Building Up Steam; Steady As She Goes!

I am always watching for economic indicators that are not the “usual suspects”. Daily, we are bombarded by information from the national press. But often it is confusing and contradictory, and we know it is influenced by the government and filtered by the media.  That’s why I like to rely on my “unfiltered” sources in shaping my opinions.

Two recent data nuggets are very encouraging. First, our firm needed some additional signs so I dropped in to see Michael at Fast Signs in Sandy Springs, Georgia. He  told me that in the first two weeks of January, his sales were double his projection for the month. He also noted that his sales were broad based and not reliant on a single large order. Businesses investing in signs is a good sign.

The second tidbit was reported to me by my brother-in-law, Dennis Mitchell, who sells commercial property here in Atlanta with Colliers International. Dennis had just returned from Colliers’ annual company conference.  The event includes Colliers’ brokers and their top client invitees. Dennis reported that the mood and energy at this year’s event was unlike anything he’s seen in the past four years. There is significant optimism across the country from the brokers, lenders, developers and investors. Real estate professionals executing big commercial deals is a good deal.

I remain optimistic for a good 2012. Epic Development is continuing to grow and re-invest in our business and in our market. Let me know what trends you see in your market and industry.

For more information about Atlanta and real estate investing options here contact Jim LaVallee 404-847-9080 or JLaVallee@EpiCity.com. See a listing of all our available homes here.

2017-08-29T17:44:38+00:00 March 1st, 2012|Uncategorized|