Real Estate

Atlanta home prices fall 25%

From the AJC:

The median price for a single-family home in the metro Atlanta area has fallen 25 percent over the past year, according to data released from the National Association of Realtors.

The statistics, released Tuesday, say in first quarter of the year the median price for a single-family home was $115,600, down from $154,000 over the same period in 2008.

Looks like we haven’t hit bottom yet.

25, originally uploaded by UsokChoe.

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