Forbes.com recently released a new list depicting the 20 most stable housing markets in America, and Sandy Springs is the only city in Georgia to make the list. Sandy Springs made the cut due to the fact that home values have increased 2.5% in the last year, an achievement not many cities can claim. There is no denying that it is an amazing feat to be considered a stable housing market in such economic times.
In addition to the increase in home values, Sandy Springs is home to three major corporations: UPS, Newell Rubbermaid and Spectrum Brands. These three corporations, as well as the multiple other businesses that call Sandy Springs home, make the metro Atlanta city full of job opportunities, which also adds to the stability of the housing market.
Taking into consideration the stability of the housing market, now is a great time to invest in Sandy Springs real estate. With an increase in home values last year, purchasing a new home is not as risky. While the rest of the nation and Atlanta may be experiencing decreasing home values, Sandy Springs is not. Thus, the likelihood of getting upside down on your mortgage is less and you are more likely to see a faster return on your investment.
So, talk to your real estate agent to get more information about taking advantage of the stable Sandy Springs housing market.
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