Why You Should Invest In Atlanta Real Estate Now!
Since the housing crash of 2007 and the stock market crash of 2008, investors have been left with one question. Where should I put my money? Unscrupulous, unrealistic, and unregulated investment practices, on Wall Street, have nearly decimated the world economy and are now delivering returns of only 1.5% to 5%, hardly an exciting proposition especially since those same practices go on today and the probability of another meltdown is almost certain. Certainly cheap money and lax mortgage qualifications contributed to the downfall with speculators buying up real estate and inflating home prices to an unsustainable level pushing us over the brink and the result is 3 years of freefalling values. This is what economists call "market correction". Millions of foreclosures bring a glut of inventory. But that leaves the investor with an amazing opportunity! More inventory means lower prices. Some say that we are at a 25 year low in purchase pricing. It also means a higher percentage of renters. So it should be said again, "an amazing opportunity for investors". Imagine being able to buy a completely remodeled single family home for $49,900 with a guaranteed renter and generate at 14.75% return on investment. Or a BRAND NEW townhome or single family home with a guaranteed renter and generate an 11 – 12% return on investment. You are buying at $45-$60 per square foot which half of what costs to build a home. Un-heard-of! Why these opportunities exist today in Atlanta!A booming city, Atlanta has plenty of industries that offer excellent employment opportunities. This means that not only can you find a job easily, besides finding affordable housing but also keep your job easily. A large metropolis, Atlanta has a vibrant nightlife, colorful history, numerous shopping options, and very good education facilities.
Atlanta is one of the fastest growing, stable metropolitan centers in America…
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