Terminus

State of the Union- July 2013 prices are still rising, but finally the rate of increase is slowing

OK so we are half way through Summer, and it is incredibly rainy here in Atlanta!   It reminds me of my first summer in Dallas in 2007 where it seemed to rain nonstop for 6 weeks in the summer.   Very wild.     In any case, I do not know if it is the rain or the increase in interest rates but prices are finally not climbing as fast as before.  PRICES ARE STILL CLIMBING THOUGH!   The Atlanta Condo Deals are still there and Atlanta remains the cheapest condo market in the world when compared to per capita income! Let me start with the interest rates.       Interest rates (defined...