Atlanta, one of the cities hit hardest during the housing bust, is also one of the slowest to stabilize. Still, by all indicators, housing is fully rebounding in 2013. And it seems even Atlanta has hopped on the recovery train, with home prices making a strong turnaround, up 21% year-over-year in April, according to data from the S&P/Case-Shiller Home Price Index. But will this recovery yield permanent changes or is it going to look a lot like the early 2000s? When taking a deeper look at Atlanta, it is evident the rebound is not evenly distributed. However, in hot, single-family markets, multiple offers are being made as soon as a property is listed and inventory is low in desirable neighborhoods. Janice Overbeck, an Atlanta Realtor with Atlanta Fine Homes, said she is seeing a very competitive market throughout Atlanta. [Read this article]
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