Home prices are dropping in Atlanta. Investors are selling out of the market and this could be the sign of a big housing crash. The last time Wall Street sold out of South Atlanta it was right before the 2008 housing crash.
I filmed this video in College Park, GA, a historically low to middle income suburb south of Atlanta. Wall Street homebuyers have had a big history of buying houses here, and in 2022 investors bought 58% of the houses.
Now they’re selling. Values are dropping, and dropping hard. Data from Zillow shows that home values are down 7% in the last year, and could drop by more in the future, due to the institutional investor crash.
The question is: will there be a good time to buy houses in this area south of Atlanta? Some of these homes sold for $50,000 at the end of the last housing crash. Now they’re selling for $250,000 to $300,000. Just how much could they drop in the future?
Access the housing market data for your market to find out. Head to www.reventure.app to see our 12-month price forecast for your area under a premium plan.
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