AgentMarkets & Economy

Atlanta suffers triple economic whammy

A look at the factors pushing metro's median home price below $100K
Published on Apr 6, 2012

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Earlier in the year, I had to be in Atlanta for a conference, and the venue was one of the grand hotels in the downtown area. Taking a break from all the talk, I took a walk toward the midtown area eventually stopping in front of Bank of America Plaza, which, at 55 stories, is the tallest building in Georgia.

"Nice building," I thought to myself and then moved on. The next day, I'm scanning the news on the Internet and read that the tower had entered into default.

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