HOUSING RECOVERY – ATLANTA ONE OF HARDEST HIT CITIES – EXPERIENCES STRONG RECOVERY

May 30, 2013 By In Uncategorized No Comment

The lowest point of the housing bust was characterized by a glut of supply. Homes for sale remained on the market longer, and foreclosed homes and those with mortgages in default added to or threatened to add to this inventory. As a result, prices fell, and construction of new homes fell to extremely low levels.

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