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Expert high on housing market
'Power has shifted' to this side of river
Norton WEB 1
Speaking Tuesday during the annual Economic Outlook Breakfast, expert Frank Norton Jr. said the real estate market in Forsyth County remains “absolutely great.” - photo by Jim Dean
A local real estate and economic expert described Forsyth County as “ground zero for business activity” during the annual Economic Outlook Breakfast on Tuesday.Frank Norton Jr., president of the Gainesville-based Norton Agency real estate and insurance firm, said Forsyth remains “absolutely great” when it comes to the real estate market and economic development.“You ought to be breaking your arm patting yourself on the back because what you’re going to see today is the work of all of the chamber, the civic leaders, the political leaders of building a fantastic infrastructure and a reputation for doing work right here,” Norton told the near capacity crowd of about 250.Norton, who is considered an expert in the north Georgia area, each year authors Native Intelligence, an economic forecast that provides data on a range of topics, including housing and job markets. He shares his findings during the local breakfast event, organized by the Cumming-Forsyth County Chamber of Commerce and held at the Lanier Technical College Forsyth Conference Center.According to Norton, one of the main reasons for Forsyth’s continued success is its strong housing market. He noted that inventory of homes on the market “is evaporating.”