Jim Daugherty took this photo during a spring bike ride near the Chattahoochee River on Martin’s Landing, a planned community of 1,030 acres nestled between the north bank of the Chattahoochee River and Holcomb Bridge Road within the city limits of Roswell, Georgia. It consists of 1,964 homes within 12 subdivision communities consisting of single family homes, patio homes, condominiums, town homes, and apartments.
Photo: The Atlanta Journal-Constitution
Photo: The Atlanta Journal-Constitution

Roswell stars in real estate ranking

You want a great housing market? Try Seattle, suggests a national ranking released Monday.

Nashville’s pretty hot, too.

But among the nation’s large cities, Atlanta also doesn’t do that badly – and Roswell scores even better, according to a calculation by WalletHub, a Washington, D.C.-based consumer credit and research company.

Roswell is the 31st best real estate market overall and the 15th best among cities of fewer than 150,000 people, says Wallet Hub.

Among cities with more than 300,000 people, Atlanta ranks 17th. Among cities of any size, Atlanta slips to 79th.

Among metrics used to calculate the rankings are housing data like home price appreciation and average days before sale, as well as negative measures like the share of homes still ‘underwater’ and the number of mortgages that are delinquent.

The company also used economic data like home affordability, unemployment rates and consumer credit scores.

Metro Atlanta has seen higher prices and limited supply of homes for sale, but construction has been picking up, according to Metrostudy.

The region had 6,439 construction starts in the second quarter of this year, up 9 percent from a year earlier, said Eugene James, senior regional director for the provider of housing market information.

The overall economy is pulling along the housing market, he said.

“If job growth continues, look for housing starts to rise 8 percent to 10 percent annually for the next few years.”

Gwinnett has been the top county for construction, he said.


AJC Business reporter Michael E. Kanell keeps you updated on the latest news about jobs, housing and consumer issues in metro Atlanta and beyond. You'll find more on myAJC.com, including these stories:

Never miss a minute of what's happening in local business news. Subscribe to myAJC.com. 

In other news:

If you're dating, it's easy to get into a rut by going to the same places over and over. North Fulton County offers plenty of great date spots. Urban Escape offers an Atlanta-themed escape room. Try the CDC Lockdown, in which you have to stop the outbreak, find the antidote and save the world. Trattoria one 41 is an upscale Italian restaurant that delivers dishes that are simply yet perfectly prepared. Choose from the many great fish, chicken, veal and pasta dishes. Topgolf has a high-tech driving r

Support real journalism. Support local journalism. Subscribe to The Atlanta Journal-Constitution today. See offers.

Your subscription to the Atlanta Journal-Constitution funds in-depth reporting and investigations that keep you informed. Thank you for supporting real journalism.

Download the new AJC app. More local news, more breaking news and in-depth journalism.
AJC.com. Atlanta. News. Now.

Download the new AJC app. More local news, more breaking news and in-depth journalism.
AJC.com. Atlanta. News. Now.