Atlantafi.com is bringing you the latest on the coronavirus pandemic, which has the state of Georgia and the city of Atlanta under a state of emergency.
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While being a necessity, paying property taxes can be a burden on the oldest citizens among us. A new initiative from the City of Atlanta and Invest Atlanta makes it easier for residents to pay their property taxes.
The City of Atlanta and Invest Atlanta have launched an anti-displacement tax relief fund program for older residents. The program is funded by $10 million from the Centennial Yards Housing Trust Fund.
How To Quality for Atlanta’s Tax Relief Fund Program
For qualified applicants, the tax relief program will pay an increase in taxes above the homeowner’s base taxes, for 20 years. All they have to do is continue to qualify for the program.
To be eligible, an applicant must meet the following criteria:
- Be a City of Atlanta homeowner since 2015;
- Be aged 60 or older;
- Have proof of ownership;
- Have a household income of 60% AMI or below;
- Be actively enrolled in qualifying homestead exemption programs; and
- Go to https://fultonassessor.org/exemption to apply.
How Long Is the Anti-Displacement Program Open?
The Atlanta Anti-Displacement Program is open through May 31, 2025.
Apply to the tax relief program here.
Displacement among elderly Americans is driven by a mix of economic, social, and environmental factors, often intertwined with their unique vulnerabilities. Here’s a breakdown of key contributors:
- Economic Pressures:
- Rising Housing Costs: Fixed incomes from Social Security or pensions often can’t keep up with increasing rent or property taxes, especially in urban areas. For example, gentrification in cities like San Francisco has priced out many seniors.
- Healthcare Costs: High medical expenses can drain savings, forcing elders to sell homes or move to cheaper areas. The Kaiser Family Foundation notes that seniors spend about 16% of their income on healthcare.
- Lack of Affordable Housing: Limited access to subsidized senior housing or low-income units pushes many into precarious living situations.
- Social and Family Dynamics:
- Loss of Support Networks: Death of a spouse or family members can leave elders isolated, prompting relocation to be closer to caregivers or assisted living.
- Family Financial Strain: Adult children facing their own economic challenges may be unable to support aging parents, leading to moves to more affordable regions or facilities.
- Health and Accessibility Issues:
- Physical Limitations: Aging in place becomes difficult if homes aren’t modified for mobility issues (e.g., stairs, no elevators). Many seniors relocate to assisted living or single-story homes.
- Access to Care: Rural elders may move to urban areas for better healthcare access, while urban seniors might move to suburbs for quieter, more manageable environments.
Final Word
The City of Atlanta has forwarded several initiatives to help its oldest residents, including a successful food program.
Atlanta has a lot of cool things to do and places to eat, including some of the top soul food joints and remarkable Thai food spots. Explore the city.
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Summer Wilson of Atlanta, Georgia says she has her goals on a micro home on the city’s south side.
“I’ve pretty much just been doing my research, looking for the right area and situation,” the Maryland native says. Micro homes are becoming a literal cottage industry around Georgia’s largest city.
Where Are the Micro Home Communities in Atlanta?
In the Atlanta area, South Park Cottages is a notable micro-home community, offering 29 homes on a 2.5-acre property.
It’s located about 10 minutes from Hartsfield-Jackson Airport and is known for its modern, smaller homes and community focus. Techie Homes, founded by Booker T. Washington, is also developing micro-home communities like Union Park Cottages and South Park Cottages in the Atlanta area.
South Park Cottages
The South Park Cottages in College Park, Georgia, have limited availability (three were listed as of this writing) priced between $200,000 and $300,000.
- Location: College Park, near Hartsfield-Jackson Airport.
- Features: 29 micro homes, walking trails.
- Home sizes: 400-600 square feet.
- Price range: Under $300,000.
- Developer: Booker T. Washington.
Union Park Cottages
Union Park Cottages offer a micro-home community with a technology lab and coffee. The structures also offer financing programs that include $5,000 in builder purchases, which can be utilized for closing cost or upgrades.
Mustard Seed Tiny Homes
At Mustard Seed Tiny Homes in Buford, Georgia, buyers get a premium tiny house in modular structures. These are permanently placed homes that become a landmark in the community and city.
The homes are small, but are known to be high-end designed, yet affordable. They are built with high quality materials and modern amenities.
Tiny Homes of The South
Venture to Tiny Homes of the South and you’ll find park model tiny homes and connects with manufacturers for cost-effective options.
Heritage Housing
Heritage Housing: A mobile home dealership with a wide array of new mobile homes for sale.
Wilson, mentioned earlier, says she prefers a micro home because of the cost savings compared to a regular-sized home.
“What I like most is that tiny homes are portable, which is something I’ve researched. They give me more flexibility to relocate without the commitment of a permanent residence, if that’s what I choose to do,” she says.
Micro Homes: Pros and Cons
Here’s a table outlining the pros and cons of living in a tiny home:
Pros Cons Affordability: Lower purchase price and reduced maintenance costs compared to traditional homes. Limited Space: Restricted room for belongings, furniture, and living activities, which can feel cramped. Lower Utility Costs: Smaller space means reduced energy consumption for heating, cooling, and electricity. Storage Challenges: Minimal storage space can make organization and clutter management difficult. Environmental Impact: Smaller footprint reduces resource use and carbon emissions. Lifestyle Adjustments: Requires significant downsizing and adaptation to minimalist living. Mobility: Many tiny homes (especially on wheels) allow for easy relocation. Zoning Restrictions: Local laws may limit where tiny homes can be placed or lived in long-term. Simpler Living: Encourages minimalism, reducing clutter and focusing on essentials. Privacy Issues: Limited space can make it hard to host guests or find personal space in shared living. Quick Build Time: Tiny homes can be built or purchased faster than traditional homes. Resale Value: May have lower resale value or a smaller market compared to conventional homes. Customizability: Easier to design or personalize a small space to fit specific needs. Utility Limitations: Some tiny homes lack full plumbing, electricity, or modern amenities. This table reflects common considerations based on why people like and dislike micro homes, although considerations may vary based on specifics like location, materials and climate.
Want to know up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
See The Latest Atlanta Real Estate News At AtlantaFi.com.
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The cost of land isn’t getting any cheaper, no matter if it’s in Atlanta or across Georgia.
If you’re in the market for some Georgia land, you’re making a wise decision. Real estate prices in rural areas are going up, but are still affordable.
With real estate prices continuing to increase, now’s a good time to buy property. Are you uncertain about the process of buying land in Georgia? Read on….
How Do I Buy Land In Georgia?
In this article, we’ll show you step by step how to buy a plot of land in Georgia.
My family owns several plots of real estate around metro Atlanta and because I’m constantly looking for real estate, I’ve also researched the process thoroughly.
Land prices vary wildly. In rural areas like South Georgia, you might find acres for $2,000-$5,000 each. Near Atlanta or Savannah, expect $10,000-$50,000+ per acre, depending on development potential. Factor in taxes, closing costs, and any financing fees.
First things first, you need to get pre-approved for a loan.
1. Get Pre-Approved
Getting pre-approved for a loan to buy land is exactly like getting pre-approved for a mortgage. The reason why this initial step is so important is because Realtors will have an incentive to work with and for you.
Once you’re pre-qualified for a loan, the real estate professionals you’re dealing with will take you more seriously because they want your business.
If you apply and are not approved, take these steps to improve your credit fast.
2. Search For Land
It’s time to begin your search for affordable land for sale.
In a large metropolitan area like Atlanta, parcels of land sell at a premium. If you want several acres, you’ll have to expand your search to cities about an hour’s drive from downtown Atlanta.
How Much Does An Acre Of Land Cost In Georgia?
The price of an acre of land in Georgia depends on where it’s located and whether it is improved or unimproved.Last year, the average price per acre in Georgia increased by 11% to $4,550 per acre. Irrigated land averaged $4,060 per acre while the value of non-irrigated land dropped 5% to $3,010 per acre.
If you’re looking for farmland or just some acreage, if you don’t know a Realtor, then you can begin your search online.
Some websites you can look for parcels of land on are:Know The Zoning Laws
Once you’ve found a piece of land you like, familiarize yourself with the local zoning laws.Some areas won’t let you build wooden structures. Other areas won’t let you build with stone. Others won’t allow livestock. Research what’s allowed where you want to live.The typical zoning regulations govern such things as:- Building specifications of the type of buildings allowed.
- Where utility lines must be located.
- Restrictions on accessory buildings, building setbacks from the streets and other boundaries.
- Size and height of buildings.
- Number of rooms in a structure.
In addition to knowing what type of structures are allowed to be built, you’ll need to know land use rules as well.Here are some common land-use zones that could apply to the area you’re interested in:- Agricultural Zoning
- Commercial Zoning
- Combination Zoning
- Historic Zoning
- Industrial Zoning
- Residential Zoning
- Rural Zoning
You may be saying to yourself, “How do I find out about zoning laws?”The best place to start is with the locality’s department of city planning, or similar office. They’ll tell you all you need to know about the zoning laws in that area.3. Compare Your Land Choices
Photo credit: Observer.globe.gov Once you’ve done all your zoning research, it’s time to whittle down your list of land parcels you like and choose one.
Some things you may want to consider are:
- Access: How far is the property from the interstate or major highway?
- Privacy: How close are you to the neighbors and nearby noise?
- Terrain: Are there hundreds of trees, woods or just undeveloped land, dirt or grass?
- Irrigation: Is there a water source nearby? A lake or creek that runs through the property?
All of these things may increase or decrease the value of the land depending on your intentions for it.
In any event, once you’ve made your decision to buy the land, it’s time to put it in writing.4. Make An Offer On The Land
To make a formal offer on a piece of land you’ll need a real estate agent’s Bid Offer form. You can find samples of a Bid Offer form online.
When making an offer, you don’t want to go too high in price. Let your offer be based not on the property’s asking price, but on the amount you’ve been pre-approved for.
Should You Offer Over The Asking Price?
If you offer over the asking price, you’ll have to go back to your lender to make sure you can get financing to cover it.
You’ll also want to know if the appraisal of the land justifies the asking price.
If you make an offer too low, it may not attract the seller because they may get higher offers from others looking to buy the property.
Bottom line: Your offer will have to be higher than the others if you want the land.
Let’s say the seller accepts your offer. What now?5. Sign The Land Sale Contract And Purchase Agreement
Once the offer is accepted, the buyer and seller typically sign a Land Sale Contract / Purchase Agreement.
This is a legal document that solidifies the intentions of both parties to make a real estate transaction.
Here are some terms typically found in a Land Sale Contract / Purchase Agreement:- Price
- Property size, boundaries and description
- Title
- Seller disclosures
Typically, the buyer’s agent will have the purchase agreement written up by a practicing real estate attorney.
The Land Sale and Purchase Agreement becomes binding when all signatures have been obtained.
6. Prepare For Closing
Unlike a home closing, when you’re buying land you don’t have to worry about such things as an inspection and making some demands for last-minute repairs and replacements.
As a buyer, you will typically be expected to provide for anywhere between 2% to 5% of the closing costs. However, depending on other concessions you make, it’s possible that you may not pay any money at all at closing.
One thing you don’t want to skip is a soil test. A soil test also indicates which elements are missing from your soil and how much to add them if you plan on growing fruits, vegetables and other crops.
A soil test will also tell you:
- The pH level in the soil.
- What nutrients and minerals are in the soil such as nitrogen and phosphorus.
You can buy a soil kit from various retailers such as Lowes and Home Depot. You can also order a soil test kit online. Here’s a comprehensive one that I like:
Once you sign all the appropriate documents at closing, the land will be yours! Some real estate lawyers may break out a bottle of Champagne to celebrate, but that’s optional:)
Final Words
Buying a piece of land is a great investment and something that can stay in your family for generations. If you do it right — following all the steps from zoning laws and getting a soil test, etc. — it can be a smooth process.
Because of the many parts involved in buying land, it’s highly advisable that you use the services of a professional real estate agent. A Realtor can walk you through the land-buying process more easily. Also, many of them have the professionals you need already in their network.
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The average cost of an Atlanta home has edged upward over the past year, putting even more strain on local affordable housing. Is the trend expected to continue in the short term? Keep reading.
How Much Does A Home Cost In Atlanta?
The median price for a home in Atlanta sold for $404,000, an increase of 1.0% from last January. The average sales price was $500,500, up 4.1% from the previous year.
Are Houses Expensive In Atlanta?
The median sales price continues to increase for single-family residential properties in Atlanta as well as other major cities across the country. That means homes in Georgia’s largest city are considered expensive.Here are some more Atlanta housing statistics from Rocket Homes from January 2025, the latest available at this writing:
What Is The Price Of An Atlanta Home By Bedroom Count?
Beds Jan 2024 Jan 2025 Change YoY 1 Bedroom $254.9K $256.3K +0.6%2 Bedrooms $333.2K $345K +3.6%3 Bedrooms $381.6K $399.2K +4.6%4 Bedrooms $575K $586.8K +2.0%5+ Bedrooms $899.2K $955.5K +6.3%Atlanta Housing Market: A Refresher
Atlanta’s leaders in the late 1990s took on the challenge of breaking up the city’s concentrated poverty. This meant that housing projects had to be demolished. That’s exactly what happened.
The large-scale demolition helped spread low-income families throughout metro Atlanta, especially in Clayton and Fayette counties.
Due to the rising costs of inflation, affordable housing began to dwindle in Atlanta. This has increased due to the growth of the Beltline.
Since 2005, more than 2,600 affordable workforce units have been created within walking distance of the Atlanta Beltline. But more must be done.
The city is committed to building 5,600 housing units that are affordable.
Final Word
Purchasing a home may not be as affordable as it used to, but as long as you take the proper steps, including getting an inspection, it can work out.
When it comes to buying land your risk is not as great, but it still takes strategy. On the other hand, you may want to explore the rental market if it makes more dollars and sense for your wallet.
If a home is what you need for you or your family, it may be time to make some money moves to come up with a mortgage.
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Former NBA star Dwight Howard listed his expansive 32,000-square-foot Rose Hill Estate in Suwanee, just outside Atlanta, for $11.25 million on January 31, 2025.
The property, known as Rose Hill Estate, is located at 5200 Moore Road, approximately 35 miles northeast of Atlanta.
Dwight Howard Lists Atlanta-Area Mansion
Built in 2010 at a reported cost of $40 million, the mansion features 10 bedrooms, 12 full baths, 9 half-baths, and six full kitchens. Amenities include a home theater, game room, gym, heated saltwater pool, half-court basketball court, and a private lake with a dock.
Photo credit: Zillow
Howard’s Rose Hill Estate in Suwanee, Georgia, is a luxurious 32,000-square-foot mansion situated on 14 gated acres. Built in 2010 at a reported cost of $40 million, the property blends European-style architecture with modern amenities. Howard purchased the estate in 2016 for $8.8 million, and as of January 2025, it is listed for sale at $11.25 million.
Key Features:
- Bedrooms and Bathrooms: 10 bedrooms, 12 full baths, and 9 half-baths.
- Kitchens: Six full kitchens equipped with high-end appliances.
- Primary Suite: Includes a private balcony, two fireplaces, and separate baths and closets.
- Entertainment Spaces: Home theater, game room, gym, and a unique custom-built snake room featured on Animal Planet’s “Tanked.” Online Athens
- Outdoor Amenities: Heated saltwater pool, half-court basketball court, private lake with a dock, and landscaped grounds.
- Additional Features: Elevator, multiple living and dining areas, and a garage accommodating over 10 vehicles.
Dwight Howard’s mansion in Suwanee, Georgia, is a 32,000-square-foot estate with luxury amenities, including:
- 10 bedrooms
- 12 full bathrooms & 9 half-baths
- 6 full kitchens
- Home theater
- Game room
- Gym
- Indoor basketball half-court
- Heated saltwater pool
- Private lake with a dock
- Aquarium & snake room
- Outdoor kitchen & entertainment area
- Multiple living and dining spaces
Howard purchased the estate in 2016 while playing for the Atlanta Hawks. Given the recent listing, his current residence is not publicly disclosed.
Photo credit: Zillow
Final Word
This high-profile listing highlights the luxury real estate market in the Atlanta metro area, showcasing a property with significant size and amenities drawing attention to the region’s upscale housing trends. It also is a symbol of the many celebrities with Atlanta-area mansions.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
See The Latest Atlanta Real Estate News At AtlantaFi.com.
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When it comes to determining how much to spend on rent in Atlanta, a good rule of thumb for rent is the 30% rule, which suggests you should spend no more than 30% of your gross monthly income on rent. However, Atlanta’s rental market has become increasingly expensive, so the actual amount you should spend depends on your income, lifestyle, and financial goals.
Are you looking for an apartment in Atlanta, Georgia. Now may be the time to rent, according to the market. The average rent amount in Atlanta is $1,802, per 2025 data. That’s what you’ll pay for a three-bedroom.
So you should figure on spending around $1,000 on rent in Atlanta for a one-bedroom apartment. But the real question you may now have is “How can I save money on rent in Atlanta?”
General Rent Prices in Atlanta (2025 Estimates)
- Studio Apartment: $1,300 – $1,800/month
- One-Bedroom Apartment: $1,500 – $2,200/month
- Two-Bedroom Apartment: $1,900 – $3,000/month
- Luxury or High-Demand Areas (Midtown, Buckhead, Old Fourth Ward): $2,500+ for a one-bedroom
How Much Should You Make to Afford Rent in Atlanta?
Using the 30% rule:
- $50,000/year → Max rent: ~$1,250/month
- $70,000/year → Max rent: ~$1,750/month
- $100,000/year → Max rent: ~$2,500/month
Here’s How To Save On Rent In Atlanta
This article is going to show you how to save money on rent in metro Atlanta.
1. Stay Out of North Atlanta
If you want to save hundreds of dollars a month, you’ll do best avoiding apartments in Buckhead, Sandy Springs on up into Alpharetta. Those areas have the highest rents in the metro area.
Instead opt for cities just outside I-285 like Smyrna, East Point or in north DeKalb County’s Doraville and Chamblee.
2. Sign A Longer Lease
Instead of opting for a typical 12-month lease, ask the landlord if they would be interested in locking you up for a longer lease. Be sure to tell them that you’re open to it only with a lower monthly rent.
While it may not be something that an apartment complex goes for, a private landlord of a building or apartment may want the security that a longer lease brings.
3. Go Small
It used to be a time when a larger space was the envy of all your neighbors, but things have changed. Many tenants prefer smaller places now, especially with COVID-19 preventing large indoor gatherings.
4. Barter With Your Landlord
If you’ve got some skills, see if you can barter with your landlord. If you see that they need a service you provide, ask to be compensated with a rent discount.
5. Get A Roommate
If you can live with other people, an easy way to bring your rent costs down is to get a roommate. If none of your friends or family members want to room with you, here are some sites you can find roommates on:
6. Rent In The Winter
Landlords typically offer better deals on rent in the winter, according to ApartmentList.com. In the warmer months are when renters typically decide to move, which inclines landlords to creep their prices higher.
To capitalize on less moving traffic, landlords are apt to drop their rents when it gets cold. The site says December or January are the best times to move.
Last Words
If you’re looking for a place to rent in Atlanta, don’t overpay for your stay.
If you can’t seem to find a place you like to rent due to money reasons, see if you can get a roommate or two.
Another option may be to look into renting a room or long-term Airbnb.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Keep up with what’s going on in Atlanta’s real estate scene here.More AtlantaFi:
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The New Home Lot Supply Index (LSI) has reached 60.8, indicating a 1.7% decrease from the fourth quarter of 2024 compared to the same period in 2023. That being said, Atlanta has been found to have adequate lot supply, according to a recent report from Zonda, a real estate data services company.
This suggests that the market remains “significantly undersupplied” nationally, a trend persisting since 2017, according to new figures just released in February 2025. However, on a quarter-over-quarter basis, lot supply increased by 5.4% from the third quarter of 2024, reflecting a gradual improvement in availability.
Ali Wolf, chief economist at Zonda, noted, “Land and lot supply is at the healthiest levels we’ve seen in years.”
What Is the New Home Lot Supply Index?
The New Home Lot Supply Index measures the availability of developed lots for new home construction.
A higher index indicates a greater supply of lots, which can support more new home construction, while a lower index suggests a tighter supply, potentially leading to higher home prices and slower construction growth.
Between 2021 and 2022, builders were concerned about a potential shortage of buildable lots due to rapid demand growth. However, lot supply surged in late 2022 and early 2023 as consumer demand softened while lot development continued. Currently, the market is characterized by steady growth in both lot supply and new housing starts.
Lot Supply: A Snapshot of America
Year-over-year, lot supply tightened in most major metropolitan areas during the fourth quarter of 2024, with 17 out of 30 markets experiencing a decrease, down from 22 in the previous quarter.
Notably, Orlando, San Francisco, and Nashville saw the most significant loosening in land supply. In these areas, fourth-quarter housing starts varied compared to the previous year: Orlando experienced a 7% increase, San Francisco a 5% rise, while Nashville saw a 2% decline.
Atlanta Lot Supply Deemed Adequate
Three markets—Austin, Atlanta, and Dallas—are now considered appropriately supplied, while San Antonio remains slightly undersupplied. In the fourth quarter, housing starts increased year-over-year in three of these markets, with Austin being the exception. Vacant developed lots (VDLs) also rose in three markets, excluding Atlanta.
Atlanta Housing Market Trends
Population Growth: Atlanta has been experiencing significant population growth, driven by its strong job market, relatively low cost of living, and quality of life. This growth increases demand for housing.
Housing Demand: The demand for housing in Atlanta has been robust, leading to a competitive market for both existing homes and new construction.
Supply Constraints: Like many growing cities, Atlanta has faced challenges with land availability and zoning regulations, which can impact the New Home Lot Supply Index.
Construction Activity: Despite supply constraints, construction activity has been relatively strong, with developers working to meet the high demand for housing.
Factors Influencing the New Home Lot Supply Index include land availability, which is the amount of available land for development is a critical factor. Urban areas like Atlanta often face limitations due to geographic and regulatory constraints.
Another factor is zoning and regulations. Local zoning laws and building regulations can impact the ability to develop new lots.
Final Word
Total future lots, expected to be delivered over the next 12 to 18 months, increased by 13.2% year-over-year in the fourth quarter of 2024 but declined by 6.7% from the previous quarter. While the annual growth is notable, it’s important to recognize that the fourth quarter of 2023 represented a recent low point in the data. Overall, upcoming lots were 5.7% higher in 2024 compared to 2023 and 14.4% more in the fourth quarter of 2024 than in the same period in 2019.
In summary, while the national lot supply remains undersupplied, recent data indicates a positive trend toward increased availability, offering a more balanced outlook for future housing developments.
The Peach State’s largest city has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
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As a major city in the Southeast, Atlanta has benefited from an influx of new employment opportunities, additional residents, and all of that has led to heightened competition for housing.
This increased demand in metro Atlanta has elevated home prices in a competitive real estate market.
A recent report from Realtor.com indicates that Atlanta is among the top real estate markets in America.
To come up with the list of hottest markets, Zillow analyzed the 50 largest U.S. metro areas for the following:
- home value growth
- projected change in owner-occupied households
- job growth compared to new construction
- the speed at which homes are sold
Top Real Estate Markets in America
Based on recent forecasts and analyses, here are the top 25 real estate markets in the United States for 2025:
- Colorado Springs, CO
- Miami-Fort Lauderdale-Pompano Beach, FL
- Virginia Beach-Norfolk-Newport News, VA-NC
- El Paso, TX
- Richmond, VA
- Orlando-Kissimmee-Sanford, FL
- McAllen-Edinburg-Mission, TX
- Phoenix-Mesa-Chandler, AZ
- Atlanta-Sandy Springs-Alpharetta, GA
- Greensboro-High Point, NC
- Tucson, AZ
- Austin-Round Rock-Georgetown, TX
- Durham-Chapel Hill, NC
- Charlotte-Concord-Gastonia, NC-SC
- Little Rock-North Little Rock-Conway, AR
- Jacksonville, FL
- Cape Coral-Fort Myers, FL
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Harrisburg-Carlisle, PA
- Denver-Aurora-Lakewood, CO
- Allentown-Bethlehem-Easton, PA-NJ
- Columbia, SC
- Lakeland-Winter Haven, FL
- Tampa-St. Petersburg-Clearwater, FL
- Greenville-Anderson, SC
Why Is Atlanta a Top Real Estate Market?
Atlanta is considered a top real estate market due to several factors that have been at play for the last few decades:
Economic Growth: The city’s robust economy, driven by sectors such as information technology, film and television production, and a growing tech industry, attracts businesses and professionals alike. This economic vitality fuels demand for both residential and commercial properties.
Population Influx: Atlanta continues to experience significant population growth, with many individuals relocating to the city for its employment opportunities and vibrant culture. This influx contributes to a strong demand in the housing market.
Affordability: Despite rising home prices, Atlanta maintains a more manageable cost of living compared to other major U.S. cities. This relative affordability makes it attractive to both homebuyers and investors.
Rental Market Strength: The city boasts a robust rental market, driven by a transient population and a consistent influx of students and professionals. This dynamic supports strong rental demand, benefiting property investors.
Market Resilience: Atlanta’s housing market has demonstrated resilience, with home prices appreciating at a normalized rate of about 3-6% annually. This steady growth indicates a healthy and stable market.
Final Word
Atlanta has always been a region known for the best real estate markets, with relatively cheap housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
See The Latest Atlanta Real Estate News At AtlantaFi.com.
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Rapper Cardi B. has made Atlanta her home in the last several years after marrying fellow rapper Offset, who is from Gwinnett County. Now Cardi B, who also owns a home in Los Angeles, is ready to part ways with her Atlanta mansion.
Speaking on social media, Cardi posted that “mi casa … I don’t want it no more,” referring to a photo of the mansion, one of many celebrity mansions in Atlanta. She went on to say that she didn’t feel at home in Atlanta or anywhere except New York, which is where she’s from.
Cardi B and Offset, who she has parted ways with, bought the Atlanta home in 2019 of stardom for her husband’s group, Migos.
Is Cardi B Putting Her Home Up for Sale?
While it’s not up for sale just yet, the Atlanta mansion is a contemporary structure that is sure to draw plenty of attention from rich home seekers in Buckhead, one of the city’s most expensive neighborhoods.
Cardi B and Offset’s Atlanta mansion, purchased in December 2019, is a stunning estate located in a gated neighborhood in the affluent Buckhead area of Atlanta, Georgia. Here are the details:
Square Footage and Property Size
- Square Footage: Approximately 22,500 square feet of interior space.
- Land Area: Nearly 6 acres of land, providing privacy and plenty of outdoor space.
Key Amenities
- Bedrooms and Bathrooms
- Multiple bedrooms and bathrooms, including lavishly designed suites.
- Grand Interiors
- A grand foyer with high ceilings and an impressive spiral staircase.
- Spacious living areas with luxurious finishes.
- Kitchen and Dining
- Gourmet chef’s kitchen with high-end appliances and custom cabinetry.
- Formal and casual dining areas.
- Recreational Features
- A game room for entertainment.
- A private wine cellar.
- Private Theater
- A dedicated home cinema for movie nights.
- Outdoor Spaces
- Resort-style swimming pool with a spa.
- Manicured lawns and gardens.
- Multiple patios and outdoor seating areas.
- Security and Privacy
- Located in a gated community with additional security features.
- Additional Luxury Touches
- Walk-in closets, custom fixtures, and unique architectural details throughout.
The mansion’s grandeur reflects Cardi B and Offset’s bold and lavish style, and it has become a centerpiece for their family and social gatherings.
Final Word
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
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Have you ever thought about renting your home out to a film production company? Atlanta, Georgia, is a movie mecca, so it’s easy to find projects that need a location. When you take a look at your home, you may not see extra money, but that’s exactly what it can be. All you have to do is rent your your home for services that are in demand. One thing that may be in need near you are filming locations. Your house no doubt is the largest purchase you’ve ever made. Now it’s time for the big pay back. Check out these ways that you could rent out your home to earn extra money.How To Rent Your House To Earn Extra Money
Not only are these methods fairly easy in a city like Atlanta, but this can work in any city in America.Let’s look at five steps you must do to rent your home and be successful:1. Make Sure You’re Landlord Material
It may sound strange, but just because you have a home for rent doesn’t mean you’re a good landlord.It’s actually a lot of work, especially in the beginning.Lots of legal paperwork as well as physical labor.Of course, you can always hire a property manager. That will drew up your time and mind, but that will also eat into your bottom line.Here are some of the tasks of a landlord:- Take care of repairs
- Handle all maintenance
- Pay insurance & property taxes
- Collect rent
- Get along with the tenant
If you’re up to the tasks, you can make some real money by renting your home.2. Clean Up
The first thing you’re going to have to do is get your home professionally cleaned or gather some friends and family for a big scrub-down.Only with a thorough cleaning can you see what kind of condition the home is in. Only then can you see how much rent your house can fetch on the open market.You will want to scrub baseboards, mop floors, wipe down walls, blinds and wash curtains. Once it’s all clean, you may decide to make some modest improvements.3. Upgrades
If you have some fixtures or appliances that work but have become dated, you may choose to upgrade them.We’re not talking about major upgrades, but smaller DIY projects that could modernize the space and persuade people to stay there.A fresh coat of paint to a room or two is just one suggestion. Here are some nice touches you could add:Diamond Brite Paint 31150 5-Gallon Oil Base All Purpose Enamel Paint Grey – $109
Solar Lights Bright Pathway Outdoor Garden Stakes – $56
Dynasty Hardware Door Handles (6 Pack) – $104
Buy It4. Market Your House
Now it’s time to market your house to see if you can rent it out. Make sure you use words like “gourmet,” and “amenities.” Of course, always be honest in the descriptions you use.Of course you could post some flyers in the surrounding area, but today it’s way easier to market online.What Is The Best Website For Rental Homes?
Here are some of the best sites to list your house for rent:Believe it or not, some Realtors will help homeowners to rent out their homes. Of course, the agent will charge a commission.5. Choose The Right Tenant
The best experience you could possibly have as a landlord has everything to do with choosing the right tenant.If you rent your home to someone that likes to throw parties all the time, or is a smoker, or takes in rescue animals, you may Ed up regretting it.It’s mandatory that you screen all potential renters by running a background check. In addition to verifying employment and credit history, you should also ask for multiple references.And note: For security reasons, all of this should be done before you meet them in person.Last Thought
Renting out your home is one of the biggest financial decisions you can make.I’d highly suggest you familiarize yourself with state tenants rights and landlord rights so you know how to operate within the law.By doing your homework and due diligence, it can be a profitable endeavor.Up Next How To Make Money From Home
Atlanta has one of thebest real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Keep up with what’s going on in Atlanta’s real estate scene here.More Articles From AtlantaFi: