Real Estate News

Georgia is a wonderfully lush state. From the beaches to the mountains, nearly 10 million people call Georgia home. Popularity of Georgia as a place to live, work and even retire is evident from the 18.3 percent growth from 2000 to 2010. There are over 4 million housing units in Georgia, and about two thirds are occupied by their owners.

You may be thinking, wow, I have to go to Georgia. Before placing the car and the peach state, which can be a good idea to do some homework and find an affordable place to live. And in Georgia, there are several cities and quotes that fit the bill.

According to the Report of Coldwell Banker Real Estate, home sales released earlier this year, Riverdale is clearly the market for more affordable housing in the state. Riverdale average selling price for one of four bedrooms, two baths is an astonishing $ 61,618. Compare that price to another suburb of Atlanta Dunwoody, to nearly $ 380,000.

Is 20 miles from Atlanta makes Riverdale easy access to a job in or near the city. Obviously, if the budget is taken into account, you can find more expensive homes around Atlanta. The average selling price of a home in the Atlanta metropolitan area is $ 255,000, with several areas that are much more expensive.

Riverdale is located on the south side of Atlanta, easy access to I-75 in the city and a trip even easier to Hartsfield Airport. Riverdale, like many other communities in Georgia, has been the housing crisis. The south side of Atlanta continues to struggle with foreclosures and properties owned lender are keeping prices low.

If a house in Riverdale you are interested, keep in mind that average house prices are just that – an average. There are houses for sale in Riverdale for $ 120,000 and others selling for as little as $ 15,000. It would be wise to do your homework and learn the area before jumping into the market.