I just checked and the foreclosures/short sales in February 2012 and 2013 were as follows:
2012 2013
Foreclosures/short sales 59 35
Total Sales 171 207
Percentage of distress sales 34.5% 17%
As the job market improves and as the value of homes increase we will see the number and % of distressed sale going down. This is bad news for investors but great news for homeowners.
If you are considering buying a home or selling a home - call me at 770 722-7010 or email me at JohnFoster@remax.net - I specialize in the North Atlanta market - I am looking for more homes to list.
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