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Housing market optimism may be rising, but is it in Atlanta? Atlanta, GA

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Housing market optimism may be rising, but is it in Atlanta?

Foreclosue Sign on Top of For Sale Sign in Front of House

The word “foreclosure” isn’t being used as much these days as it used to. The economy has started to climb out of the basement. And as it has, the housing market has been recovering, too. 

There are still many people who find themselves confronted with financial hardship that includes the threat of foreclosure, to be sure. If they are wise, they are working with an attorney who can help them assess their options for stopping foreclosure. Still, the signals of recovery have not gone unnoticed in Atlanta. 

Giving evidence to the change is a new Gallup poll on the economy and personal finance that was recently conducted. According to Gallup, its survey of more than 1,000 people last month showed that 56 percent of respondents are of the opinion that average home prices will rise in 2014. Another 34 percent think they will hold steady. Only 10 percent think prices will fall.

In the Atlanta area, the assessment of the market seems to depend on whose analysis you choose to go by. According to one observer writing for Realty Biz News, Atlanta remains a soft market for sellers. She points to RealtyTrac data for smaller cities in the greater Atlanta area that show that sales have declined at rates in the double digits. She says the current state of things means there are good opportunities for buyers who know where to look.

Meanwhile, the Atlanta Business Chronicle points to numbers from the CoreLogic Case-Shiller Indexes that indicate Atlanta area home prices rose 17.8 percent in the last quarter of 2013, compared to the last quarter of 2012. And CoreLogic predicts metro Atlanta home values could rise another 2.9 percent in the last quarter of this year.

Which assessment sounds right to you?

Source: US Finance Post, “Gallup Poll Finds Increasing Optimism About Housing Market,” Christine Layton, April 25, 2014

Source: Realty Biz News, “Atlanta Housing Still Has Bargains – If You Know Where To Look,” Donna S. Robinson, May 13, 2014

Source: Atlanta Business Chronicle, “Metro Atlanta home prices jumped 18% at end of ’13,” May 13, 2014

Posted on behalf of Gingold & Gingold

1718 Peachtree St NW, #385
Atlanta, GA 30309

Phone: (404) 685-8800

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Gingold & Gingold LLC
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!

All C.

Mr. Gingold was recommended by an attorney I had worked with previously. I met with Ira Gingold to discuss credit issues. He went over each specific issue thoroughly. He advised me of the potential outcomes. He did all this in one meeting for a very reasonable price. When we finished I was confident in moving forward with a resolution. He definitely wants to help people take the appropriate course of action for their circumstance.

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.

Sherard W.

I cannot say enough about this law firm. From the initial consultation to our discharge, the entire office kept me updated with every step of the entire process. I came to the Gingold after a bad experience with another law firm. Ira and Jamie immediately began treating me like family through this experience. In the end, they assisted with eliminating many debts including my 2nd mortgage. I cannot say enough about the experience and knowledge that Ira brought to the table from the office visits to the court time. Thank you very much for helping me through this tough time. Thank you.

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