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Old 04-22-2010, 06:41 PM
 
255 posts, read 464,248 times
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Quote:
Originally Posted by noah View Post
Look at the facts. There are some Very good schools in the city of Atlanta.
Oh really?

Name ONE. Just one that was competitive with the outlying areas like Fayette County, Cobb County or North Fulton.
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Old 04-23-2010, 10:26 AM
 
Location: Norman, OK
3,478 posts, read 7,256,496 times
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^Define "competitive". And, even in those counties you listed, there are good schools and bad schools. So, it makes it difficult to make apples to apples comparison I think.

But, from my limited experience with tutoring high school students, I found students from Grady and North Atlanta high school to be very well educated and even performed better than the student I tutored from Gwinnett (forgot the high school name - near Peachtree Corners).
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Old 04-23-2010, 10:47 AM
 
1,176 posts, read 2,688,602 times
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Supply is greater than demand - simple!
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Old 04-23-2010, 11:00 AM
 
2,685 posts, read 6,048,359 times
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True. But there is also a financing issue.

Do some seaches online and you'll see thousands of condo buildings across the county do not qualify for FHA financing as they have tightened the guidelines so much and I believe the same goes for coventional because of fannie may guidelines. New buildings can't get approval because they haven't presold enough units, old buildings can't if they don't have huge reserve funds, high % of owner occ, very low unpaid dues etc. All of these things are tough in these times.

Quote:
Originally Posted by mrdkb View Post
Supply is greater than demand - simple!
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Old 04-23-2010, 11:44 AM
 
Location: Atlanta, GA
504 posts, read 1,545,972 times
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Yeah, condos & town-home prices are down, but so are single family detached homes. My area of Decatur has seen at least 50% drop in value of homes and probably more depending on the house and exact street. Some houses have even been going for the price of used car (next door neighbor bought that house for $18,500!) I agree with other posters though about condos & town-homes in certain areas. They will most certainly come back at some point. The only real question is how long will that take is anybody's guess.
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