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Those in Atlanta real estate like to postulate about which “inning” of the cycle we are in. I generally hear between the fourth and seventh innings, projecting a few more good years for the market.
In Haddow’s Real News Haddow & Company reminds us Atlanta is prone to excess. “Painful memories fade with prosperity.” The real estate consulting group warns us to be mindful of things such as “easy money, overbuilding and careless loan underwriting,” which might disrupt our present post-recession bliss.
While we are enjoying news of speculative, new and renovated spaces, let’s remember Atlanta is not recession proof.
– Sarah Funderburk, SPR Atlanta