Zillow economist predicts dip in Atlanta home prices

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After nearly two years of rapid increases, metro Atlanta housing prices are likely to dip in coming months, the chief economist for Zillow told a group of local housing industry representatives Friday. Speaking to a group invited by the Metro Atlanta Chamber, Skylar Olsen said that higher interest rates, economic uncertainty and the dauntingly high prices are combining to undercut buyer demand that has had so many buyers bidding against each other.
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