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Helping the Atlanta Market Grow: Elite Realty Group

Elite Realty GroupStorage World is excited to put the local spotlight on realtor, Calvin Gleaton, owner of Elite Realty Group. The Elite Realty Group is a full service real estate company that serves the metro Atlanta area in both property management and tenant placement. The Group prides itself on “bringing buyers, sellers, landlords together all over the Atlanta and metro area.”

Some of the services that that Elite Group offers are: Administrative Services, Dispossessory Filings, Credit Reporting, Collection and Revenue Recovery, Skip Tracing, Turn Key and Rehabilitation, Inspections, Repairs & Maintenance, and Property Preservation. The Elite Realty Group has a monthly drawing for clients who refer someone to the Group’s services. The Property Management Division of Elite Realty Group acts as an intermediary agent between owners and tenants, collects rental payments, performs move-in and move-out inspections, provides applicant screening and credit report services as well as arranges for maintenance on the property based on the owner’s request.  The Group offers help with both home rental and home sale listings in the Atlanta market.

The Atlanta housing market continues to grow and prosper. The housing market in the Atlanta area was hit hard during the housing market bubble burst starting in 2008. It has taken many years, but starting in 2012, the market has made great strides to improving. Homes in the Atlanta market do not stay on the market for very long. The need for housing for Atlanta area residents as well as new residents is much greater than the actual supply of homes that are on the market.  According to a recent MetroStudy Report, the new housing starts will increase by 24% in 2014. There were nearly 14,000 housing starts in 2013 up 67% from December 2012! Home closing rates jumped 39% in that same time period. The northern part of Atlanta has experience the most housing starts.  And most importantly, home values in the Atlanta area are getting higher. In April the median home sale price was $236,500 with the average listing price of $500,000!

The Atlanta region continues to grow and attract people from all over the world. This growing diversity and changing demographics will continue to keep the Atlanta housing market very strong. The housing demand will continue to out-pace the low supply of new and resale home. We are lucky to have a company such as the Elite Realty Group in our neighborhood to help with the ins/outs of the very quick paced Atlanta housing market!

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