It appears the Coweta County real estate market is showing some signs of recovery. The number of foreclosures advertised in the Newnan Times-Herald for November 2009 is 185, down from 207 in October and a record 265 in September.1
In addition, requests for on-site environmental health evaluations is up nearly 20% from a year ago, indicating that there is a modest increase in building activity, These factors, combined with new federal tax credits for home purchaser, could help to stabilize the local economy.
And while these improvements may only be baby steps in the right direction, they still tend to reduce the slippery slope to something a little more manageable!
Coweta enjoys low property prices, and combined with low interest rates and new tax credits, there has never been a better time to purchase a home in the county. If you are considering a move to the Atlanta area, be sure to include Coweta County and Newnan on your list of possible places to relocate.
1 Source for all statistics: The Newnan Times-Herald
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