What impact is Clayton Countys loss of school accreditation having on real estate?
In a relatively stable Atlanta market, Clayton County property values have dropped at least 20 percent. The local Realtor organization, The Metro South Association of Realtors, after seeing that the local school system has lost it’s accreditation for the second time in 5 years is asking for the Governor to fire the school board and bring in a replacement. This is serious and Clayton’s property value drop is not only because of the school system. As Atlanta has gentrified many of the people displaced have moved into this county and the stresses on social services have taken its toll. But corruption and waste in the school system has exasperated the situation. If I had a sister who wanted to sale her house in Clayton County I would tell her to wait until the County had a new school board and then wait for one year to see what happens to the real estate market. If I was to buy a house to move into I would not do it unless it was for an investment property. I do have some numbers and chart
Related Questions
- Does the loss of SACS accreditation mean that Clayton County Public Schools is no longer approved to award credit to employees for teacher certification and professional learning courses?
- What is the Fiscal Year for Real Estate Taxes Imposed by Municipalities, the County and School Districts?
- What is the fiscal impact on school district, fire district and County?
