First MLS is reporting eleven closed home sales in Lumpkin County Ga. for November 2010 Nine of them were foreclosures. That works out to be 81% of the sales were foreclosures!
What is it like in your area?
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003
Alan: I think it's like 20-30% up here in Des Moines. I've actually been to Lumpkin County, hiking the Appalachian trail. That's neat country there. Happy Holidays!
Dec 19, 2010 03:06 PM
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL
Alan, wow! That is shocking. Is it because Dahlonega is right by Lake Lanier and so many vacation homes are in foreclosure? I'll bet the investors are having a hey day if that's the case, scooping up great properties at unbelievable prices. My brother-in-law used to live in Dawsonville right on the lake. I lived in Atlanta 25 years - I know the area pretty well.
Dec 19, 2010 03:35 PM
Dan Edward Phillips - Eureka, CA
Realtor and Broker/Owner
Hi Allen, thanks for sharing the figures, ours is in the 10 to 15% range.
Dec 19, 2010 04:21 PM
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services
Alan - WOW! That is a huge percentage of foreclosures! While Los Angeles & Ventura counties has a lot of foreclosures (I don't know the percentage), I seriously doubt it is as high as that. Probably around 50%.
Jan 16, 2011 11:46 AM
Rainmaker
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Alan Grizzle
Full Time Realtor, Lifelong Resident of Dahlonega
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