo! Groups) and Elite Traveler magazine, where he served as the Vice President of Marketing.