Georgia at the Intersections: Housing Affordability

'Over the past year, Atlanta’s median home prices have increased nearly 24  percent and according to the real estate brokerage firm Redfin -- Atlanta home purchases have been particularly targeted by investors- which means flipping and reselling for even higher prices.  As housing prices rise, the city’s racial demographics are also shifting.  White residents coming to Atlanta have vastly outnumbered the arrival of new Black residents, a reversal of trends from previous decades, when Black residents made up the majority of Atlanta's populationThe Takeaway spoke with Jim Burress, a WABE reporter who's been covering Atlanta’s housing market for nearly 14 years and Bambie Hayes-Brown, CEO of Georgia Advancing Communities Together, an organization representing non-profit housing and community development groups in Georgia.'

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Published on April 20, 2022 08:37
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