Home Prices. Why I Think Atlanta is a Safe Bet

They say that a picture is worth a thousand words. When I get asked about Atlanta real estate prices, I pull out this graph and let it speak for me.

Click on the image to see a large image. It shows home prices in 20 metro areas from 2000-2008.

Atlanta is the fourth line from the bottom. It's one of the very flat lines. What didn't go up much, probably won't fall much.

I used to envy the people I met from Miami. Their homes had appreciated so much. Now I count my blessings that Atlanta got bypassed by the real estate bubble that is now being deflated in many areas across the US.