November results show that Atlanta Metro homes sale prices are 16 percent less than 2009. This represents the greatest drop in value in the previous year-and-a-half and is the 6th month in a row that home prices have fallen relative to the same period in the previous year.
Not good, unless you are in the market for a home, and that is part of the silver lining in this story. It is a great time for first-time home buyers and investors alike to buy... and to finance with interest rates at incredible lows.
Merry Christmas!
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