Home prices across the country are rising and adding stability to a once very shaky real estate market. Home values have gone up in 20 significant metro areas throughout the country, including right here in Atlanta. While it has certainly been a long journey, the past five years have been a rough ride for many real estate markets throughout the US.
Single family units are selling at an exciting rate, and inventory is weaning down. Existing home sales are up, and foreclosures are down. All in all, the right elements seem to be in place to have a strong real estate market in the coming months. The Atlanta movers are hopeful that after a rough period, we are finally seeing the light at the end of the tunnel. Particularly for Atlanta homeowners who have been underwater on their mortgage the last few years, we hope the shift in the market will give value back to their properties and bring a certain balance to the local industry.