Sep 08 2008

Atlanta Condo Market

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Mel and I decided it was time to take our loft off the market for a couple of months. We just can’t fight the current housing slump Atlanta is going through right now with regards to property sales. We had 4 showings over 6 months and only 1 open house. Apparently Atlanta is down over 50% on condo sales this year compaired to 2007 and has an insane surplus up for grabs. Not worth the stress or time it takes to keep a property in “showing shape” especially when we still live there so at this point we’re just going to cruise through the end of the year, get through the elections and hope the market starts to turn around in the Spring.

Frustrating but there’s not much we can do atm other than wait it out and hope for a quick recovery.

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