Saturday, November 29, 2008

Atlanta's Challenging Real Estate Market

Atlanta has become "Hotlanta" for many looking to find a better life for family and friends, with the real estate market traditionally being one of the vehicles used to catapult into the "middle class." The recent economic downturn has diminished the real estate opportunities in the city, with lenders not lending to many individuals and companies looking to either upgrade homes or expand portfolios.

The Atlanta Journal Constitution profiles the impact of the real estate downturn on families and companies alike.

2 comments:

Mberenis said...

Have you heard the GREAT news? There has been a major change in the real estate industry due to the bailout and there is beach condo's, islands, and beach property literally for the taking. Most people would be surprised what they find after only 10 minutes of research. Many of them now own beach property and islands for under $10,000.00 USD.

Buy Beach Condos

Island Realty

nordaune said...

The Real Estate is going to take a little time to turn around ... but I think it's going to happen faster than people think ... I would even say that '09 is looking good.