For the fifth month in a row, housing prices in the Metro Atlanta market have risen. A recent report that was released shows that the prices are rising in the region, but they are still lagging in comparison to January 2000 pricing levels. Alarmingly, Atlanta is one of the few major metro areas where home prices seem to have stalled. The Atlanta movers, along with analysts and real estate agents are looking the silver lining. Despite lagging figures, the growth in home pricing over the past July-August period is at a rate of 1.8% growth, almost double the national rate of 1%. In the bigger picture however, prices this past August were 6.1 percent lower that August 2011.

So what’s holding Atlanta back? A variety of real estate troubles, such as high foreclosures, underwater homeowners (55%!), and a very low inventory of available homes for sale. In desired areas of town,  there is plenty of demand, but not enough homes available in these areas to really boost the median pricing.