Atlanta Real Estate Recovery Continues

metro Atlanta home prices increaseAtlanta homeowners who have been waiting out the housing crisis are in store for good news: The Atlanta residential real estate industry is on the mend, with steady, sustainable growth.

How do Atlanta home prices compare?

The Atlanta Business Chronicle reports that the metro Atlanta residential real estate market continues to improve, with home prices up 19 percent for the first quarter of 2013 compared to the first quarter of 2012. This improvement is expected to continue, with Atlanta home prices rising another 4.9 percent in quarter 1 of 2014.

Atlanta’s increase in home prices exceeded the national average, which was 10.2 percent. That’s still impressive growth; in fact it was the first double-digit gain since the apex of the housing bubble back in 2006.

What does this mean for selling your Atlanta home?

While it’s easy to dismiss these statistics as general trends, they have real effects for homeowners. According to the Cherokee Ledger, the average home value in Cherokee County rose from $158,000 to $177,000  from April 2012 to April 2013. That’s a $19,000 increase, and welcome news to families who have felt trapped in homes too valuable to sell during the last seven years.

If you are ready to list your Alpharetta home for sale, The Premier Group can help. Our lead agent, Kris McKeeth explains, “One person can’t do it all and give the clients what he or she needs. That is why we created The Premier Group.” Our team of talented agents will work to help you sell your home quickly and for a great price. To list your home for sale in Alpharetta, Woodstock, Roswell, or any of the other Atlanta communities we serve, contact TPG today!

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