If your thinking about a full time or part time real estate career in Atlanta Georgia
2017 is going to give you a lot of great opportunities. I am looking forward to a great 2017 and reading valuable sources from inman news and Zillow I think everyone would agree. Last year was one of the best years for Platinum Real Estate and our agents. I think the upcoming year will be a great opportunity for not only home buyers but also investors. Having a real estate careers in Atlanta in 2017 will allow you to increase your annual income.
Expansion seen for real estate industry in 2017 says report
The real estate industry is generally optimistic about the year ahead but there are several key trends which will help that sentiment become reality.
A survey by Inman reveals that 27.4 per cent of respondents are “extremely optimistic” about the real estate industry in 2017 with slightly more than half expecting the new president’s policies to boost the housing market.
While being nimble was shown to be important, most (71.2 per cent) of respondents are planning to expand their business in 2017 and 55 per cent of agents “extremely happy” with the state of their business heading into the new year.
However, to capitalize on the potential for the year ahead, the Inman research shows that agents must work smarter and be ready to meet market demands.
Among the largest challenges ahead, respondents said rising interest rates, low inventory and helping clients find affordable homes.
US housing market hits record high of $29.6 trillion
The US housing market was 5.7 per cent higher in 2016 than a year earlier with a total worth of $29.6 trillion. The increase of $1.6 trillion last year, reported by Zillow, means that the housing market has now recovered all the value lost in the housing crisis.
Los Angeles holds the highest share of housing wealth at 8.6 per cent with New York just behind at 8 per cent. San Francisco completes the top 3 with 4.2 per cent of the total housing value.
Despite the gains, Zillow says that 60 per cent of markets in the US remain below their maximum values reached during the bubble years.
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