home for saleThe online financial news service Wall St. Cheat Sheet reported Aug. 12 that the Atlanta-Sandy Springs-Marietta housing market in second quarter of this year experienced the second largest increase in home prices in the nation. This region placed just behind California’s Sacramento-Arden-Arcade-Roseville area.
The article, citing information from the National Association of Realtors, said the Atlanta-Sandy Springs-Marietta market experienced a 38.9 percent gain compared with the second quarter of last year.
The NAR reports that nationally the housing market had the strongest year-to-year price gain since the fourth quarter of 2005.
To see the other cities that made the top 10, click here.
– Dan Whisenhunt

Collin Kelley

Collin Kelley has been the editor of Atlanta Intown for two decades and has been a journalist and freelance writer for 35 years. He’s also an award-winning poet and novelist.

2 replies on “Report: Atlanta experiencing home price surge”

  1. Wow! A 38.9 percent price increase! Is that possible? I would be interested to see what the local MLS database has on file to see if that can be verified. If it is correct, then those that have underwater mortgages should be leaping for joy and investors must be besides themselves with glee at having bought at just the right time.

  2. Wow! A 38.9 percent price increase! Is that possible? I would be interested to see what the local MLS database has on file to see if that can be verified. If it is correct, then those that have underwater mortgages should be leaping for joy and investors must be besides themselves with glee at having bought at just the right time.

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