This market has effectively collapsed over the previous 12 to 18 months, as investors have fled the market.

Prices start to fall, then collapse.

Greece, teetering on the brink of total collapse and in months of riots, Egypt, Syria, Tunisia, Libya, China, Ukraine, the list goes on and on, this is JUST civil unrest and violence, that doesn't count our multi leg war program.... oh, sorry, police actions..... oh nope wrong again, I mean, "peace keeping missions", lol.

Of course I completely sidestepped the collapse that popped the little bubble.

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.