Predictions that Georgia job losses will continue

Rarely do I hear people talk about "affordability" as a key component of the real estate market. By affordability, I mean the number of people who can actually afford to buy a home. We focus on inventory, days on market, averages and the like. But the number of people in the pool who can actually buy a home is the bottom line.

When jobs go away, the number of people in that pool gets smaller and smaller.

Michael Kanell with the AJC writes that "It may be 2012 or 2013 before we get back to where we were," Ouch. And if you are an agent in the metro area, do not read the very last sentence of this article. I'm not one to be pessimistic, but until people can get back to work things can't change.