Your Hosts

Good News For Atlanta

Alan | Market Update, South Atlanta Real Estate | Wednesday, 06 May 2009

atlanta.jpg“If one morning I walked on top of the water across the Potomac River, the headline that afternoon would read:  “President Can’t Swim.”"

 ~Lyndon B. Johnson

Good News?  Really? 

From swine flu, global economic meltdown to the housing bubble busting the news likes to keep us in the know about what scares the daylights out of us.  It’s hard to find the good news and we actually do have some good news in Atlanta. 

We’re Continuing to Grow 

Some items we learned from the U.S. Census Bureau’s latest report.

  • Last year, 114,989 new people moved to the Atlanta metro area, which consists of 28 counties.
  • The Atlanta metro area is now considered the eighth-largest in the country. We moved up one spot, jumping ahead of the Washington, D.C., metropolitan area.
  • From 2000 to 2008, the Atlanta area added 1.13 million people. We were second only to Dallas, which added 1.14 million people.
  • Fulton County has now surpassed the 1 million population mark —- and the rest of metro Atlanta keeps growing too, despite the slowing economy
  • Census projections show Georgia could gain about 4 million people by the year 2030.
  • In terms of percentage population gain, cities in the South took the lead nationally, with eight of the 10 fastest-growing cities.

We’re a Hard Working Group

Atlanta continues to be viewed as a place of great opportunity.  All these facets of Atlanta’s diverse economy will continue to drive our long term economic growth. 

  • Metro Atlanta saw a net growth of 55,000 jobs last year.
  • Consistent job gains among small companies has been the growth engine for the region.
  • Atlanta currently ranks third in the nation in the number of Fortune 500 companies headquartered.
  • In 2008 Atlanta placed sixth in Forbes’ ranking of “Best Places for Business and Careers.”
  • Atlanta has the largest concentration of federal agencies outside of Washington, DC.
  • Atlanta’s transportation infrastructure includes the busiest airport in the world, the largest highway system in the South, and extensive freight and passenger rail lines.

Lots of Folks Are Moving to Atlanta

uhaul.jpgU-Haul just named Atlanta the number one destination in the U.S.  Atlanta took the number one spot for a second year in a row.  Houston moved up to number two from number eight last year and Los Angeles rounded out the top three spots.   Here is the list of the top 10.  You can find the top 50 cities on the U-Haul website. 

  1. Atlanta, Georgia
  2. Houston, Texas
  3. Los Angeles, California
  4. Las Vegas, Nevada
  5. Denver, Colorado
  6. Portland, Oregon
  7. Chicago, Illinois
  8. San Antonio, Texas
  9. Austin, Texas
  10. Orlando, Florida

Note: Our goal is to become the best real estate resource for all of
South Atlanta – Henry, Clayton, Spalding, Butts, Rockdale, Fayette and surrounding counties. The ideas in this blog are our personal opinions and subject to market uncertainties. Should we ever be able to assist you with any of your real estate needs, please give us a call at any of the numbers to the right or call our main line at (770) 769-8000.

1 Comment

Leave a comment

RSS feed for comments on this post. TrackBack URI