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The Housing Market Is Still Hot in Atlanta, Georgia

2019-06-30T12:00:00

With some of the most affordable housing in the nation, why are some still worried about Atlanta’s future?

Between baby boomers retiring and the job market slowing, city officials worry Atlanta doesn’t have enough skilled workers to replace retiring professionals.

If you’re in the market for a new home in North Atlanta, you’ve still got the upper hand.

Developers are more worried about the health of the commercial real estate industry and how to attract more businesses to Atlanta.

“We are always scanning the horizon, looking for signs, especially given how late we are in this cycle,” commercial developer Mark Toro says, "We are now hypervigilant, much more actively managing risk than we were in 2011."

After years of heavy expansion, developers are bracing themselves for a downtrend, or even another recession if it comes to it.

Why They Have Nothing to Worry About

One of the biggest office buildings in the greater Atlanta region just sold for nine figures. At $120 million, or $186 per square foot, the sale is one of the biggest in Atlanta history

What really makes the Pace West office buildings so appealing to renters is the pedestrian bridge connecting the two.

Two large office buildings become one huge behemoth of commercial rental space.

Farallon Capital might be an out of town buyer, but they aren’t newbies to the Atlanta real estate market.

The San Francisco based investment firm made headlines almost eight years ago when they purchased the Concourse Corporate Center.

The Center is a landmark of downtown commerce.