ipl-logo

Real Estate In Atlanta Essay

811 Words4 Pages

Real Estate in Atlanta Located in the state of Georgia, the city of Atlanta is a hotspot for real estate investments. Atlanta has shown promising population growth and employment, which are two signs of a healthy real estate market. You can purchase turnkey rental properties in Atlanta for as low as $127,000. Comparing that to the national average, which is $152,000, that’s a pretty great deal! The best neighborhoods of Atlanta have shown great job opportunities and diversity in the past year. Crime rates also average in the lows, so you can rest assure that no one will be robbing your home at the dead of night. Let’s take a look at some of the best neighborhoods that you might want to consider looking into. Here are the best neighborhoods …show more content…

With a population of roughly 2,930 people, most residents appear to be young adults with bachelor’s degrees. In terms of ethnic and economic diversity, Niche rates Hanover West at a grade of B. Moreover, has been appeared to be one of the safests neighborhoods, with few to no recorded violent crimes in the past year. On average, Hanover West has seen 63 burglary and theft incidents per 100,000 residents. With about 13% of its population being children, there may not be a large number of nearby public schools. Although the neighborhood has about 23 public schools around the area. School ratings average at a B, with the best performing public schools being the Atlanta Neighborhood Charter School for Kindergarten to 8th grade. It’s middle school campus is ranked #1 as the best charter school in Georgia. The median value of homes in this neighborhood is around $222,740, while rent prices are approximately $1,160. These prices are considerably higher when compared to the national average home value and rent prices which are $178,600 and $928, respectively. Currently, there is 1 available listing on Realtor.com and

Show More
Related
611 Words | 3 Pages

Forty-two percent of homes in the city are owned, 43 percent are rented, and the remainder are vacant [5]. Resource: http://www.bestplaces.net/housing/city/georgia/douglasville Employment

Read More
619 Words | 3 Pages

By the 1980’s, Atlanta was rapidly expanding past the point of containment, and quickly exploded with a mass immigration of penniless merchants. It wasn’t until 1993, with the construction of Georgia 400 was Atlanta alleviated from this rapid migration into the city (Huff). Georgia 400 offered the citizens of Atlanta, primarily those who could afford the new BMW 325i convertible, an escape from all the caged madness that was offered by overpopulation such as longer wait times at The Varsity or an extended five minutes to their trips to The Fox Theatre. In time, many of the Bentley owners migrated away from the crowding city and took their precious tax dollars away to invest into other counties. West Forsyth High School and the other schools in Forsyth now began to provide students with a library and could build a football field.

Read More
712 Words | 3 Pages

I would not live in a colony like Georgia where the slaves outnumber the settlers and are often worked to death! There are so many faults in other colonies that can not be found

Read More
562 Words | 3 Pages

From great restaurants, theatres, shops and galleries, the City of Staunton is able to offer something to everyone. Schools The City of Staunton is home to many "Blue Ribbon" and "Gold Medal" schools. It is thanks to the wonderful efforts of the two award-winning school districts within the area that the city is able to boast such acclaim.

Read More
1721 Words | 7 Pages

Based on this we can conclude that the mere image of being black is shattered and anywhere you go you will be judged as lower class. The fear created by the media make it seem like if you were to rent your home to a black descent, they’ll destroy your home or yet create a hostile environment and make it uncomfortable to other people. Another fear that sticks around with Africans Americans is that they “promote the gang lifestyle or are anti law enforcement” (Glassner 122). Though the realtor shuns African Americans from renting the homes they would not even rent/sale the home to a black family, even if they were well qualified, with higher incomes, and was willing to pay a higher down payment. From the book The Black Image in the White Mind by Andrew Rojecki and Robert Entman, they present us with white beliefs stating “the media conveys “problematic” images of African Americans even after decades of heightened awareness and vigilance to rid the media of stereotypes”.

Read More
1857 Words | 8 Pages

The minorities of East Austin are being displaced, just like the artists. The once cheap location, now has condos with a monthly rent as high $1,200-$2,000. This is again because of gentrification. I personally witnessed a small 2 bedroom home sell for nearly half a million. My front door neighbors decided to take advantage of the real estate boom and sold their home to some entrepreneur who completely remodeled the place.

Read More
2042 Words | 9 Pages

The researcher provides a look at the past, reflections on recent developments, and considerations for the future, based on current trends” (Troost Village Community Association 1). African Americans tried to live in the same neighborhoods as whites, but they made sure that did not happen. Once many people started realizing that they were not going to be able to live in neighborhoods with white people or get as nice of houses they

Read More
595 Words | 3 Pages

Atlanta is the given for being the better city simply because of the way the city is beautifully

Read More
1028 Words | 5 Pages

Unfortunately, the Equitable building does not exist today and was demolished in 1971, as to make room for the Trust Company of Georgia Building’s lobby and plaza. Pieces of the Equitable Building were saved and placed throughout downtown Atlanta to continue its memory and importance. Though the building does not stand today, the radical imposition that the building had on the southern culture of Atlanta through its style and form tells of the strength in Atlanta’s communication with other cities, and the devotion the people had to develop a city that encouraged social, educational, and economic

Read More
899 Words | 4 Pages

Natalie Moore writer of The South Side says “In Chicago, black people always do the best with what they have, and so we see high rates of homeownership in a number of communities on the South Side. We see strong neighborhoods, but even if you’re doing the right thing, if you’re in a black neighborhood or in any neighborhood that’s 10 percent black, your home value

Read More
609 Words | 3 Pages

In the article, author said, “As a result of gentrification, low income residents in the area have greater opportunities to bridge the income gap while achieving self-improvement and a higher standard of living.”, which I

Read More
378 Words | 2 Pages

Gentrifying a once rundown neighborhood into a vibrant, more attractive environment is a trendy, urban operation that has been prevalent in Philadelphia. It has transformed the lives of many Philadelphians and the new community members that move into these neighborhoods tend to be young, wealthy, white folks. However, the former impoverished residents that are relocated and kicked out of these now newly gentrified neighborhoods are nevertheless part of the population and economic class that contribute to the landscape of the city. It is a shame to think the problem of poverty is pushed away in an apathetic manner. There should at least be a mix of housing options in these neighborhoods in order to keep the authenticity of the neighborhood.

Read More
197 Words | 1 Pages

When thinking of the ghetto, people generally conjure an image of a gritty, crime-infested, and hopeless place. Who decided this? Certainly not black people. Interestingly enough, just the presence of black families within a majority-white neighborhood in the 1900s caused those homes to drop in value, by thousands. If you were a white home owner who had spent five years’ wages on your first home, wouldn’t you want to protect your investment by all costs?

Read More
502 Words | 3 Pages

Gentrification is the process of renovating and improving a house or district so that it conforms to middle-class taste. Real Estate investors usually take low-income places that they feel have a chance to prosper economically, and turn them into areas that attract the middle and upper class workers. In doing so they feel like the low-income areas will be safer and more appealing, attracting more people to visit and live there. An improvement to a poor district sounds beautiful, but is gentrification as great as it’s sought out to be? Many residents have their doubts about gentrification due to the idea that the costs of their living will go up and they will be driven out of their neighborhoods.

Read More
1287 Words | 6 Pages

The two places I compared were Phenix City, Alabama and Columbus, Georgia. They both have incredible homes but its best to know which place has better housing prices and good places to live. When it comes to choosing homes, you will need to compare the two places to see which one is better.

Read More

More about Real Estate In Atlanta Essay

Related Topics

Open Document