The Good The Bad and the Opportunity
The latest news in home prices put out by the National Association of Realtors for Atlanta has the median home price at $175,500. The good news is that is a 0.9% change above the price a year ago. The US as a whole was down -1.5%.
The latest news on foreclosures shows no end in sight. July filings were up according to Realty Trac, the online marketer of foreclosure properties. Georgia filings were up 75% to 12,602. The bad news is that the Georgia average was one for every 299 housholds, the nations second highest rating.
Looks like the buying opportunities out there are continuing to improve for the savey investor. The deals will keep getting better for those with good credit or cash. Dont miss out on the buying chances across the next 12 months.
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