Atlanta is up 20% in home prices year over year but we are still 24.4% below the peak of June, 2006. Collateral for underlying loans is appreciating in value, which should help lending standards with the banks. It is imperative to remain diligent and not take our eye off the ball with our pricing, locations
Case-Shiller Indices Show Strongest Gain Since 2006
Home prices posted their strongest yearly gain in almost seven years in March, with both the 10- and 20-city indices seeing double-digit gains, according to the Case-Shiller Home Price Indices released Tuesday. The national index, reported quarterly, was up 10.2 percent. From February to March, prices increased in 15 of the 20 cities surveyed, falling
Housing Inventory, Already Low, Dropped Further in January
The number of homes listed for sale, which stood at an 11-year low at the end of last year, fell even further in January, according to a report released Thursday. There were just 1.48 million homes listed for sale at the end of January, down by 5.6% from December and by 16.5% from one year