TALLAHASSEE, Fla.

— Real estate prices have skyrocketed in metro Atlanta, fueled by a booming economy and the arrival of hundreds of thousands of visitors.

The Atlanta metropolitan area has more than doubled in population over the past five years, and the region has seen nearly $40 billion in new construction since the start of the Great Recession.

Now that demand has finally been satisfied, the real-estate market is showing signs of a cooling trend.

But some Atlanta homeowners say the recent gains have gone beyond what they were expecting.

And some are still trying to figure out how to pay the bills.

In this week’s installment of the “State of the Real Estate Market” series, we look at what is going on in the Atlanta metro area and the reasons why the market is getting hotter.

Read more about real estate in the “Atlanta” metro area.

Realty broker John R. Pecoraro of Cushman & Lardner says the real impact of the housing boom has been a rise in home prices.

“It’s just like a bubble,” he said.

“You don’t know if it’s going to burst or if you’re going to get out of it.

But you just keep on doing it.

Pecorado said the demand for housing has been more than offset by a shortage of housing.

There are still some people out there that are still renting, but they’re probably renting at $600 a month or less,” he explained.

For many homeowners, the cost of a new home in Atlanta has increased, even as prices have risen.

At the same time, the number of home buyers has decreased, according to a recent report from the National Association of Realtors.

That report found that the number from January to March was 5,800 fewer people owning a home than at the same point in the last recession.

While there are still a number of people out in the market, the market has calmed down a bit, according the report.

Many of the buyers have moved out of Atlanta to other cities.

Some buyers have bought homes in Georgia, South Carolina and Louisiana, according TOKYO NEWS.

Georgia has been one of the fastest-growing states in the nation.

The state is forecast to see an increase in home sales of 2.4 percent over the next five years.

Housing prices are up a lot in Atlanta, but it’s not enough for most buyers, according Pecora.

He believes many people are still searching for affordable housing.

“We’re looking for homes that have been purchased in the metro area for $400,000, $600,000 or $700,000,” he noted.

“We’ve been seeing that kind of trend.

So I think it’s just a matter of time before we see a big change in the way people are looking for a home.”

Real-estate brokers say that some of the boomers who bought homes back in the late 1980s and early 1990s may not be interested in buying now, but that doesn’t mean they won’t be.

“They may not have the money to buy a home,” said John Pecorgaro.

“They may be renting.

They may have a job and they may be looking for housing.

But there is always a lot of supply out there.”

Read more from the “Market” section of FoxSports.com.