Although the article itself focuses on Seattle, the aforementioned graph shows Atlanta to possess, now three years after the crash, what appears to be the most moribund of all the nation's major urban housing markets.
A handy chart lays out the cold, hard facts: While some cities have shown a modest rebound in home prices — 3% for both San Diego and Washington, D.C., for instance — and others have seen a slowing in their market slides — a could-be-worse -4% for both Dallas and Miami — Atlanta is suffering a -8% year-over-year decline in home prices.
Does this mean no one wants to move to Atlanta? No, the latest demographic data show that's not the case. I'm guessing our inability to recover from the crash has much to do with our status as one of the country's mortgage-fraud capitals. But perhaps a well-informed reader would like to jump in and explain our plight.
The Ferris Wheel sounds really neat, particularly the 18 story height.
I'm glad Looking Glass made the point about Downtown residents. 20 years ago there were…
Actually this will be OVERGROUND - 18 stories in fact. Pay attention!
"crossing boundaries in their own traditional territories."
I thought tradition meant nothing to lefties…
man, i smell another UNDERGROUND
"She's only awful in your myopic minds."
OK Oy, I'll try to keep…