Even before the Tax Administration processed all the data on the real estate transfer tax, Luther Ragsdale declared 2016 as a year of upheaval in the Atlanta real estate market. According to available data, a perennial crisis was finally overcome, but confirmation should arrive this year. Ragsdale expects a further strengthening of the positive trend.
- In 2016, there was increase in the index of the volume of construction works by 2.9 percent compared to the year 2015. This is the first recorded increase in construction activity since the pre-crisis in 2008 - said in his commentary Luther Ragsdale, CEO and founder on Atlanta based Platinum Real Estate company. It is a company that other than investing in real estate, coaches agents and provides business information and economic analysis of the Georgia chamber of economy.
- Such a move comes as a result of construction activities on new buildings, which grew by 8.9 percent, while the volume of works on housings decreased by 2.3 per cent in 2016. It is important to mention that after several years of decline, since the beginning of 2016 Platinum Real Estate recorded an increase in residential property prices. This data suggest that the gradual entry into the new building cycle of the real estate market has stabilized. This conclusion from Ragsdale is supported from the data on building permits which were issued for construction of new residential buildings. In fact, in 2016 there were 29.2 percent more building permits for the construction of new residential buildings from a year earlier, while the number of building permits for housing rose by 35.2 percent, "says Ragsdale. He also expects that such developments will have impact on the supply of residential real estate in Atlanta in the coming period. Depending on the movement of demand, it will definitely affect the pricing in the market.
Luther Ragsdale is a respected businessman across numerous industries. He uses the story of his career as a symbol of hope... and the promise of success to those who are willing to work hard.
Luther is running Platinum Real Estate in Atlanta, Georgia for nearly twenty years and over this time the company has handled $500 million in properties. As the CEO Luther has employed all of the high-reaching and effective business strategies that he now teaches other real estate agents: networking, brainstorming corporation and partnership ideas to increase funding, multi-platform outreach and much more.
Luther has penned numerous print books, e-books, and speeches which he presents to groups around the U.S. and around the world. He also taught key points of real estate investing and proper money management on his long-running television show, "Wealth Building with Luther Ragsdale," which was on the air for a decade.
He is an independent multi-mogul, a veteran and a trustworthy name in the field of land, business and riches. Regarding land guiding, Ragsdale is a standout among the most sought after mentors and real estate coaches in the business. He instructs, tutors and mentors land specialists. Ragsdale has been listed on CrunchBase, received highest marks on Zillow, Educause and LoopNet. His articles are published at Patch, Luther Ragsdale Real Estate, Luther Ragsdale Atlanta and Platinum. He is committed to prepping crude ability into the best prepared and prepared land experts.
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