Is The Atlanta Housing Market Going To Crash?

Like several cities in the Southern United States, Atlanta has experienced a surge in popularity as a place of work and residence. From a population of approximately 394,017 in 1990, Atlanta’s population grew by more than a quarter (26.7%), reaching 499,127 people by 2022.

When housing markets across America got turbocharged in 2021 and 2022, Atlanta was one among many to feel the pandemic-induced squeeze on home prices and available homes for sale. But after the Fed’s series of rate hikes from 2022 to 2023, many housing markets have been brought back down to earth. The question is how hard the fall back to earth is.