U.S. existing homes sales slump in February. Who is still lending in Atlanta

Sales of existing homes continue to fall according to a recent Bloomberg article (click for full Bloomberg article). In my opinion, the two major factors driving this decline are jobs and lack of liquidity. Unemployment continues to stay at elevated rates which will...

Atlanta housing price double dip?

There was an interesting article on CNN where Case/Shiller predicted a double dip in the housing market. What is leading this decline? In my opinion the number one driver right now is oil prices. Many of the hardest hit areas were “exurbs” for example in the Atlanta...