Get a free comparative market analysis of your home's value sent to you with no obligations.
Search for a Home
Find your Home's Value
Featured PropertyYOUR custom "Market Snapshot" House Hunting Made Easy!
Advanced and Map Based House Hunting
Convenient "SearchSaver" Feature Easy to use! |
The "BEST" investment on Earth is earth.
We sell earth and people dig that!
Click the phone above and get connected with us, right now.
You can speak with a licensed agent with no pressure and no hassle!
The Georgia Economy (2nd Quarter 2008 outlook)
The economic slump will be less severe in Georgia.
•Georgia’s economic slowdown will be much milder than the nation’s. Much of the relief comes from Georgia’s more rapid growth in total jobs, where the state expanded by 1.9% compared to only 0.9% nationwide. As a result, Georgia’s momentum going into 2008 is stronger, and it is expected to suffer only slight negative economic growth in the second quarter, versus both the first and second quarter for the nation.
• The mortgage meltdown will be less of a drag on Georgia than on the nation, asstate housing prices avoided unsustainable heights. Related industries such as finance and construction will face mixed impacts.
• Following this year’s slowdown, Georgia will maintain its momentum with accelerated job growth. Healthy demographic trends and low business costs will keepthe state an above-average performer.
Georgia’s Atlanta Region Outlook
The Metro Region Economy –
Strong job growth in Atlanta will continue to propel
the economy in 2008.
• Strong job growth for Atlanta during 2007 should help avoid recession during 2008. Atlanta experienced overall job growth of 2.2% in 2007 compared to 1.8% for Georgia and only 0.9% for the nation.
• During 2008, the nation is expected to fall into recession. Georgia will undergo periods of negative growth, but Atlanta’s growth will remain positive. The metro area economy will expand on average by 2.7% over the year, and will achieve 4.3% average gross metro product expansion during the second half of the year, well over the national trend.
• Atlanta will continue to be the driving economic force of Georgia, as its recent woes from manufacturing declines are over for now. Longer term, core strength as a trade and
Georgia
Economic Indicators *
2003 2007 2011*
Gross State Product, C$B 300 343 388
Unemployment Rate (%) 4.76 4.44 4.65
Housing Starts - Total 95,456 73,046 100,027
Annual Percentage Growth*
1999-2003 2003-07 2007-11*
Gross State Product, C$B 1.45% 3.44% 3.14%
Housing Starts- Total 1.68% -6.22% 8.14%
*Forecasted data source Moody's Economy.com
Whether you’re buying, selling, renting, or investing in a metro
Partners Hunter and Michelle, along with Buyer Specialist Rebekah Eubanks utilize the latest information technologies, market research, business strategies and web strategies to exceed your expectations.
When it comes to intown residential real estate, our specialty, we will find a property that’s right for you.
Atlanta, Georgia Area Real Estate
Our North Avenue Office Location
Top Ten Cities For Real Estate Investing, 1st Quarter 2008
-
Dallas, Texas
-
Houston, Texas
-
Atlanta, Georgia
-
Fort Worth, Texas
-
St. Louis, Missouri
-
Philadelphia, Pennsylvania
-
San Antonio, Texas
-
Denver, Colorado
-
Minneapolis, Minnesota
-
Phoenix, AZ
PS. Wanna feel GREAT today? Watch THIS:
