Lender Processing Services (LPS) says that they track home sales on a monthy basis and their home price index gives them a quick read on changes to the market. Their data shows that house price declines were widespread, throughout the country, in August but that higher priced homes declined less than lower priced homes. Of all the cities that they track with their index the city with the largest home price decline in August was Gainesville, Georgia.
The city with the largest price decline since the beginning of this year, as measured by LPS is Atlanta, GA. The Atlanta metro area shows a 2011 price index decline of -10.5%. The city with the second highest price decline was Phoenix, AZ with a 2011 decline of -5.2% or about half of the drop experienced (here) in Atlanta.
If you want property tax relief in the coming year and you would like the help of real estate professionals that are saving property owners 21% on average in 2011 contact Fair Assessments, LLC. We are your Atlanta based property tax consulting firm. Our 20+ years experience in real estate appraisal, property tax assessment, and property tax reduction is unequaled. For help with your property tax appeal contact us.
The city with the largest price decline since the beginning of this year, as measured by LPS is Atlanta, GA. The Atlanta metro area shows a 2011 price index decline of -10.5%. The city with the second highest price decline was Phoenix, AZ with a 2011 decline of -5.2% or about half of the drop experienced (here) in Atlanta.
If you want property tax relief in the coming year and you would like the help of real estate professionals that are saving property owners 21% on average in 2011 contact Fair Assessments, LLC. We are your Atlanta based property tax consulting firm. Our 20+ years experience in real estate appraisal, property tax assessment, and property tax reduction is unequaled. For help with your property tax appeal contact us.
