While the entire country has been battling with a floundering real estate market, cities notorious for poor real estate investments didn’t take the cake in 2011 for the weakest real estate market. In fact, the “winner” in that department is right here–Atlanta. The Atlanta movers hope we can get our local economy turned around in 2012.
Residential real estate took a blow, and the price of homes was down about 12 percent compared to 2010 figures. That make Atlanta the biggest decline in the nation. Paired with the housing market is the significant Atlanta unemployment–an above average 9.2 percent.