Basically, prices dropped about $50-70k in the neighborhoods that used to be very much in favor (Shamrock, Toney Valley, East Lake Terrace, White Oak, to name a few Decatur neighborhoods that got rocked)... that collapse pretty much turned endemic through most of Atlanta.

Regarding "Wachovia's books were worse and it wasn't any mystery as to why they had to be bought by Wells..." the announced buyout was days after credit markets collapsed, Lehman went bankrupt, and Merill Lynch was acquired by Bank of America.

Florida for the housing collapse, it can happen anywhere.Joel, if sales are improving in Georgia its just a matter of time before pricing improves.

Since our market collapsed we focused on office acquisitions.

Price to rent ratio are beyond screwed up and will probably collapse/correct itself once the FED eases up on QE and allows interest rates to rise to normal levels...

This is an urban, transitional area which started making a comeback but was clipped in 2008 collapse.

I am in this for the security of the investment to insure I have a roof over my head during an economic collapse.

That lead to banking collapse, stock market free fall and job loss.

Supply Side FactorsTo drive the point further, housing supply has also collapsed due to several factors.

Supply Side FactorsTo drive the point further, housing supply has also collapsed due to several factors.