Is now a good time to invest in a new construction townhome in Atlanta? First time homebuyer. Generally asking for opinions. Thanks so much in advance!

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We just bought recently and got pretty good incentives for new construction. We also worked with a realtor who is very knowledgeable on new developments and generally regarding investments and growth in Atlanta. That helped make our decision easier working with someone who was knowledgeable.

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Atlanta has been on a few lists for increased population growth, but that's a broad statement. Best to do a market analysis of the specific section of Atlanta to be sure.

Right now with interest rates high and demand subsequently lower, you have more negotiating room. So just take your time and do some research and negotiate negotiate negotiate! Historically of course home prices continue to go up always. The population will continue to increase and Atlanta will always be a growing city or area. I do not think that you will go wrong there because it is a large city that is very attractive to many many people, companies, and is one of the biggest centers in the southeast. Still I say look for a good deal and negotiate and don't let emotions Drive anything. This is probably a temporary place that you won't own for the next 30 years. But it will be nice for you to get into a home for yourself and not pay rent. It gives you some stability and you don't have to think about the lease period ending every year. All the best to you. I say all of this having purchased approximately 15 properties over the last number of years, and I would say that 85% of the time I came out far ahead.

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