Understanding The Alpharetta Commerce Group
Alpharetta, Ga. more info is a small city on the eastern part of Fulton County. The city is bordered by the Spunky Pines River and the North Carolina state line. This historic city is located on the Blount County soil. In this former railroad town that dates back to when railroads spanned the mountains, the real estate prices have risen to unprecedented heights. The city of Alpharetta has seen growth as a result.
The business assets of the Alpharetta Commerce Group are diverse. The group owns the properties that are found along the Blount and Pine Mountain Railway lines. The group also has holdings within the North Carolina Department of Revenue. These two resources are assets that allow the Commerce Group to prosper.
The group’s real estate holdings also encompass the historic West End downtown area. In the center of this bustling downtown area, the Blount Park is one example of this development. This spacious park has several restaurants, a movie theater, multiple bars and a hotel. The Atlanta airport is right in this downtown area; therefore, many homebuyers have easy access to the major airports in the city of Atlanta.
The history of the Blount Park is another reason why the investors within the Alpharetta Commerce Group feel they can get some good real estate deals. In the early 1900s, the Blount Park was the first public park in the area. This park was designed by renowned architect Arthur Hills. Several businesses were built along the water front of the park.
The investors in the real estate business feel that they have a great deal at hand with the current upturn in the homebuyer’s market. They see the city of Alpharetta growing into a regional power with the addition of North Carolina’s third largest city. The city has been successful with its efforts to attract new homebuyers. With low unemployment, more than half of the city’s population is between the ages of twenty and thirty, and the city’s home values are now on the rise.
With the current interest rates, investors have seen little or no change in the housing market. However, they also admit that the economic downturn has affected the purchase of real estate within the greater Atlanta area. Real estate values have dropped across the board since the recession began, but the decline has been less severe in the city of Alpharetta. The recent uptrend of home values has created an environment that is ripe for investors willing to purchase high end properties at bargain prices.