Georgia’s Economy And Real Estate Are Expected To Thrive This Year

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July 21, 2017

According to the Urban Land Institute, Georgia is expected to have higher population growth, job creation, and real estate expansion than the rest of the nation in 2017.

New single-family home starts will rise by 18 percent, the ULI reported, and existing home prices will increase 4 percent.

Atlanta employers including Comcast, Equifax, and State Farm are expected to add 68,000 workers this year, a 2.5 percent increase from 2016.

The Atlanta metro area’s vacancy rate is expected to drop to 6.4 percent, a decrease of 400 basis points from the ten-year high.

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