If you are considering entering the housing market and become a homeowner in 2017, it is important that you keep yourself updated with the latest Atlanta real estate market trends and happenings in order to make a well-informed decision. Being a real estate expert, I am often consulted by real estate agents, as well as clients who all have a common question — “what should they expect from the real estate industry?”
For the convenience of my readers, I have compiled the 3 trends that will shape the Atlanta real estate market in 2017, in my opinion. Read through to learn whether buying a house this year will be the right decision for you.
1. Deregulation of the Housing Industry Will Make Homeownership An Easier Endeavor
During his presidential campaign, Donald Trump vowed that he would make massive regulatory cuts and ensure huge spending on infrastructure in order to facilitate homeownership by the locals. This is likely to leave a positive impact on the Atlanta real estate market and will lead to the deregulation of the industry, making it easier for people to get a mortgage loan and buy a home.
2. Landscaping for that first impression appeal
A first impression is very important in many businesses, and in real estate it’s high in the list. A potential buyer might decide to keep driving or stop by to check out the home, depending on how it looks on the outside. As such, landscaping and tree spraying has become an important part of preparing a home that is going to be put on the market. You may need tree removal if a tree is too far gone and just about dead, or you may need to have the trees, bushes and grass trimmed by a landscape maintenance company so that the place looks neat, tidy, and well kept. The first step is getting a potential buyer in the door, and having a great yard will help with that.
3. People Would Want to Move Away from Suburban Lifestyle
Over the last few years, I have noticed a new trend among homeowners in Atlanta. They are moving away from suburbs to densely-populated communities that offer them easy access to a variety of amenities. Consider the example of Downtown Marietta. The place provides its residents the perfect combination of urban and suburban lifestyle. With reputable public schools, parks, entertainment facilities, and grocery stores located nearby, the place offers everything a homeowner can ask for.
Considering the success, I expect more and more of Atlanta homeowners to move closer to these communities. This will push property prices up in urban areas and lead to a large number of cheap real estate deals in suburban communities.
To summarize, 2017 is likely to be a pretty good year for Atlanta real estate market. However, as more and more buyers enter the market, it will become difficult to find a lucrative real estate deal and homeowners may want to partner with a real estate agent to navigate through the evolving landscape.
To learn more or find your dream home in Atlanta, you may search through the listings published on my website. If you are a real estate agent who wants to establish a career in Atlanta real estate industry, you may register for my upcoming workshop Million Dollar Producer here.