Atlanta Homes Unaffordable According to the Federal Reserve Bank of Atlanta Metro Atlanta's median home price in May set a new record at $430,000 making Atlanta homes unaffordable according to First Multiple Listing Service data. And this month, the 30-year, fixed rate surpassed 6% for mortgages for the first time since before the Great Recession. This means that the 22 metro area[...]
With more than 5 million people calling metro Atlanta home, it’s surprising to know that this Deep South region is also highly reasonable for budget-conscious residents. When we hear the phrase budget-conscious, we often think cheap and moderate, which is not at all how we would describe our city! Aside from ranking high on the sports charts and good ol’[...]
A new report was recently released by the economist that ranks the world’s most expensive cities in the world finds that Atlanta is among the least expensive. The worldwide cost of living survey is conducted twice a year by the publications “Economist intelligence unit.” The survey compares more than 400 prices on 160 products and services that include: food, clothing. Household[...]