Atlanta is the capital of Georgia. It is an important creative and financial center of the southern region and is listed as one of the five favorite cities to live in for young people and professionals seeking to relocate to the United States. This is because the city has everything going for it. It has a mild year-round climate thanks to its location in the foothills of the southern Appalachian Mountains, a supportive government, easy access by air and land, physical beauty, and good job opportunities. All of these reasons make home buying in Atlanta, GA a favorite choice among home buyers.
It has an area of six thousand square miles and consists of two counties and one hundred and ten municipalities. The counties consist of ten county regions. These include: Cherokee, Clayton, Cobb, Douglas, De Kalb, Fayette, Gwinnett, Henry, Rockdale, and Fulton counties. The twenty county areas include counties such as Bartow, Barrow, Coweta, Carroll, Forsyth, Hall, Spalding, Newton, Walton, and Paulding.
In addition to Atlanta, there are several other communities and cities such as Acworth, Fayetteville, Marietta, Douglasville, Alpharetta, Kennesaw, Powder Springs, Milton, Peachtree City, Sandy Springs, Roswell, Smyrna, and Woodstock.
A look at the Atlanta, GA real estate market reveals that although the city is densely populated, real estate prices in Atlanta, GA are quite affordable compared to some of the other popular metropolitan areas in the country. The Statistical Report on Real Estate in Atlanta, GA, notes that a two-bedroom condo in Atlanta costs between $ 250,000 and $ 300,000. While the cost of a similar property in Manhattan, New York could easily cost you more than a million dollars or more. The real estate report for the week of September 30, 2009 shows there are 12,310 Atlanta, GA properties for sale on the market. The median price per square foot for a home in Atlanta is $ 141, which represents a positive change of 10.2% more than the price of the previous year.
This report was based on the sale of one thousand sixty-five homes that were available for sale in Atlanta, GA. According to statistical reports, the median listing price for property sales in Atlanta, GA, in the week of October 5, 2009 was $ 441,869, which is a negative change of 0.4% from the prior year. The median price of properties for sale in Atlanta, Georgia for the week of October 5, 20009 was $ 191,000, reflecting a positive change of 10.2% from the prior year. Thus, the tides have turned for real estate in Atlanta, GA, which saw property prices plummet due to a series of foreclosures and distressed sales.
Investing in property in Marietta, GA is also a good idea. Marietta is located at a distance of fifteen miles from downtown Atlanta. It is one of the largest suburban areas in the metropolitan region offering a low cost of living and reasonable property prices, making Marietta a preferred choice among first-time property buyers as well as real estate professionals.