Two years ago I wrote about whether it was time to sell here in Gwinnett County…  Wow have things changed in the last two years.

The basic logic is the same now, but looking in the rearview mirror, it sure is tough to justify back then.  Of course, back then I didn’t know what the last two years would look like.  My crystal ball was a little dirty.

To start with, where I was talking about $2000/mo rent for a $200,000 home, now the home is likely worth $170,000 and the rent would be unlikely to exceed $1500.  Of course there are neighborhoods that command higher rents… they also have stronger sales and support for higher prices.

Anyway, here is the read.