atlanta foreclosures: ATLANTA REAL ESTATE - JANUARY 2010 in REVIEW
- 03/08/10 08:26 AM
We are off and running. January, 2010 is now just a distant memory. And, for the Atlanta real estate market, January, 2010 left behind the lowest number of closings in a month during the past nine (9) years (Steve Palm/Smart Numbers, Marietta GA January 2010 Agent Report). And, the foreclosure market in Atlanta seems to be taking a break. We saw just over 8100 foreclosure filings for the month of January. Seems hard to imagine that we see that figure as good news. Gwinnett County came in second with 1,196 foreclosure fiillngs according to Realty Trac. And, according to Steve Palm with … (0 comments)
We close the door on 2009 and from my perspective if you are still in the real estate business you deserve a HUGE pat on the back. It was tough out there, but houses were selling. It became a huge dose of reality that if you wanted to survive you had to learn a new way of working AND be diligent. Equally I think this business has proven, at least for me that you never know it all – no matter how long you’ve been a Realtor®. If you were a Seller during 2009, the year was probably an eye … (0 comments)
OVERALL ATLANTA MARKET RECAP A decline of nearly 29% in closings for ALL residential properties was noted this month compared to a year ago. Ranks as the 23rd year-to-year percentage decline. According to RealtyTrac, Georgia's foreclosure inventory is declining; but, the state still ranks as one of the country's highest in foreclosure inventory Home prices were down approximately 9% from a year ago 9,900 foreclosure filings in October Predications loom a 4.5% interest rate on NEW mortgage loans will be approved … (0 comments)
We are off and running. January, 2010 is now just a distant memory. And, for the Atlanta real estate market, January, 2010 left behind the lowest number of closings in a month during the past nine (9) years (Steve Palm/Smart Numbers, Marietta GA January 2010 Agent Report).
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