Homebuyers looking to escape Atlanta for cheaper housing may want to rethink their strategy.
New data from real estate brokerage Redfin suggests the Atlanta region could soon become the only major metropolitan area in the United States where homes outside the metro area cost more than homes inside it — a reversal of the long-standing “drive until you buy” approach many buyers have relied on.
For years, buyers priced out of the city simply moved farther away. But in metro Atlanta, the places once considered the affordable frontier are quickly becoming some of the region’s hottest and priciest markets…