Rentals in Atlanta should prove to be good investments as Metro Atlanta home values will not regain losses from the Great Recession until the first quarter of 2016, according to the second quarter Zillow Real Estate Market Reports.
For the second quarter, metro Atlanta home values averaged $149,000 — up 18 percent year of year, but still down 14.7 percent from the market peak.
Nationally, home values remain 11.3 percent below their 2007 peak, the report noted.
U.S. home values climbed 6.3 percent year-over-year in the second quarter to of $174,200 — the slowest annual pace of appreciation recorded so far this year and a sign that the market is returning to more normal levels.
