The two hour show flew by as we spoke of young professionals buying homes vs renting; the Atlanta investment property market, and the great, low rates that make buying and saving money perfect right now.
And, one theme that came out in the show was just that: why are more young professionals not buying real estate, buying their first home in this market? Some are doing so; but the market should be flooded with first time home buyers right now with rates this low and home prices this depressed.
Right now, we are seeing a perfect storm in the Atlanta real estate market. To review:
- Atlanta mortgage rates are at ALL-TIME lows
- Metro Atlanta home prices are very, very depressed from their highs
- Atlanta area rents are stable and rising, and expected to rise on average over 10% over the next couple years
- Great management companies exist, and will compete for your business if necessary
So, listen to the show, if you will. Then share a comment, below, on your thoughts. Should young professionals have buying a first home very high on their agenda?
You can hear a complete replay of the show HERE.
I think you will really enjoy the show, and learn something.
As always, if I can help you with your Georgia loan or Atlanta refinance, call me at 1-800-MY-LOANS (1-800-695-6267)