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Home Values Increasing Slightly in Atlanta

National home values have decreased for the second month in a row this fall, according to data compiled by Zillow, the real estate market online resource. However, Atlanta has had a different trend as of late, and local home prices surged 14.3 percent in October and to an average of $128,500. National home values fell 0.1 percent for two months in a row, despite a cumulative rise in prices from 2012 to 2013 totaling 5.2 percent.

Moving to Atlanta is still a financially wise decision as the market is steadily in a rebuilding state. New construction is available in a wide range of neighborhoods and budgets as well. Predictions show that the market will only continue to strengthen as Atlanta heads into the new year. As for the rest of the nation, we’ll keep you posted on the home value trends as they become available.

 

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