---
title: Atlanta Residential Values - Yesterday's News
description: "Does anyone actually believe that we are out of this mess yet?   Atlanta Business News      4:03 p.m. Tuesday, February 22, 2011   
 
 Home prices"
---

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# Atlanta Residential Values - Yesterday's News

Posted by [Daniel Jones](https://www.fair-assessments.com/blog/author/daniel-jones) on Feb 23, 2011 5:02:00 PM

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 4:03 p.m. Tuesday, February 22, 2011

# Home prices continue wrong-way trend

By [Michelle E. Shaw](mailto:mshaw@ajc.com)

The Atlanta Journal-Constitution

The stabilizing housing market many experts saw a year ago seems to have been built on sand.

New data released Tuesday showed another monthly decline in [home prices](http://g.ajc.com/r/DS/), with values in metro Atlanta and 10 other markets falling to new lows since the housing bubble burst in 2006 and 2007.

Metro Atlanta values were down 8 percent in December from the same month in2009, according to the Standard & Poor’s Case-Shiller Index. The decline continues a trend that began in the summer, following a mild recovery spurred by homebuyer tax credits.

The metro region is now 26.7 percent below its July 2007 index peak...

[http://www.ajc.com/business/home-prices-continue-wrong-848869.html](http://www.ajc.com/business/home-prices-continue-wrong-848869.html)

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