Home prices in Metro Atlanta down

Atlanta home prices are on a steady decline.  The latest report from Zillow shows the median home price in the Metro area is nearly $108,000 and prices could drop even further.

According to the research firm Zillow, local home prices are down 9% from last year.  Eugene James heads the Atlanta office of Metro study a real estate search firm.

“Overall the trend shows that prices are coming down, but drill down and look a lot closer you’ll see that there are submarkets in Atlanta where prices are actually starting to inch up.”