Buckhead and Midtown Atlanta's Hot Condos Market is Booming!

A report on America's top cities said that Buckhead isbecome popular as well among many businesses and
one of the best subcities in the U.S. The Robbpeople who have the budget to spend for luxury
Report magazine echoed this finding saying thatliving. Condominium and loft development in Buckhead
Buckhead in the northern part of the city is amongis also growing. Most of these condos are highrise
the most affluent districts in the U.S. It has become astructures that offer complete amenities and
growing commercial center with lots of retail shops,fantastic skyline views of Atlanta. Some of them
high end malls, fine dining restaurants, entertainmentinclude the Terminus Place, The Astoria, The View,
centers as well as office and residential buildingsOne Buckhead Loop, Buckhead Grand, The
some of which are in the more than 40-story range.Grandview, Eon and Skyline.
Among the newest towers there are the 42-storyApart from Buckhead, Midtown Atlanta with a
luxury hotel and condominium called The Mansion andpopulation of 36,000 people also has some of the
the 50-story Peachtree/Sovereign. Additionally,best condos in the metropolis. The Midtown area is
Buckhead is also the financial center of the city withlocated between Downtown and Buckhead.
a big part of Atlanta's workforce employed here.Condominiums there that offer complete amenities
When it comes to real estate, Atlanta's residentialand easy access to important places such as
and commercial structures and its vibrant conditionbusiness centers continue to attract all types of
are comparable to those in New York, Boston andpeople wanting to enjoy a modern and pampered
San Francisco. And despite the high costs of reallifestyle. Some of the new condos in this area are
estate in the metro Atlanta area, Buckhead enjoysthe Metropolis, Spire, The Dakota, Mayfair
the lowest vacancy rates in the region.Renaissance, Ponce Springs Lofts, The Plaza
Buckhead is also the so-called Beverly Hills of theMidtown, 905 Juniper and MidCity Lofts.
South according to the Buckhead Publications. TheAmong the top condominiums in place in Atlanta now
reason for this is that the area is home to Atlanta'sinclude The Spire, Gallery Condominiums, Twelve
wealthiest residents who own elegant and luxuriousAtlantic Station, the brand new Metropolis, Centennial
homes that include the grand mansions. To name aPark West, Cosmopolitan, The Manhattan, Sovereign,
few, there are the Governor of Georgia and BritishRealm and the Plaza Midtown.
singer Elton John.Atlanta's real estate industry remains on the top 10
Homes here are aplenty as well. Their prices rangebest markets in the U.S. The experts say overall
from $500,000 to more than $1 million. Real estatemarket conditions are very good even with
properties in Buckhead are highly preferred becausehistorically low interest rates. Mortgage rates are low
of its location, shopping and dining centers and theand continue to push the housing market. With these
existence of top schools. In the first half of 2007,facts, there's no way to go for Atlanta but up
some 163 homes were sold in the area.attracting more businesses and homeowners wishing
But besides residential properties, condominiums haveto move here for good or invest in a vacation home.