Home prices in the Atlanta area have proven strong, and recent reports show that the tail end of 2013 was a huge leap for the metro pricing. CoreLogic reports that home prices saw a rise of 15.7 percent in November 2013, and that home prices rose across the board in Georgia, making the peach state the fifth highest home prices in the nation following a 13.3 percent gain. Buying a house in Atlanta is proving increasingly competitive and popular, with 2013 hitting some landmark highs.
Home prices rose on a national scale too, with numbers up almost 12 percent from November 2012 and a slight 0.1 percent over October 2013. Many in the industry here in Atlanta and throughout the nation are expecting 2014 to be a big year for the market, as 2013 was the best year for home appreciation since 2005.