On a national level, the housing market has experienced tremendous change in the past six months but national trends have minimally impacted Atlanta’s real estate landscape. Due to factors such as Atlanta’s relative insulation from the huge price appreciations and dwindling inventories experienced in other parts of the country, housing in Atlanta remains a strong investment option. Harry Norman, Realtors®’ Housing Trends 2006 Mid-Year report highlights findings from significant studies and research, which points to Atlanta’s favorable housing market.

President and CEO of Harry Norman, Realtors®, Lewis Glenn said “In Atlanta, we have a healthy job market and we are both a regional center and an international hub. The area is highly desirable to baby boomers planning their retirements, thus fueling Georgia’s robust second and vacation home markets. The current political leadership is dedicated to Atlanta remaining a place where people would like to live. However, current conditions in the real estate market elevate the need for consumers to research when buying or selling their home. As the market tightens, each decision becomes more critical. We hope that Housing Trends 2006 Mid-Year report will be a vital resource for consumers as they make their home purchasing and selling decisions.”

Founded in 1930, Harry Norman, Realtors® is Atlanta’s oldest residential real estate firm with over 20 offices and more than 1,200 sales associates. The newest member of the HomeServices of America, Inc. family, a Berkshire Hathaway affiliate, Harry Norman, Realtors® joins the nation’s second-largest residential real estate firm with brokerage operations in 19 states and more than 21,000 sales associates nationwide.

Harry Norman, Realtors® also achieves international exposure through membership in such exclusive real estate networks as Leading Real Estate Companies of the WorldTM the largest network of independent residential real estate firms, with 650 members representing 4,700 office and 120,000 associates across the U.S. and in over 20 countries.

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