I am commonly asked; what is in store for residential prices for 2011. Below is an interesting article that discusses pricing trends of residential properties in the Atlanta market:
1. Denver was one of two metro areas that had increasing prices. Below is an excerpt of the article with the link to the story:
Eighteen of 20 cities showed a decrease in prices in October, led by a 2.1 percent drop in Atlanta, and decreases of 1.8 percent in Chicago and Minneapolis. Denver and Washington were the only two that posted gains. Full article at: http://www.bloomberg.com/news/2010-12-28/u-s-property-values-decline-more-than-forecast-in-s-p-case-shiller-index.html
Fairview specializes in residential and commercial Private Loans in the Atlanta metro area. We actively watch Atlanta real estate prices and know the ins and outs of the Atlanta market. For more information on Atlanta Private Loans see: www.GeorgiaHardMoney.com or call 404..475.5869.