Skip to main content
(678) 915-2634 Contact Us
Atlanta home prices rise for fifth straight month Atlanta, GA

Personal Attention & Experience Since 1971 Family-Owned, Family Focused

Client Reviews

Atlanta home prices rise for fifth straight month

driveway of a detached house

In August, according to a new federal report, home prices in the Atlanta metro area rose for the fifth straight month. Unfortunately, this positive development was tampered with the less-promising news that, despite the increases, the Atlanta real estate market continues to be one of the worst in the country.

First, the good news. According to the Standard & Poor’s Case-Shiller Price Index report, Atlanta has now experienced five straight months of housing price gains. The five-month increase reversed the previous trend, during which home prices fell in the metro area for nine straight months from October 2011 to June 2012.

Analysts believe that this ongoing increase indicates that Atlanta is finally beginning to rebound from the housing bubble and subsequent burst that caused so many homes in and around the city to lose a significant percentage of their value during the economic recession.

Unfortunately, the bad news appears to be overshadowing the good. Standard & Poor reports that, despite the five-month increase, home prices in Atlanta were still down by more than 6 percent from August 2011.

This means that Atlanta is one of just three major U.S. metro areas where average home prices remain lower than they did in January 2000. The other two cities to receive that dubious honor are Detroit, Michigan, and Las Vegas, Nevada. Like Atlanta, those two cities have been hit extremely hard by the recession, struggling not only with depressed housing markets but also with unemployment rates above the national average.

Hopefully, the recent gains are indicative of the progress to come in the Atlanta housing market. We will continue to update our bankruptcy blog with any new developments.

Source: Atlanta Journal-Constitution, “Report: Atlanta home prices are up but still mired in slump,” Greg Bluestein, Oct. 30, 2012

At our Georgia law firm, we help people who are struggling with underwater mortgages and unmanageable housing debt. To learn more, please visit our foreclosure page.

Posted on behalf of Jamie L. Gingold, PC

195 14th Street NE #1604
Atlanta, GA 30309

Phone: (678) 915-2634

Email:

First Free
Appointment




    DisclaimerPrivacy Policy

    I have read the Disclaimer and Privacy Policy

    Our Client Reviews

    Jamie L. Gingold, PC
    5.0 / 5.0

    Based on 28 reviews

    Jack L.

    They did an excellent job with my case. Jamie took the time to really listen and understand things. She delved into the details and was extremely knowledgeable and non judgmental. Very professional and they know what they are doing. Would definitely recommend!

    Karen B.

    Dear Mr Gingold, There are so many reasons to be thankful for all you have done and will do. Anyone who has ever had unfavorable experiences with an attorney or the legal system will feel the trepidation that I experienced once I realized that my situation seemed hopeless. It was by chance and happily good luck that I decided to put my future and sanity into your hands. I was mortified at having to deal with my debts by claiming bankruptcy. I remember in our first meeting how you assured me that I was not alone and should not feel ashamed. And, anyone in this position obviously does not have money to spare and you were clear about all the costs and allowing me to pay according to my own ability to do so. You advised me in all aspects of the law, but also, you were at each meeting incredibly supportive and complementary of my personal and professional plans. Anyone else in this situation should feel blessed to have access to your expertise and support.

    Lyla B.

    I thought the process of filing bankruptcy was going to be a difficult one. However, Gingold & Gingold treated me with respect and dignity from the moment I walked through their door. I had the pleasure of working with Jamie. She is very responsive, professional, and knowledgeable. She took the time and listened to my every concern and handled each and every one of them to my satisfaction. My experience with filing bankruptcy under Gingold & Gingold's representation exceeded my expectations in a major way. They gave me such a peace of mind. I am very pleased with my decision of going with Gingold & Gingold to represent me when I filed Chapter 13 bankruptcy.

    Julie T.

    Wow! I am finally out of debt and can say that I am debt free after completing my chapter 7 bankruptcy case with Gingold and Gingold. Mr dangled was very knowledgeable and direct with regard to my debt situation. there were no surprises and the case went as I was advised. The staff was also very helpful whenever I had a question. I will definitely recommend them in the future to my friends.

    Julie T.

    I contacted getting old and getting old regarding some old tax debt and credit card debt that I needed to address and had been putting off. miss Irving in the office was very very nice and put me at ease. I met with Jaime Gingold. She was very nice and explained the procedure to me and what would be left owing to the Internal Revenue Service and the State of Georgia after my case was done. My case has now been completed and I am on my way to a new start. Thank you Gingold and Gingold for all of your help.

    Anna T.

    Amazing! Outstanding!! They went over and beyond..I would recommend them to anyone needing a lawyer!!

    Write a review

    Jamie L. Gingold, PC

    195 14th Street NE #1604

    Atlanta, GA 30309

    Phone: (678) 915-2634

    Email:

    We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.