Just like Las Vegas and Pheonix, the housing market in Atlanta had also crashed really hard. While the downturn came sometime after other markets, so did the influx of investors who came to buy foreclosed properties of the city. While this investor activity is somewhat visible in traces, the housing market here is gradually getting back on its feet for good. The past few months have seen some normalization of the Atlanta real estate market. The housing market of the city has gained considerable attention. While the property prices went up 11.5 percent in 12 months to June 2015, it has outpaced Georgia (9%) as well as the United States as a whole (6%). According to real estate experts, the market is definitely back up. Prices have been helped due to the tailing off of the distressed sales that followed the financial crisis back in 2008. The relatively low stock […]Read More
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