Sally English Atlanta Real Estate: Why the Atlanta Real Estate Market is in the Toilet

Atlanta Georgia Real Estate Agents. Sally English and The English Team at Realty Associates of Atlanta, Inc. Atlanta Georgia real estate agents specializing in homes and neighborhoods convenient to Emory University and The CDC. Real estate tips and advice. HOMES FOR SALE in Atlanta, Decatur, Tucker, Emory University, CDC, Mercer and Metro Atlanta neighborhoods. 770-939-3174. SERVING: Emory University, Centers for DiseSe Control, VA, Lakeside High School, Northlake, Tucker, Oak Grove, Decatur, Midtown, Embry Hills, Stone Mountain, DeKalb County, Fulton County, Gwinnett County, Chamblee, Dunwoody, Lilburn, Lawrenceville and Northeast Atlanta neighborhoods.

Why the Atlanta Real Estate Market is in the Toilet

A friend of mine, now passed away and sorely missed, was eulogized by his son at a memorial service.  My friend, Bob White, was a savvy financial advisor (in his second career) and taught his children the value of a dollar as they were growing up.

Miata for saleBob's son, Bobby, told those gathered to celebrate his father's life, the story of turning 16 and talking to his father about a car.

Young Bobby asked his father about the propects for having a car to drive.  "Son, do you know how to spell car?" was Bob's reply to his son.  "Car is spelled J. O. B.  You need to get a job and buy yourself a car."

Very wise advice from a man who lived frugally, died too young, and left behind a legacy for his family.

I am sadddened that many young people are missing out on this lesson.  One of the reasons is the lack of jobs for young people. 

And it is the lack of jobs for adults in Atlanta that has our real estate market in the toilet.  Until we can re-establish a strong and healthy job market in Atlanta, we can expect the real estate market to stay troubled.

The excess invenotry created by the recession will not be cleared up until home buyers have more confidence in the jobs they have and in too many cases until they actually have a job.

Finding a solution to the lack of jobs in Atlanta is a big task, and one I hope and pray our leaders are capable of solving.

 Sally English and The English Team                 

Sally English and The English Team. Atlanta real estate agents.

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All content copyright © 2009-2012 by Sarah Bryant English DBA Sally English and The English Team, Atlanta Georgia. This sale offering is made subject to errors, ommissions, change of price, prior sale and withdrawal without notice.  Potential purchasers should make a physical inspection to verify all features independently.  EQUAL HOUSING OPPORTUNITY.  Sally English is not an attorney or CPA and ALL legal or tax advice should be rendered by a professional. Sally English is an Atlanta real estate agent specializing in homes and neighborhoods convenient to Emory University and The CDC. Thanks for visiting my BLOG! 

3 commentsSally English|Atlanta Georgia Real Estate • September 26 2010 08:41AM

Comments

Good Morning Sally, you have a very good point in your post.

Posted by Dan Edward Phillips, Humboldt and Del Norte Counties, CA over 1 year ago

Help is on the way in November.  That's what I believe and am praying for. 

Posted by Virginia Cheezum (RE/MAX Allegiance) over 1 year ago

Dan, Thanks for the encouragement.

Virginia: I hope you are correct.  But here is the thing, I have lost confidence in any politician's ability to turn this thing around.  All of them sell us on how they will be different and thden once in office it is back to the same old same old.  The American middle class is in harms way and no one seems to be able to direct us to a safe place.

Posted by Sally English|Atlanta Georgia Real Estate (The English Team) over 1 year ago

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