Simply put, it is because the numbers work. The rents in relation to the value of the homes are very high compared to other areas of the country, and the Atlanta metro area has a history of excellent investment property appreciation.
Successful investors learn to look for real estate trends that stack the odds in their favor. Before taking action, allow us to help you investigate the Atlanta market for residential real estate investment...
- Look for an area of strong growth
- Look for a growing, diverse economy
- Look for new and planned infrastructure changes
- Invest only in undervalued markets
- Acquire property with a strong potential for appreciation
- Look for tightening vacancy trends
- Provide a higher quality rental that tenants prefer
Strong Growth
When considering real estate trends, savvy investors look for areas where people are moving to, not away from...
| Population Forecast for the Atlanta Metro Region1 |
| 2000 Population (13-County): |
3,698,679 |
| 2030 Forecast (Forecast): |
6,005,288 |
| Expected growth: |
2,300,600 |
According to the US Census Bureau "Atlanta Growth Tops Nation – The Atlanta region added more people from April 2000 to July 2006 than any other of the 361 metro areas in the US."2
A Vibrant, Multi-Faceted Economy
Anticipate growth, do not follow growth. A growing local economy is the most important force driving investment in an area.
Fortune magazine ranked Atlanta #3 in its top cities with the most Fortune 500 headquarters.
"With 12,500 jobs added in the last year, Atlanta's large economy is the 'back office' headquarters of the Eastern United States, where major corporations put their lower cost operations."
"Atlanta had an increase of 97,600 persons 2004-2005, followed by an increase of 111,700 in the past year. These were the two largest single-year increases in the region's population since the late 1990s."
"Three-year job growth of 3.5% is better than the national job growth rate."
Infrastructure Improvements
Highways and other infrastructure improvements almost always have a positive effect on property values. In this respect, fewer cities are more forward thinking than Atlanta. The Atlanta Regional Commission forecasts that 2.3 million more people will move to this region in the next 25 years.
Invest in Undervalued House Sales Markets
You protect your investment from any real estate bubble when you invest in areas where incomes are rising faster than home prices. Investment in an undervalued market like Atlanta helps guarantee your long-term valuation as market forces move from undervalued to fairly valued.
"Home prices have underperformed compared to the nation as a whole. The ratio of price-to-income is in a comfortable range. By this measure, local home prices are under priced."
Look for Tightening Vacancy Trends
"Over the past decade, metro Atlanta has led the nation in housing production, yet today the region suffers from persistent lack of housing appropriate to critical needs, including workforce housing proximate to employment centers."
Buy Rent Ready Homes Where the Renters Are
Despite the low housing prices, rents, relatively speaking, are much higher. According to HUD statistics, the median housing cost for renter occupied units in Atlanta is $755 per month. Therefore it is not surprising that many houses can provide positive cash flow, even with servicing a 90% mortgage.
Need more reasons to invest in Atlanta Rent Ready property? Call 866-828-3348 to speak with a Bluefields Atlanta Investment Property Specialist. |
Why Atlanta?
