Courtesy of Radar Logic, a real estate data and analytics company, comes another view of home prices in Atlanta. According to their January 2008 report, released on April 3, prices in Atlanta have fallen 9.2 percent from January 2007 levels.
While this decrease is larger than the 4.8 percent decline shown by last case Case-Shiller report, the point is still the same: that home values throughout Atlanta are falling, and as a real estate lawyer in Atlanta, I certainly recommend that all investors need to take the reduction in home value into account when measuring the potential equity in any property.
Photo: Let Go, originally uploaded by rockmenow48.