Athens Georgia Economy - More Positive News!

Recession Map from Moody's Economy via USA Today

 More good news:  Although Georgia as a state is still designated as "At Risk", USA Today reports Athens, Georgia as an "expansion area"!  The Office of Federal Housing Enterprise Oversight reports a 2.6% gain for home values in Georgia in 2007. 

USA Today reminds us that "Businesses and consumers not in areas most affected by the housing boom and bust are not escaping the effects of the housing slump entirely...", mostly due to tightening in the availability of mortgage money due to high forelcosure and secondary lender closures. 

Michelle DeRepentigny, Broker - Success Realty - Athens Georgia

 

2 Comments on Athens Georgia Economy - More Positive News!

Michelle,

 

Thanks for the great information.  I will use this often and share with my clients

 

04/19/2008 09:16 PM by Amy Coile

Amy, thanks for dropping by - this kind of information makes me really glad we work in Athens, GA!

04/28/2008 03:54 PM by Michelle DeRepentigny, *Real Estate Broker * Athens, GA (Success Realty)

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Real Estate Agent: Michelle DeRepentigny, *Real Estate Broker * Athens, GA (Success Realty)
Michelle DeRepentigny, *Real Estate Broker * Athens, GA
Athens, GA
More about me…
Success Realty

Office Phone: (706) 543-1553
Cell Phone: (706) 207-2502
Email Me
All about Athens, GA real estate, news & event including information about relocation, buying and selling real estate!

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Michelle DeRepentigny, Broker - Success Realty Athens Georgia

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