Power Breakfast: Metro home prices fall, Super Bowl, Mrs. Winner’s, Von Maur, G-20, debt plan
The housing numbers here are still depressing.
Sale prices of existing single-family homes in metro Atlanta saw a large drop in the third quarter, according to the National Association of Realtors, AJC staffer Michelle Shaw reports.
Across the metro area, the median sale price of $113,500 declined 7.4 percent from the second quarter, Shaw writes.
The current median price also is 12.2 percent lower than the $122,700 seen in the same quarter a year ago, the Realtors said.
Also in the AJC:
- Deal, Reed team up to pitch Atlanta as Super Bowl site
- Mrs. Winner’s files for Chapter 11 bankruptcy
- Von Maur department store chain to enter Atlanta
- Fired CEO says no legal action against WellStar
In other media:
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One comment Add your comment
TnGelding
November 13th, 2010
7:36 am
Woe is me. When will it stop? It’s great for the wealthy investors, tho. Too bad they can’t show more benevolence and let folks live rent free if they’ll keep the places up until they get back to work.