School Turmoil Costs Home Equity

School Turmoil Costs Home Equity

There are 22 comments on the WXIA Atlanta story from Mar 4, 2008, titled School Turmoil Costs Home Equity. In it, WXIA Atlanta reports that:

In the last four years, according to realtors, homeowners in Clayton County have lost, on average, $54,000 in equity.

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fact_cat

United States

#23 Mar 5, 2008
$230,000 for a 4,500 home?

I don't think so..something is wrong with that house...
Jimmy

Commerce, GA

#25 Mar 5, 2008
fact_cat wrote:
$230,000 for a 4,500 home?
I don't think so..something is wrong with that house...
I do not understand how a 4,500 sq ft house could sell for $230,000 either but in real estate, location is everything.

Perhaps, being in Clayton County really is economically painful.

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