The take on home prices in other Southeastern cities
Atlanta’s current home market doesn’t necessarily mean lower prices, and it’s the same in other Southeastern cities. According to Real Estate Columnist Chas Sisk of the Tennessean (Nashville), home prices are relatively steady in Middle Tennessee, Charlotte and Atlanta. Many sellers are choosing to keep prices steady and take longer to sell. He refers to Standard & Poor’s/Case-Shiller index of 20 large US cities, which shows double-digit price declines in some places but only 0.7 percent in Atlanta. Prices aren’t falling here because they were never “out of whack.”
Another reason? Atlanta and other Southeastern cities have experienced steady population growth. I guess everybody’s figuring out what we’ve known all along — there’s no better place to live than in the South. Ya’ll stay awhile, ya hear? (And keep buying homes while you’re at it.)
For other Atlanta Real Estate and economy news, see stories on Atlanta Real Estate Forum.
Related posts:
- Top 20 Market Home Values: Some GOOD NEWS HERE for ATLANTA Realtor(R) magazine recently released the annual growth rate in p...
- 21st Southeastern Flower Show: Join garden enthusiasts at the 21st annual Southeastern Flower Show at the Georgia World Congress Ce...
- Atlanta Housing Fares Better than Rest of Country: Atlanta's housing price decline is less than half of the national average. This data from the S&...
- Forbes Names Atlanta as One of Best Cities to Buy a Home: For those of you that are hesitant to purchase a home, I think it is important for you to know that ...
- Atlanta Remains a Hot Market: Through the collaboration of the Greater Atlanta Home Builders Association, numerous new home builde...
1 Comment Add your own
1. Tony Bauer | January 15th, 2008 at 9:47 am
Real estate market conditions are affected by infrastructure as well as can be seen from the changes happening in Atlanta. For instance, the ARC is ironing out transportation problems and glitches while the Hartsfield-Jackson Airport is maintained as the international link for Atlanta. These changes are in major way affecting the quality of life for its existing citizens while attracting potential citizens for this city.
Leave a Comment
Entering links here will not help or hinder your site's rankings, so please don't be a comments-spammer.
Trackback this post |
Subscribe to the comments-only feed