• how to buy a home in Atlanta, Georgia.

    Atlanta Ranks Among Top 25 Real Estate Markets in U.S.

    3 Min Read

    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:

    1. Colorado Springs, CO
    2. Miami-Fort Lauderdale-Pompano Beach, FL
    3. Virginia Beach-Norfolk-Newport News, VA-NC
    4. El Paso, TX
    5. Richmond, VA
    6. Orlando-Kissimmee-Sanford, FL
    7. McAllen-Edinburg-Mission, TX
    8. Phoenix-Mesa-Chandler, AZ
    9. Atlanta-Sandy Springs-Alpharetta, GA
    10. Greensboro-High Point, NC
    11. Tucson, AZ
    12. Austin-Round Rock-Georgetown, TX
    13. Durham-Chapel Hill, NC
    14. Charlotte-Concord-Gastonia, NC-SC
    15. Little Rock-North Little Rock-Conway, AR
    16. Jacksonville, FL
    17. Cape Coral-Fort Myers, FL
    18. Washington-Arlington-Alexandria, DC-VA-MD-WV
    19. Harrisburg-Carlisle, PA
    20. Denver-Aurora-Lakewood, CO
    21. Allentown-Bethlehem-Easton, PA-NJ
    22. Columbia, SC
    23. Lakeland-Winter Haven, FL
    24. Tampa-St. Petersburg-Clearwater, FL
    25. 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.

    More Articles From AtlantaFi:

    Comments Off on Atlanta Ranks Among Top 25 Real Estate Markets in U.S.
  • How to get pre-approved for home loan in Atlanta

    How To Get Pre-Approved For A Mortgage In Atlanta

    6 Min Read

    In Atlanta’s evolving housing market, getting pre-approved for a mortgage is one of the smartest first steps for prospective homebuyers. And to get a mortgage, you need to be pre-approved.

    As we enter 2026, the metro area is transitioning toward a more balanced market, with inventory levels rising to around 4-5 months of supply and median home prices hovering near $380,000-$440,000, depending on the neighborhood. While prices have seen slight dips in some areas over the past year, demand remains steady thanks to job growth and events like the upcoming FIFA World Cup.

    At this point, you should have saved up all the money you can for a down payment.

    If you’re already pre-approved for a home loan, it signals to the loan officer, real estate agent and seller that you’re ready to purchase — and not playing around.

    What Is The Best Way To Get Pre-Approved For A Mortgage?

    The best way to get pre-approved for a mortgage is to have all your paperwork in order, but it includes more than that.

    Your credit score is of paramount importance to a mortgage lender, but more on that later.

    Current 30-year fixed mortgage rates in Georgia are averaging around 6.0%-6.6%, offering relative stability compared to recent highs.

    With forecasts suggesting a balanced market in 2026, pre-approval positions you to act quickly on opportunities. Many Atlanta sellers and agents prefer or require a pre-approval letter with offers.

    Follow These 3 Steps To Get Approved For A Mortgage

    This article will go over the steps you need to get pre-approved so that you can get a mortgage.

    First, let’s go over what a mortgage pre-approval is and how it works for you.

    A mortgage pre-approval is a preliminary step to buying a home. It involves an initial offer from a lender to loan you a certain amount of money so that you can buy a home.

    What Is A Mortgage Pre-Approval And How Does It Work?

    The amount of money that the lender pre-approves is based on their evaluation of your three things:

    • Your Creditworthiness
    • Your Finances
    • Your Job Outlook

    A mortgage pre-approval will require that you hand over a lot of your personal information, including your Social Security number for a credit check and more.

    1. Get Your Free Credit Report

    The first step you need to do is get a free copy of your credit report. You can do that by going to AnnualCreditReport.com.

    Start by reviewing your credit report (free annually from Equifax, Experian, and TransUnion). Aim for a score of 720+ for the best rates. Pay down debts and avoid new credit applications to keep your score strong.

    AnnualCreditReport.com is a government-backed website that shows you your credit reports from the Big 3 credit Bureaus: Equifax, Experian and TransUnion.

    2. Shop Around for a Lender

    Different lenders offer different mortgage products and may have different criteria for pre-approval. It’s a good idea to shop around and compare offers from multiple lenders to find the best terms for your situation

    3. Get Your Credit Scores

    You’ll also want to find out what your credit scores are from the Big 3 credit bureaus. If your credit scores are low with a particular credit-reporting agency or with all of them, you should try to improve them.

    Here’s how to improve your credit score easily.

    What Credit Score Is Needed For A Home Loan In Georgia?

    In Georgia, as well as elsewhere, you’re going to need a credit score on the high end to qualify for a home loan.

    According to Credit Karma, which uses the Average VantageScore 3.0 model, the national qualifying average credit score is 717. In Georgia, you’ll need a score around 700 to purchase a home.

    f your credit score is lower than you’d like, take steps to improve it before applying for a mortgage. This can include paying down existing debts, making all your payments on time, and avoiding opening new lines of credit.

    4. Have Your Financial Paperwork In Order

    Before you get pre-approved, you’ll need some documents for verification purposes. These include:

    • Recent pay stubs (last 30-60 days)
    • W-2s or tax returns (past two years)
    • Bank statements (2-3 months)
    • Proof of assets (investments, retirement accounts)
    • Information on debts (loans, credit cards)
    • ID (driver’s license, Social Security card)

    If you plan to have someone on the loan with you — perhaps a spouse or significant other — they will have to submit some personal information as well.

    To apply for a mortgage pre-approval, you’ll need to provide various documents, including proof of income (such as pay stubs or tax returns), proof of assets (such as bank statements), and information about your debts (such as credit card balances and loan payments).

    Submit Your Application

    Apply online, by phone, or in person. The lender will run a hard credit inquiry and verify your info. This typically takes a few days to a week.

    5. Get Pre-Approved!

    Once you gather all of that financial information, you can submit it for mortgage pre-approval to your lender of choice. You will get a pre-approval letter informing you of the amount.

    Here’s a pro tip you might want to consider: Always try to get pre-approved with more than one lender. This increases your chances of getting pre-qualified exponentially.

    Once you’ve chosen a lender, you can apply for pre-approval either online, over the phone, or in person. The lender will review your financial information and credit history to determine how much they’re willing to lend you and at what interest rate.

    If you meet the lender’s criteria, you’ll receive a pre-approval letter stating the maximum amount you can borrow and the terms of the loan. This letter can be used to show sellers that you’re a serious buyer when making an offer on a home.

    Once you’re approved, you can start to search for your dream home in Atlanta or any city you want to live in.

    Conclusion

    Your mortgage pre-approval is just that, a pre-approval. That means it still might not go through due to financial issues that come up.

    Let’s say you lose your job during the pre-approval process. Then it’s a good chance, the lender will back out and your mortgage won’t be approved.

    That’s why it’s a good idea to dispute any issues on your credit report or any other issues that come up. Here’s how to dispute your credit report.

    Atlanta has a lot of inspirational people and AtlantaFi.com is going to introduce you to many of them as well as cool places to go, great restaurants and other ATL happenings.

    More from AtlantaFi.com:

    Comments Off on How To Get Pre-Approved For A Mortgage In Atlanta
  • Cardi B Atlanta mansion

    Cardi B Says She Doesn’t Want Her Atlanta Mansion

    3 Min Read

    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

    1. Bedrooms and Bathrooms
      • Multiple bedrooms and bathrooms, including lavishly designed suites.
    2. Grand Interiors
      • A grand foyer with high ceilings and an impressive spiral staircase.
      • Spacious living areas with luxurious finishes.
    3. Kitchen and Dining
      • Gourmet chef’s kitchen with high-end appliances and custom cabinetry.
      • Formal and casual dining areas.
    4. Recreational Features
      • A game room for entertainment.
      • A private wine cellar.
    5. Private Theater
      • A dedicated home cinema for movie nights.
    6. Outdoor Spaces
      • Resort-style swimming pool with a spa.
      • Manicured lawns and gardens.
      • Multiple patios and outdoor seating areas.
    7. Security and Privacy
      • Located in a gated community with additional security features.
    8. 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.

    See The Latest Atlanta Real Estate News At AtlantaFi.com.

    More Articles From AtlantaFi:

    3 Comments
  • rent your home out

    How To Rent Your House To Earn Extra Income

    5 Min Read
    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

    Buy It

    Solar Lights Bright Pathway Outdoor Garden Stakes – $56

    Dynasty Hardware Door Handles (6 Pack) – $104

    Buy It

    4. 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

    6 Easy Ways 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:

    Comments Off on How To Rent Your House To Earn Extra Income
  • Why Atlanta's real estate market is so hot

    Atlanta’s Real Estate Market To Be Among Nation’s Hottest In 2025

    5 Min Read

    Early 2025 is anticipated to bring more competition among buyers as market activity accelerates in the Atlanta area. This will likely lead to faster transactions and fewer opportunities for negotiation compared to the slower pace observed in late 2024.

    The indications are that it may be an opportune time to jump into the real estate market if you’re looking for a home in metro Atlanta. According to Zillow, the city has one of the nation’s best real estate market.

    Atlanta came in at number No. 7 out of the 50 largest U.S. metro areas, according to Zillow’s latest figures.

    Atlanta Real Estate Market: Expect Some Heat

    Home prices in Atlanta are forecasted to grow modestly. Buyers should keep an eye on mortgage rate trends, as higher rates could affect affordability, making it essential to act strategically, around 1.5% by mid-2025, reflecting a balanced market with steady appreciation.

    With increased market activity and growing buyer demand, sellers can expect quicker sales in 2025. However, setting competitive prices will remain crucial as not all homes may see significant appreciation.

    Here are the hottest markets forecast for 2025:

    10 Hottest Housing Markets

    MetroMedian rent (0-2 bedrooms)YOY (0-2 bedrooms)
    Atlanta-Sandy Springs-Alpharetta, GA$1,583-3.4 %
    Austin-Round Rock-Georgetown, TX$1,495-4.2 %
    Baltimore-Columbia-Towson, MD$1,8270.1 %
    Birmingham-Hoover, AL$1,253-2.3 %
    Boston-Cambridge-Newton, MA-NH$2,944-1.7 %
    Buffalo-Cheektowaga, NYNANA
    Charlotte-Concord-Gastonia, NC-SC$1,520-3.8 %
    Chicago-Naperville-Elgin, IL-IN-WI$1,780-4.1 %
    Cincinnati, OH-KY-IN$1,3974.2 %
    Cleveland-Elyria, OH$1,2220.0 %
    Columbus, OH$1,2101.1 %

    Why Is Atlanta’s Housing Market So Hot?

    Atlanta’s housing market is bustling  because the metro area continues to benefit from unique factors that make it one of the most attractive cities in the Southeast.

    Job growth: Atlanta has a diverse economy that continually finds new ways to grow. In 2022, you can expect the tech sector to maintain if not exceed its growth while companies continue to choose the metro stores to bedrock their home offices and headquarters.

    Looking for employment? Here’s how to get hired in Atlanta.

    Population growth: Despite its fullness, the city continues to attract a crowd as job seekers and empty nesters flow into the suburbs around Atlanta.

    The reason people from the West Coast and Northeast continue to find Atlanta attractive is because of the amount of house they can get for the price.

    Housing affordability: Even in a pandemic, Atlanta continues to be an attractive market for families looking for relatively cheap property as well as those interested in investing in rental property in 2022.

    That is especially the case when 50% of the households in the metro area rent rather than own

    How To Find A Home In Atlanta

    The way to go about finding a home in Atlanta is to begin your search by following three steps:

    Get Your Credit Score Up

    Before you’re ready to buy a home, you’re going to need to get your credit score into shape. Anything under 600 will put you in a high-interest category. The way to avoid this is to take the steps months ahead to raise your credit score. You can even boost your credit score by paying your bills.

    Read up on some ways to increase your credit score.

    Get Pre-Approved For A Mortgage

    Once you’re pre-approved for a mortgage, your lender and any Realtor you decide to work with will take you more seriously and devote the much-needed time and energy your home search requires.

    Here’s how to get pre-approved in Atlanta.

    Work With A Realtor

    Once you’re pre-approved for a mortgage, it’s time to find a Realtor. Do yourself a favor and ask those closest to you if they have any friends you have used Realtors. Referrals go a long way in the real estate industry.

    Make your decision based on someone who really knows the area you want to buy in. When you talk with them, have a conversation in which you ask the questions that will let you know how knowledgeable the Realtor is.

    Some questions you might ask include:

    • How long have you lived in the city?
    • If you could afford to live anywhere here, what neighborhood would you choose?
    • What is the most important aspect of a property in your opinion?
    • What are the best schools in the city in your opinion (if you have kids)?

    Some of the larger realty names you should consider are:

    • Keller Williams
    • Harry Norman
    • REMax
    • Berkshire Hathaway HomeServices
    • Coldwell Banker
    • SWG Realty
    • Boardwalk Realty
    • Palmer House Properties

    Read our guide on the best real estate companies in Atlanta.

    Final Word

    Finding your dream home may seem intimidating at first, but by putting in the time, it can happen for you. The pent-up demand that has been gaining steam last year is poised to emerge this year, so it’s important that you act fast if you’re in the market to buy a home in Atlanta.

    The best way to do that is to start off with learning your budget. So here’s a question for you: How Much Home Can You Afford? (Calculator)

    See The Latest Atlanta Real Estate News At AtlantaFi.com.

    More Articles From AtlantaFi:

    Comments Off on Atlanta’s Real Estate Market To Be Among Nation’s Hottest In 2025
  • How much does a home inspection cost in Atlanta, Georgia?

    Buying a Home? Here’s Why You Need a Home Inspection

    4 Min Read

    So you want to buy a home.  If the home inspection uncovers any issues, you can use this information to negotiate with the seller. You may ask them to make repairs before closing or to lower the price of the home to account for the cost of repairs.

    In this article, we’ll cover what you need to know about getting a home inspection and why it’s important.

    How Much Does a Home Inspection Cost?

    The cost of a home inspection can vary depending on several factors, including the size and location of the home, as well as the complexity of the inspection. On average, a home inspection may cost between $300 and $500 for a typical single-family home. However, prices can range higher or lower based on these factors.

    It’s important to note that while cost is a consideration, the quality and thoroughness of the inspection are also crucial. It’s generally recommended to hire a qualified and experienced home inspector who will provide a comprehensive evaluation of the property, even if it means paying a slightly higher fee.

    When budgeting for a home inspection, it’s also important to consider the potential savings or negotiation leverage that a thorough inspection can provide. Uncovering major issues with the property can allow you to negotiate repairs or a lower purchase price with the seller, potentially saving you money in the long run.

    How Long Does a Home Inspection Take?

    The amount of time a home inspection takes depend on several factors, including the size and condition of the home, as well as the thoroughness of the inspection. On average, a typical home inspection for a single-family home can take anywhere from 2 to 4 hours to complete.

    However, larger or more complex homes may require more time to inspect thoroughly, while smaller or simpler homes may take less time. Additionally, if the inspector identifies significant issues during the inspection, they may need additional time to assess the severity of the problems or to gather more information.

    Why Is a Home Inspection So Important?

    Getting a home inspection before buying a home is important for several reasons:

    Identifying Potential Problems

    A home inspection can uncover any issues with the property that may not be visible to the naked eye. This can include structural problems, safety hazards, or issues with the electrical, plumbing, or HVAC systems.

    The inspector should assess the insulation levels and ventilation in the attic and crawl spaces to ensure energy efficiency and prevent moisture problems.

    A good home inspector will also look for any safety hazards, such as exposed wiring, trip hazards, or other issues that could pose a risk to occupants.

    Finding Out the True Condition of the Property

    A home inspection provides a detailed report on the condition of the property, giving you a clear understanding of what you’re buying and any repairs or maintenance that may be needed.

    Budgeting for Future Maintenance

    Even if the home is in good condition, the inspection report can help you plan for future maintenance and repairs, allowing you to budget accordingly.

    Top Home Inspectors In Atlanta

    Although this is a partial list, we’ve really heard great things about these Atlanta home inspectors.

    1. US Inspect
    2. Atlanta Home Inspector
    3. Castle Home Inspections
    4. Discovery Inspections
    5. Inspect-All Services

    Final Word

    It’s important to choose a qualified and experienced home inspector who will take the time needed to conduct a thorough evaluation of the property.

    Overall, a home inspection is an important part of the home buying process that can help you make a more informed decision and avoid potential issues down the road.

    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.

    More Articles From AtlantaFi:

    Comments Off on Buying a Home? Here’s Why You Need a Home Inspection
  • what is the average rent in Atlanta

    What Are The Average Rent Prices In Atlanta?

    4 Min Read

    Rent prices are creeping up in Atlanta and across Georgia and it’s the usual culprits, demand and lack of inventory. If you’re looking to rent an apartment, you’ll almost certainly face sticker shock.

    Since COVID-19 first raised its ugly head in February 2020, the average selling price of a 3-bedroom, 2-bathroom house in Georgia has jumped 56%, reflecting a huge demand coupled with a serious supply shortage. 

    What Is The Average Rent In Atlanta?

    The average rent in Atlanta is $1,521 a month, according to a 2024 analysis from ApartmentList.com. The city has been one of the most expensive metropolitan areas for people looking for apartments in recent years.

    Why Are Rent Prices So High?

    Rent prices have skyrocketed of late because of simple supply-and-demand economics that touch on two main issues affecting Georgia and much of the nation:

    • Rental Unit Shortage: There are not as many housing units to meet population demand in the Atlanta area. The same is true for much of the United States.
    • Housing Shortage: Because people can’t find homes to rent, that has led to a supply issue with rental units as well. Both markets are seeing premium pricing as a result.

    Here are the average prices for a studio, one-, two- and three-bedroom apartment in Atlanta. For average apartment sizes, we used analysis from RentCafe.com.

    ApartmentsAverage SizeAverage Monthly Rent
    Studio500-600 square feet$1,629
    One-Bedroom786 square feet$1,862
    Two-Bedroom1,125 square feet$2,431
    Three-Bedroom1,200 square feet and up$2,882

    How To Lower Your Rental Costs

    Saving on apartment rent can make a big difference in your overall budget. Here are some strategies to help you reduce rental costs or get more value out of your apartment:

    1. Negotiate the Rent

    • Timing is key: Landlords are often more open to negotiation at the end of a lease term or during the off-season (typically winter months, when fewer people are moving).
    • Use market comparisons: Research similar apartments in your area. If you find similar places at a lower rent, use that as leverage when negotiating.
    • Offer to sign a longer lease: If you’re willing to commit for a longer period, like 18 months or 2 years, landlords may offer a lower rate in exchange for stability.

    2. Look for Apartments in Less Expensive Neighborhoods

    • Expand your search area: Often, renting in up-and-coming or less trendy neighborhoods can save you hundreds of dollars each month while still offering good amenities.
    • Consider proximity to transit: Apartments a few blocks from major transit lines or bus routes can be more affordable, but still offer great access to the city center.

    3. Look for Rent Specials or Promotions

    • Move-in incentives: Many landlords offer promotional discounts, such as one month free or a reduced rent for the first few months. These promotions can save you a significant amount over time.
    • Seasonal deals: Rent prices may drop during slower times of the year (e.g., winter months), so you may get a better deal during these periods.

    4. Consider a Roommate

    • Split the rent: If you’re open to sharing, getting a roommate or two can dramatically lower your rent. In many cases, you can rent a two-bedroom or three-bedroom place for much less than the cost of a single unit.
    • Negotiate together: If you’re moving in with a roommate, you can negotiate as a group for a better rate, especially if you’re willing to sign a longer-term lease.

    5. Downsize or Adjust Your Space Requirements

    • Opt for a smaller unit: Consider moving into a smaller apartment or a studio. If you don’t need extra space, downsizing can save you money.
    • Adjust the amenities: If you’re currently in a luxury building with lots of amenities you don’t use, consider moving to a simpler building that doesn’t charge for features you don’t need.

    Final Word

    The average rent price in Atlanta tops more than $2,000, but that figure depends on several factors like unit type, which side of town it’s on and the affordable alternative housing options in the area.

    Rent prices will also depend on which kinds of amenities — like nice pools — are offered.

    Here’s how to find an apartment to rent.

    AtlantaFi Articles:

    Comments Off on What Are The Average Rent Prices In Atlanta?
  • Selling Your Home In Atlanta? Here Are The Top Real Estate Companies

    Here Are The Best Real Estate Companies

    4 Min Read

    It’s no simple thing to sell or buy a home in Atlanta. When the time comes to list on the market, you’re going to want the best real estate company you can get.

    With a so many hot properties in Atlanta, the city has some of the best real estate companies in the Southeast.

    How To Pick A Real Estate Company

    Before deciding on a real estate company, you should familiarize yourself with some insights into the brokerage:

    • What are the commission rates?
    • What is the brokerage’s reputation?
    • How much and how many fees?

    Once you’ve found the answers to those questions, it’s time to pick a real estate company.

    Top real estate companies like Keller Williams and RE/MAX have extensive networks, with offices in almost every major city across the U.S. This allows them to serve a broad market and reach more clients. RE/MAX, for example, has a franchise model with over 130,000 agents globally, providing both clients and agents with widespread local knowledge combined with national support

    Here Are The Best Real Estate Companies In Atlanta

    Keller Williams Realty

    Keller Williams is the largest real estate company in the world and as you would expect, it has a strong presence in metro Atlanta, including in upscale and middle class neighborhoods.

    Leading real estate companies invest heavily in technology to provide better service and convenience to both agents and clients. Keller Williams, for example, has its own AI-powered CRM system, Command, which helps agents manage leads, transactions, and marketing. This tech-forward approach allows agents to work more efficiently and meet clients’ needs quickly, enhancing overall client satisfaction

    Learn more Keller Williams Realty.

    RE/MAX

    RE/MAX is another large real estate franchise well represented in the Atlanta area. The brokerage boasts that its agents make the most sales in the industry, so they must be doing something right!

    RE/MAX also invests in comprehensive marketing strategies, from digital advertising to polished property listings with high-quality photos and videos. Compass, in particular, is known for its visually appealing branding and cutting-edge marketing technology, which helps it appeal to luxury buyers and sellers

    Learn more from RE/MAX.

    Coldwell Banker

    Coldwell Banker has some of the most diverse agents in the industry and has been operating in Atlanta for over 20 years with several offices throughout the city.

    Coldwell Banker, founded in 1906, is one of the oldest real estate companies in the U.S., which helps instill trust among clients. Their long-standing presence also signals stability and reliability in an industry where brand recognition is essential for client confidence.

    Coldwell Banker’s “A Buyer’s Choice” program and other tailored services show a focus on meeting individual needs. This approach leads to client loyalty and positive word-of-mouth referrals, which are invaluable in real estate.

    Learn more Coldwell Banker

    Harry Norman Realtors

    Harry Norman is a locally-owned real estate company that rates well among customers and clients. The brokerage has been serving the Atlanta area since 1930. Learn more from Harry Norman Realtors.

    Berkshire Hathaway HomeServices

    Berkshire Hathaway HomeServices is another example; its association with Warren Buffett’s Berkshire Hathaway gives it a sense of credibility and financial backing that appeals to high-end clients looking for stability

    Berkshire Hathaway HomeServices has several offices in the Atlanta area and is known for their high-end luxury real estate services. If you’ve got a higher-priced home, you should give Berkshire Hathaway a chance to sell it.

    Atlanta Fine Homes Sotheby’s International Realty

    Listing some of the most expensive mansions in Atlanta, Sotheby’s is locally-owned real estate company specializes in luxury homes and has several offices throughout Atlanta.

    Century 21

    Century 21 is a national real estate franchise with several offices in the Atlanta area.

    A number of areas of the city experienced phenomenal growth in prices, attributed largely to the Beltline. Below is a sample of real estate price prices around Atlanta. Learn more Century 21.

    Final Word

    Selling a home in Atlanta can be a tremendously stressful thing: So much to worry about! That’s why it pays to work with a great real estate company.

    No matter if you’re looking at a pricey neighborhood, or a gentrifying area, real estate firms perform very necessary roles.

    It is important to note that while these companies are among the most well-known, there may be other local real estate companies in Atlanta that are just as good or better. It is recommended to do thorough research and compare different options to find the best fit for your specific real estate needs.

    Related Articles:

    More Articles From AtlantaFi:

    1 Comment
  • Mansion Sales On the Rise in Atlanta

    3 Min Read

    The luxury home market in Metro Atlanta has experienced significant growth, with sales of homes priced between $1 million and $2.5 million rising by 32%.

    Available listings in this price range have also surged by more than 35%, reflecting strong demand for high-end properties.

    The 2024 data comes from real estate firm Harry Norman, which says, “Properties priced at $2.5 million and above also saw a rise in sales, reflecting strong and steady demand for premium real estate. The city continues to attract luxury buyers from across the nation and globe, drawn to its vibrant lifestyle, thriving economy, and unique blend of Southern charm and modern amenities.”

    Are you in the market for an expensive home? If so, there a few things you should know.

    4 Things To Do Before You Buy a Mansion in Atlanta

    Buying a mansion in Atlanta involves a few key steps. Here’s a guide to help you through the process:

    1. Determine Your Budget

    Mansions in Atlanta can range significantly in price, starting around $1 million and reaching up to $10 million or more, depending on location, size, and features.

    Make sure to factor in additional costs like property taxes, homeowners insurance, and maintenance.

    How much house can you really afford?

    2. Get Pre-Approved for a Mortgage

    If you’re not paying cash, securing a mortgage pre-approval is essential. This shows sellers that you’re serious and gives you a clear idea of what you can afford.

    Luxury homes may require jumbo loans, which often have different requirements than standard mortgages. Your lender will guide you on this.

    Read up on how to get pre-approved for a mortgage.

    3. Hire a Real Estate Agent Specializing in Luxury Homes

    Find a real estate agent with experience in the luxury market. They’ll have access to high-end listings and private sales not always listed publicly.

    Agents specializing in mansions can help navigate the complexities of luxury home purchases, including negotiations and closing deals.

    4. Research Atlanta’s Luxury Neighborhoods

    • Buckhead: One of the most prestigious areas in Atlanta, known for its large estates and proximity to upscale shopping and dining.
    • Tuxedo Park: Known for historic mansions and newer luxury homes, with large properties and exclusive living.
    • Ansley Park: A historic district close to downtown, featuring luxury homes and beautiful parks.
    • Sandy Springs and Brookhaven: Offer sprawling estates and gated communities.
    • Druid Hills: Known for its classic architecture and proximity to Emory University.

    Final Word

    Once you find a mansion you like, your agent will help you submit an offer. Negotiating for a luxury home can be more complex due to high price points, so having a good agent is crucial.

    More Articles From AtlantaFi:

    Comments Off on Mansion Sales On the Rise in Atlanta
  • Dominique Wilkins interview

    Dominique Wilkins Signs On As Investor With Real Estate Startup

    3 Min Read

    Former Atlanta Hawks legend and NBA hall of famer Dominique Wilkins has signed on as an investor and partner with Roots, the only real estate fund that creates wealth for both investors and renters.

    What Is the Roots Real Estate Fund?

    Roots is bridging the city’s wealth gap by giving its Atlanta-based renters the opportunity to get invested in the fund for paying their rent on time and taking care of the property. They also have given Atlantans free rent.

    By aligning the interests of everyone involved, Roots is providing significant returns to both its residents and investors alike. Since launching in 2021, Roots has raised over $33 million in investment capital from over 6,000 investors nationally.

    “Roots is providing the opportunity for anyone to invest in real estate,” said Wilkins. “I love Atlanta, and as long as the wealth gap keeps widening, generations of people are getting left behind. We can change that at Roots, and I feel like this might be the best team I’ve ever played on.”

    Wilkins will share his likeness in videos and at curated gatherings to introduce his spheres of influence to Roots and its one-of-a-kind “Live in it Like You Own it®” proprietary program.

    Roots has changed the rental landscape by incenting its residents to take care of their properties and pay rent on time in exchange for earning rental rebates. Residents are invited to invest their initial deposit and quarterly rebates in the Roots REIT thereby investing in the properties they live in.

    By following the program, renters are growing their wealth by an average of $3,600 in just two years and up to $10,000 in five years.

    “Dominique is exactly the person we wanted to join us on this mission. He’s an Atlanta  legend and cares deeply about this city and its people. I grew up watching Dominique lead the Hawks to victory and his endorsement means that we can reach more people both on and off the court,” said co-founder and CEO Daniel Dorfman.

    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.

    More Articles From AtlantaFi:

    Comments Off on Dominique Wilkins Signs On As Investor With Real Estate Startup
×