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:

A Sustainable Housing Market Means Lower Prices Are Necessary

A recent survey of bank risk managers indicates that “Home prices are unlikely to recover before 2020 and mortgage defaults will persist for years…” It seems that the bad news for housing is that prices won’t go up much for years to come. But from a fundamental standpoint, this is exactly what the housing market […]