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Old 12-21-2011, 09:24 PM
 
Location: Atlanta ,GA
8,040 posts, read 7,132,917 times
Reputation: 2338
Default Rumors of Atlanta's demise are exaggerated and premature

All those naysayers look out.The latest news might be the and of bad times and a restart of a more prosperous New Year and beyond:
Why Atlanta Real Estate Is Heating Up This Winter - Atlanta Business Chronicle
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Old 12-21-2011, 11:13 PM
 
4,268 posts, read 3,673,681 times
Reputation: 2197
I don't get it.

All that article says is that it's not actually true that real estate sells better in the spring than in the winter.

It says November and December have been the best months of this year, but it doesn't give any data comparing them to the same time last year.

Am I missing something?
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Old 12-21-2011, 11:57 PM
 
1,125 posts, read 1,791,781 times
Reputation: 242
Written by a realtor, based on what other realtors she knows are telling her!

Even official data released by NAR was revised by over 10% downwards, for the last 3+ years. Should I trust what an Atlanta realtor says based on hearsay, about Atlanta real estate?
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Old 12-22-2011, 12:14 AM
 
Location: Jupiter, FL
1,162 posts, read 1,066,280 times
Reputation: 807
Quote:
Originally Posted by afonega1 View Post
Rumors of Atlanta's demise are exaggerated and premature
Your statement indicates that you think Atlanta's demise is real. I agree with you.
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Old 12-22-2011, 02:28 AM
 
Location: Atlanta ,GA
8,040 posts, read 7,132,917 times
Reputation: 2338
Quote:
Originally Posted by roadtrip75 View Post
Your statement indicates that you think Atlanta's demise is real. I agree with you.
Nice try.Demise in that it is not as it once was.It has declined from it previously continued growth .So it is premature and exaggerated that there that there is something substantial to this as a permanent position.I believe it is not.
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Old 12-22-2011, 09:34 AM
 
Location: Atlanta
969 posts, read 1,046,532 times
Reputation: 618
Well this kind of goes against the whole demise theory so many have on here...

Metro Atlanta’s jobless rate drops sharply to 9.2 percent in November | The Biz Beat

Everyone likes to talk about Charlotte, but their unemployment rate is still over 10%.
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Old 12-22-2011, 10:49 AM
 
3,282 posts, read 2,979,057 times
Reputation: 1476
Who likes to talk about Charlotte? They've faced a much more serious local blow with their banks and their much higher than average employment in that sector.

By the way, nobody seriously is talking of Atlanta's "demise."
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Old 12-22-2011, 12:35 PM
 
Location: Virginia Highland, GA
1,942 posts, read 2,254,872 times
Reputation: 1103
Atlanta will always be King, Queen, whatever you want to call it in the South. Charlotte is light years behind...........
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