We have a shifty real estate market in metropolitan Atlanta.
We have a shifty real estate market not only in Atlanta, yet also nationwide, really North America wide. It’s shifty.
A Trulia Q&A came up yesterday, and the question is this:
What cities in the Atlanta metro area have the most depressed real estate markets in 2013 and is recovery expected?
That question led me to think about some of the insights that I recently learned at Keller Williams Mega Camp last week.
Tony DiCello stated that we have a SHIFTY market. Gary Keller and many other panelists and thought leaders at KW drew many conclusions about the “shiftyness” or as I like to call it “shifticity” in the real estate world.
And, Gary made it very clear that the only way to power through the shifty shift is to understand and bring about geometric progression in your business, and to bring intense focus on the ONE thing that brings consistent success at whatever you are trying to do to succeed at a high level, in the sometimes difficult to interpret shifty shift.
Got that? Read some of Gary’s books if you want more of that.
So, the shifty real estate market in metropolitan Atlanta is alive and well, 5-6 years after the funny money bubble burst.
And the question that the Trulia Voices member posed certainly intensifies the bottom line in the shifty real estate market in metropolitan Atlanta.
All real estate is local. Hyperlocal. And in order to understand metro ATL’s shifty real estate market, neighborhood by neighborhood, school district by school district analysis is the ticket.
Here’s is my quick answer to his question:
“Vine City, Lakewood, Hapeville and the ‘hoods between Oakland City and Turner Field are the greatest potential long term holds at still depressed prices. Furthermore, in a decade or two, the entire westside and southwestside will be transformed.”
I truly believe that.
Look for my next article to add some macroeconomic insight to the reasons why I do indeed truly believe that if recovery is coming anywhere, it’s coming to the neighborhoods with the best locations, the best housing stock and the best location fundamentals.
And, lack of school quality aside, the most profoundly shifty recovery momentum in the real estate market in metropolitan Atlanta is in Vine City, Lakewood, Hapeville and the ‘hoods between Oakland City and Turner Field. Great housing stock. Great locations. Working on the schools.
So, by the way, if you wanna see where a pocket of school success exists in the shifty metro Atlanta real estate market, look no further than where my friend David Howland, the Founding Principal of KIPP Atlanta Collegiate High School is making a huge difference on the westside.