05 Sep Five Reasons to Buy Instead of Rent In-Town Atlanta Real Estate
Should you purchase your own home or rent it? While both may have their own pros and cons, there has never been a better time to invest in in-town Atlanta real estate than now. Housing prices are low and in-town Atlanta real estate prices are stabilizing, and seem set to rise this year.
Why should you look at purchasing rather than renting? Here are five reasons to convince you:
1. In-town Atlanta has all the facilities that one could possibly want. There are good neighborhoods (Candler Park, Virginia Highlands, Inman Park) with great schools, if you are looking at purchasing a family home. If you are looking at purchasing a home in Atlanta, look at the new mixed-use developments that are in the area. These developments provide everything you could possibly want, from schools and retail stores to beautiful landscapes and pedestrian walking areas.
2. House prices are at a low. If you are renting you are paying out money without any return at all. Purchasing your own home may be easier on the bank account in the long run, plus you will be investing in a home that you can call your own. If you have children, this will be their heritage as well. You can also gain substantially from up selling.
3. Interest rates are low so you will benefit from taking out a mortgage at this time. Even if you own a home, this is a good time to look at purchasing another home as an investment.
4. In-town Atlanta has a great mix of city as well as Old England heritage. There are Colonial, Georgian, Tudor and English Cottage style homes here. You can have access to the many farmers markets that take place in different areas like Decatur, Morningside and Dunwoody.
5. Atlanta is a culturally rich and diverse city. This is reflected in the number of festivals that are held all year round, bringing communities together.
These are just a few of the reasons that make living in-town so great. When you’re ready to buy your in-town home call The Anderson Group. Tom or Mary Ann will help you find just the right place to meet your needs!
Tom Anderson Mary Ann Anderson
404.277.9581 404.281.2118 tom@TAGAtlanta.com maarealtor@bellsouth.net