Is The Sun Setting On Atlanta Home Prices Again?



Yes, they probably are. In fact, it’s fair to say that the Atlanta metro housing market is a few months past any supportable market peak, and there is some good data to support this conclusion:

Is A “Death Spiral” Inevitable For Housing?



One of the most respected housing market analysts around, Laurie Goodman of Amherst Securities Group LP, recently testified before congress that if housing prices fall another 10%, the housing market would likely see a “death spiral” of falling property values and resulting defaults, as more and more home owners watch their property value drop well below what they owe on their mortgage.

S & P / Case-Schiller 4th Qtr 2011… Atlanta GA Weakest Housing Market



According to the Standard and Poors / Case-Schiller 4th Quarter 2011 Index of U.S. housing prices, 19 of the 20 markets in the 20 city composite index showed a continuing downward trend in housing prices. Atlanta, GA was the weakest housing market in the U.S. with a change of -11.7% during this same period.

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