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MARKET REPORT: Atlanta Real Estate Market Shows Promising Mid-Year Results
By Balazs Szekely, Associate Editor The upswing in the Atlanta economy continues as employers create more and more jobs, indirectly fueling the residential market. This growth is not perfectly balanced; the central core of the metro area and the Northern Perimeter are performing better due to expanding employers and major projects such as the new Braves stadium and adjacent mixed-use development. Almost 75,000 new jobs are expected in the area, expanding payrolls by 3.1 percent. During the past 12 months, the apartment market took delivery of about 5,900 rental units. That was 2,800 more than in the previous four quarters,…
AUGUST ISSUE: Land Rush
Despite tough competition, LIHTC developers are still finding sites in major markets.
Chris Pesek: Millennials: Facility Management’s Future; They Just Don’t Know It (Yet)
Facility management has an aging workforce (average employee age of 49, six years above the U.S. general working population average)—but it doesn’t have to be that way.
AUGUST ISSUE: Student Housing: A Hot Return on Investment
Despite the economic downturn, higher-education enrollment remained unscathed.
Buyer’s Market
By Allie Putterman In the map shown, the Nielsen Designated Market Areas in dark green have households that are 1.26 times more likely than the average to have a net worth of $1 million or more. On average, 9.6 percent of households in these areas have this high net worth. Together, all DMAs in dark green comprise more than one-quarter of the high-net-worth households in the U.S. In contrast, areas in light green, or Quintile 5, are 20 percent less concentrated in these high-net-worth households and capture only 6 percent of them, nationwide, even though these same areas make up…
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