Interesting article in the AJC about homeowners who sell their homes at a loss in order to take advantage of low interest rates when purchasing a larger home. It makes it more interesting that Anna K is mentioned 
Read the article here: target=”_blank”>http://www.ajc.com/business/homeowners-sell-low-to-833684.html
It seems the market is really picking up, in my opinion, as I hear the “celebration bell” ring in my office on a hourly basis from excited colleagues closing a deal or writing a contract. But what does this ‘picking up’ really mean for Atlanta?
As I compare Q1 2009 to last year’s Q1, it means buyers are getting deals with an obvious decrease in median sales price for average for single family homes of 20.12%. This includes all FMLS areas inside the perimeter north of I-20, Vinings, Dunwoody, Sandy Springs and Tucker. Dunwoody comes out the winner with a 0% decrease in median sales price where Midtown/In-town/Ansley and Vinings are jockeying for an overall decrease up to 35% in median sales price.
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