atlanta: Existing home sales up 3.1 percent - 08/25/08 09:50 AM
Nationwide sales of existing homes rose 3.1 percent off a ten year low last month, according to the latest National Association of Realtor report.
It's the highest level of existing home sales in five months.
Still, resales were well below July 2007 - which are down 13.2 percent nationwide.
The … (2 comments)
atlanta: Georgia foreclosures 6th in nation - 08/14/08 10:04 AM
The number of foreclosures across the country continued to soar last month, according to the latest report from RealtyTrac.
Total foreclosure filings in July, including delinquency notices, auction sale notices, and bank repossessions, were up 8 percent from last month - and 55% from last year.
That equals a rate … (0 comments)
atlanta: Atlanta ranks 20th in foreclosures - 07/26/08 12:08 PM
Georgia dropped to the state with the eighth-highest foreclosure rates in the second quarter of 2008, according to the Realtytrac second-quarter foreclosure report which was published on Friday. Last quarter, the state ranked sixth in the nation.
Additionally, metro Atlanta measured twentieth overall among cities with the most foreclosures.
Realtytrac, … (0 comments)
atlanta: Atlanta named third-best city for real estate investors - 07/16/08 11:50 AM
Homevestors, the national real estate investment company known for its ubiquitous "We Buy Ugly Houses" billboards, recently selected Atlanta as the third best market for residential real estate investing.
The only cities better were Dallas and Houston.
Homevestors, which has over 230 franchises across 35 states, has sold over 35,000 homes … (0 comments)
atlanta: Atlanta condo projects feel weight of housing crunch - 05/05/08 02:02 PM
From the Atlanta Business Chronicle: Atlanta's biggest condo projects aren't immune to the rash of foreclosures that has swept through the city's residential real estate market. Several prominent condo towers from downtown to Buckhead have been affected, including Novare Group Inc.'s TWELVE Atlantic Station, Julian LeCraw and Co. Inc.'s The Paramount at Buckhead … (0 comments)
atlanta: Steep declines in home prices continued in February 2008; Atlanta down 5.6 percent - 04/29/08 11:48 AM
From CNN: Home prices have posted another record decline, as most of the nation's largest markets suffered double-digit drops over last year, a survey released Tuesday shows. The S&P Case/Shiller Home Price Index, which tracks 20 of the largest housing markets, showed prices plummeting by 12.7% in the 12 months ending February. That's … (0 comments)
atlanta: Despite economy’s rumblings, Atlanta looking up - 04/24/08 01:03 PM
From Commercial Property News: Atlanta is on the rise, and now is the time for the commercial real estate industry to jump on the opportunities that are coming with the city's growth, according to real estate experts at CPN's annual Atlanta Property Opportunities Conference. Over 150 market executives attended the panel discussions, … (1 comments)
atlanta: Record number of foreclosed properties up for auction in Atlanta - 04/16/08 01:42 PM
From the AJC:A record number of metro Atlanta properties are scheduled to be auctioned on the courthouse steps next month, according to numbers released Tuesday by Equity Depot, an Alpharetta company that tallies foreclosures.The data is further evidence that metro Atlanta is mired in a real estate slump. Homeowners, builders, developers … (2 comments)
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