Like Dallas’ Fundamentals? Buy Atlanta
Real Estate’s old adage—“location, location, location”—takes on different meanings in different markets. In markets such as New York and San Francisco, physical constraints create price pressures that alter economic fundamentals during a recovery. These low-availability markets recover quickly, yet stall out as economic recoveries mature. By contrast, markets such as Atlanta and Dallas have few physical barriers to construction.
Although markets like Atlanta and Dallas take longer to recover, they accelerate as the economic recovery matures, with strongest growth figures occurring toward the end of the cycle. Supply is key to this behavior, and the reason why fundamentals in Atlanta look poised to overtake Dallas soon.Published: Jan 19 | 2018 Download