THE REAL ESTATE BUSINESS IN ATLANTA

Posted in General, May 11th, 2007 |

realestate-atlanta

Atlanta is in Georgia, USA. A rapid urban sprawl and economic development has made it the driving force for the New South and an international cosmopolitan city. It hosted one of the Summer Olympics. Atlanta is linked to the legendary figure of Martin Luther King and Civil Rights Movement.
Atlanta has an area of 343 square kilometers – 1.8 km being water. It is 320 meters above sea level, south of Chattahoochee River. Atlanta has a humid subtropical climate with abundant evenly distributed rainfall and mild winters.
The skyline of Atlanta is dotted with high-rise and mid-rise buildings of postmodern vintage. The Bank of America Plaza is the tallest landmark and the tallest building after Chicago and New York. High-rises are clustered around three districts – Downtown, Midtown and Buckhead. There are two major suburban clusters – Perimeter Center to the Northeast and Cumberland/Vinings to the Northwest. The Central business district operates around Weston Peachtree Plaza.
Moving on from the general to the particular the real estates are spread out over fourteen regions – Fulton county North, Atlanta, Fulton county South, Deklab county, Gwinnett county, Barrow, Jackson and Habersham & Banks counties, Bartow, Cherokee, Gordon and Pickers counties, Cobb counties, Carroll, Douglas, Haralson, Paulding and Polk counties, Coweta, Fayette and Spalding counties, Clayton, Henry and Rockdale counties, Butts, Newton, Walton and Lumpkin counties and St. Mary’s area.
There are detailed maps on the Internet. Direct communication can be opened with the realtors regarding purchase, sale, mortgage, lease and foreclosure. It is well to bear in mind that each state has separate real estate laws. Taking the services of MLS or Multiple Listing Service – organization that collects, compiles and distributes information about listed homes, will be of great help. Through Atlanta foreclosure listings-guides, properties being sold below market values can be located. With the help of foreclosure deals the client will be able to avail of savings ranging from to 10% to 50%. At the click of a mouse it is possible to know how many come under the categories of foreclosure, pre-foreclosures, bankruptcies and auction in Atlanta.
The price of property in Atlanta is determined by the postal address and amenities offered. For instance the price of two bedrooms with one-bath units in zip numbers of 30310, 30311, 30315 are around $82,000.00, $88,000.00 and $90,000.00 respectively. In the postal zone of Atlanta 49 three bedrooms with two baths cost around $182,000.00 and five bedrooms with four baths is approximately $315,000.00. In Atlanta 13 the price scale is higher with two bedrooms with two baths priced at about $712,000.00.
If Atlanta calls out to you then it is the place to let down your roots and relax.