Atlanta is one of the areas in the nation that has seen a slow (to none) process of recovery in the housing market. The question remains- what will happen to the Atlanta housing market in 2013? While other metro areas have gained momentum, the Atlanta movers are nervous by the lack of activity here in our southern metropolis. The current status is a mixed bag: home sales are up, but listing prices are down. Median prices are rising, and new foreclosures are down, but existing foreclosure sales are increasing.

Foreclosure and short sale properties are still at a point for investment in Atlanta. Well off areas like Buckhead and Midtown are holding on to listing prices between $320,000 and $850,000, which is down about 1 percent from last year.

Developers are also eying Atlanta as a promising venue for new golf courses, senior homes, and other attractions aiming to target retirees and lifelong residents. Sit tight as we all wait and see what 2013 will bring our beloved city of Atlanta.