Could there possibly be a new Metro Atlanta housing bubble on the horizon? The latest S&P/Case-Shiller Home Price Index showed prices in the nation's 20 largest cities had the biggest year-over-year increase since May of 2006. Diana Olick reports for NBR that some are now worrying that we may be facing a new housing bubble.
Even though signs point to the Metro Atlanta housing crisis being over, 58 percent of Americans believe we are still in the middle of a crisis, and roughly one in five people believe the worst is yet to come. These statistics come from the MacArthur Foundation. Their "How Housing Matters" research initiative involved a telephone survey of 1,433 adults, conducted between Feb. 27 and March 10.
What do you think? Do you think we're on the verge of another Metro Atlanta housing bubble? We'd love to hear your thoughts and comments. (Your email address will never be displayed on this site, or used by us to contact you… so please go ahead and tell us what you think about a possible Metro Atlanta housing bubble.)