Why builders love Atlanta

Author: Atlanta Agent Magazine

The list of cities that have been truly dominant in new construction gains in recent months and years is a short one. But that list includes Atlanta, which ranks fourth among U.S. cities with the most new-home development, according to a recent Realtor.com census data study. The number of building permits rose by 19 percent since this time last year, according the data cited in the study. And the Peachtree State is ripe for even more new home construction. What is it about Atlanta that makes it such an attractive place to build and sell new homes—and what should agents know about how to thrive in the new-home market? We spoke with expert sources in Atlanta’s real estate and development industries to get their insights.

Where the action is

Land, relatively cheap labor and a loosening regulatory climate have sweetened the deal for building in the South, especially in major metropolitan areas. And the suburbs of South Atlanta in particular are a builder’s dream. Housing starts increased by 13.8 percent, to 2,048 units in this area, according to Metrostudy. Lots of land and cheaper home prices are a major selling point.

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