Atlanta is one of those cities that has seen its fair share of mortgage ups and down in the last few years following the 2008 housing crisis. When it comes to interest rates, home values, and real estate listing prices, the road hasn’t always been smooth for Atlanta in recent years. However, the Atlanta metro area might be seeing a big turnaround in 2014, which could include more construction, more home inventory, and fewer foreclosures for new homeowners. If you’re thinking of moving to Atlanta and buying a home, now might be the prime time to take advantage of a still strengthening market.
According to real estate website Trulia.com, the median home sale price in Atlanta is $235,000 — from November 2013 to last month an increase of $30,000. Zillow.com predicts an additional 8.1 percent growth through 2014. Atlanta’s home market, looks to be finding balance in light of its rocky ups and downs of recent years.