Interesting article in NY Times
While there isn't much contained in this story most of this group doesn't already know, I felt compelled to share.
It should be of particular interest to those of you working the Atlanta market, but the story can applied be across the US. We are seeing more and more stories of this nature and I can't help but think (and fear?) it will also lead to more investors jumping in;albiet haphazardly...but could impact prices. Suppose that is good and bad depending on your perspective.
here is the link:
http://www.nytimes.com/2012/02/01/business/economy/in-atlanta-housing-woes-reflect-nations-economic-pain.html?pagewanted=1&_r=1&ref=business