Atlanta is a thriving city in the northwestern corner of Georgia and one of the most affordable major cities in the United States. More and more buyers are choosing Atlanta for a few key reasons — the robust housing market offers a dependable and secure entry point into the city’s many lifestyle and economic opportunities.
Access to the City
Buying a home in Atlanta will fill your days with unique experiences and lasting memories. You’ll find eclectic food choices and experiences like local farmers markets, multicultural fine dining and delicious street food. Dozens of museums, parks and entertainment venues fill the Atlanta community, too. The actively expanding BeltLine trail system makes Atlanta easier to navigate every day. The weather is toasty in the summer and mild in the winter, so you can comfortably enjoy the city all year.
Employment Opportunities
As one of the largest cities in the U.S., Atlanta is a hub for business and commerce. You’ll find lucrative job opportunities in numerous booming industries like financial technology, logistics, health care, information technology and manufacturing. Whether moving to Atlanta to jumpstart your career or move upward on the ladder, tapping into this community’s options can help you get started.
Affordability
Atlanta stands out as one of the more affordable major cities in the U.S. Expenses like utilities and groceries are even with or below the national average.
As a major city, housing is still more expensive than you’d find in smaller areas, but the city’s lifestyle and financial opportunities can be worth the investment.
Plus, you receive more livable value for your home investment in Atlanta than other major cities. The cost of housing in Manhattan is 407% above Atlanta, meaning you can purchase a spacious home with a yard in Atlanta for a fraction of the price you’d pay in New York.
Healthy Housing Market
Purchasing a house is a significant investment, so it helps to know the local housing market is healthy. Atlanta’s housing market is diverse and vital. You’ll find numerous properties for sale, including apartments, single-family homes, duplexes, condominiums and more. The median sale price hangs around $375,000 to $400,000 — a figure that has improved due to increased construction that supplements the housing inventory. You’ll build equity through mortgage payments while the property’s value rises over time, bringing a gainful return when you sell.
Applying for Home Financing in Atlanta
At Assurance Financial, we support buyers in search of a home they love and an investment that builds their wealth. Our Atlanta-based loan officers will help you understand your borrowing options and the ways you’ll benefit from purchasing a property in the city that rose from the ashes, so we can assist you when you contact us online for more information.
