2008 Real Estate Market Forecast....Good News!!!!

Finally....what we've all been waiting for!!! Some positive news regarding real estate, the Atlanta market specifically.

Atlanta real estate guru John Adams, whose been heavily involved in this market for nearly three decades, says that the Atlanta market has been and is healthy and expects 2008 to be a fantastic year. Mr. Adams bases his opinion on the following facts:

--That Georgia has dodged "the real estate meltdown" that other states have experienced.

--The cost of borrowing money is at or near historic lows, with a 30 year, fixed rate loan at 6%.

--Atlanta's growth has been much more steady and consistent than those markets that were wrought with speculation.

--That "real estate is local and that what's happening in New Mexico is not relevant to what's happening in your neighborhood".

--"Home prices in Georgia have not slipped and, in fact, are still rising though modestly. The average home in Georgia is worth more than it was a year ago."

--The expectation of Atlanta adding 2-3 million new residents over the next 20 years will continue to drive demand.

Mr. Adams prognostication continues: "I am willing to go on the record as predicting that 2008 will be seen as the year of the real estate turnaround in the Atlanta metro area".

Thank you so much, Mr. Adams, for shedding a realistic and positive light on a healthy market!