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Atlanta Housing Prices Drop Dramatically

According to recent reports, the 20-county metro Atlanta area has had a tremendous drop in terms of real estate pricing. S&P Case-Shillernumbers has confirmed that from February 2011-February 2012 there was a 3.5 percent drop in prices–but that the year to year decline in its entirety is upwards of 17 percent. The Atlanta movers have also learned this is the largest drop in real estate valuation throughout the entire country.

While homes are continuing to sell, the Atlanta movers hope that this drop is simply a price adjustment to true value of homes versus an inflated market. We’ll follow the trends as the come over the next few weeks.

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