The best year for Atlanta real estate since 2007 continued in the third quarter of 2011. The average Atlanta home price also rose 2%. Atlanta housing inventory is now at an eight-year low. Buckhead and Atlanta Intown real estate continue to pace the rest of the market. Single family home sales were up 17% in Buckhead real estate, while sales were up 28% for Atlanta Intown real estate. The second quarter report begs the question: With Atlanta home sales way up, Atlanta foreclosures down, and Atlanta housing inventory and home mortgage interest rates at historical lows, are the conditions right for a housing market rebound?
