The current real estate market in Newnan and Coweta Georgia is dominated by foreclosures and bank-owned properties. And although there are foreclosures in nearly every price range, the hottest market continues to be houses under $150,000.
If a property is listed under $100,000. there is even more demand. On top of that, many buyers seek low down payment opportunities, such as $100 down HUD homes that also offer a $1000 bonus to the owner-occupant buyers.
USDA loans are also very popular in qualifying areas of the county, but funding for these loans are uncertain at this time. Hopefully, the program will remain available to those buyers looking for homes in the outlying areas of the county.
Overall, the market in Newnan and Coweta County is active and robust, and hopes are optimistic for good sales this summer.
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