Home prices: Searching for a bottom
These families are trying to take advantage of the trends in their local real estate markets.
Atlanta
Goal: Clinton moved into Shaunya's house when the couple married in 2007, but it's cramped for them and Clinton's two school-age sons. "We want a bigger place with a basement and an extra bathroom," she says.
Challenge: They worry about buying a more expensive home - some of the ones they are looking at cost $350,000, vs. a value of about $260,000 on their current home - at a time when prices may keep falling.
Strategy: Prices in Atlanta aren't expected to bottom until the first quarter of 2010. The couple should aim to buy around then, says Shelease Smith, a local real estate agent.
NEXT: Raleigh, N.C.
Last updated March 31 2009: 10:06 AM ET
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