Hello neighbors,

According to the S&P/Case-Shiller Index, the nation's largest cities are continuing to see a rise in home sale prices for the fifth straight month. Although the increases aren't much, it is still highly welcomed after the continuous decreases of 2008 and early 2009.

In regards to Atlanta, the index showed improvement for the fourth consecutive month. However, recent monthly prices were the same as prices in the previous reporting period.

It is obvious that the real estate market is showing mass improvement in comparison to half a year ago. Home value increases have had a positive impact on real estate in more ways than one. Some of those include: homeowners who are selling have a better chance of receiving an offer closer to their asking price, new home inventory is less in comparison to previous months, and homeowners in mortgage trouble have a better chance to break even and possibly avoid default. 

All in all Atlanta is slowly but surely getting back on its feet.