Home prices not done falling yet
I don’t like this anymore than you do.
But here goes: Despite our first positive report on housing prices in forever, the slide isn’t over.
When the latest Case-Shiller Index revealed that prices of metro Atlanta homes increased from May to June — ending our two-year slide into oblivion — a collective sigh was heard from Buford to Jonesboro.
This from folks who two years ago couldn’t have told you whether Case-Shiller was a housing index or a brand of office furniture.
Now, the housing index is followed as closely as the Dow.
And what we hope the index is saying is that we have hit bottom.
Full story is available on ajc.com
