Dikirim kepada Anda oleh buysell melalui Pustaka Google:
Despite years of economic and housing market hardship, Atlanta's condo market has continued to show growth during 2011, the Atlanta Business Chronicle reports.
According to the ABC, total condominium sales are up in 2011 and so far in November, there have been 832 units sold, an increase from 652 in November 2010. Meanwhile, the units have become more affordable to entry-level buyers since the average sale price has dropped from $234,811 to $233,125.
"Even though perception may still be negative on condominiums, the condominium market is poised for a great rise again thanks to the halt of all new developments and aggressive pricing," Anne Schwall of Atlanta Fine Homes Sotheby's International Realty wrote for the source.
The Atlanta condo market has become increasingly buyer-friendly as more developers battle for business by pricing units aggressively low. The decline in supply paired with the increase in demand has experts predicting a rocket blast in the condominium market in 2012.
As the housing industry enters the slow season, market trends could make Atlanta even more of a buyer's market. As developers continue to cater to the scarcity of buyers inventing in a home for sale in Atlanta could yield a healthy profit should the market turn around in the new year.
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