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Are Atlanta Georgia Home Values Finally Back on Track?
Georgia Home Values are Back On Track as Sales Pace Continues Brisk Is the current pace of home sales sustainable? This is a question real estate professionals have been hearing a lot lately. Many people observing what seems to echo the run-up in home prices that took place in the early 2000s are worried that we’re selling so many houses in Georgia right now we can’t possibly keep up with this pace. How do they come to that conclusion? Looking back over the last sixteen years, they remember that prior to the crash, home sales took off at a similar pace in 2003, 2004, and 2005. But what happens when we look at the bigger picture? Now is a Great Time to Sell For instance, take a look at this chart of national home sales. If you look at the three years right before, 2000, 2001, 2002, they are very reflective of what’s taking place in 2015, 2016, and today. You can see how it appears. Are we heading toward another dangerous uptick? And more importantly, are we going to come crashing down again? This worrisome question has some industry insiders anxious. Real Estate is Still a Smart Investment Before assuming the worst, let’s look a little ... more
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