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Georgia on your mind? With its abundant natural resources and geographic position as the center of the New South, the Peach State is a hub for commerce and technological innovation. No fewer than 15 Fortune 500 companies are headquartered there, including international business giants like Coca Cola and UPS while Hartsfield–Jackson International in Atlanta is the busiest airport in the entire world. Yet Georgia never forgets its past as numerous stately mansions, covered bridges, and beautiful old cemeteries throughout the region can attest. Georgia Land for Sale is your passport to a bright future steeped in history and tradition.
From the Blue Ridge Mountains to the Okefenokee Swamp, from the thousand foot cliffs of the Tallulah Gorge to the deep blue waters of Radium Springs, from the Golden Isles off the Atlantic coast to Stone Mountain, the quartz monzonite dome on to which the largest bas relief sculpture in the world has been carved, Georgia is filled with natural beauty. The Ridge and Valley region in the extreme northwest of the state is the place from which the ancient Appalachians arise. In contrast the Blue Ridge Mountains, due east, are relatively new volcanic extrusions: the highest summit Brasstown Bald (called Enotah by the indigenous Cherokee peoples) offers an unobstructed, 360-degree view of the range. It was here in 1828 that Georgia hosted its own brief gold rush. Most of inland Georgia is comprised of rolling foothills: the state owes the famous red color of its soil to the Piedmont district’s iron deposits. Finally Georgia’s Atlantic coast sports miles of beaches and wetlands.
Atlanta, the second fastest growing metropolitan area in the United States, is Georgia’s state capital as well as corporate headquarters for many prominent companies including Home Depot, AT&T Mobility and Rubbermaid. Employment opportunities in Atlanta’s high-tech and financial services sectors and excellent universities (Emory University and Morehouse College, to name two) attract a sophisticated population of young professionals and their families. Savannah on the coast is no less famous as the site of battles in both the Revolutionary and Civil Wars – it was the last stop on General Sherman’s march to the Sea – than it is for its elegant and timeless architecture.
Georgia’s winters are mild, while its summers are humid and hot – particularly along the coast, twilight seems to linger forever in the warmer months. Typically the Peach State has been waystation for Florida hurricanes wending their way north, but a three-year drought that started in 2006 led to de facto water rationing throughout the state.
The recession hit Georgia hard: Atlanta, along with Las Vegas and Detroit, was one of the Ground Zero cities for the collapse of the housing bubble. Since the economic downturn began, Georgia has seen the highest number of bank failures of any of the fifty states.
Residential real estate is very slowly coming back but meanwhile experts predict that Georgia will be among the last states to recover totally from the crisis. Georgia’s unemployment rate hovers over 10% – the highest level since World War II — and consumer spending throughout the state continues to trend downward. The nationwide reallocation of military resources, however, led the creation of many new civilian and military jobs around the Fort Stewart, Fort Benning and Warner Robins areas that largely offset the collapse of the housing market in those locations. Government jobs have also created a buffer in cities like Athens, home of the University of Georgia, where the research and education sectors play a key economic role.
Full recovery may take a little longer in Georgia, but that only gives the savvy investor more opportunities. Buy low, sell high: The recession will end, and the New South – whose heart is Georgia – will once again become an economic engine driving a goodly portion of our nation’s prosperity. Georgia Land for Sale is a chance to lock in that prosperity now at a reasonable rate.