VERY Active 4th Quarter for Atlanta Real Estate!

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2011  finished the year with several indicators of a comeback market: 

  • Sales increased by 19% in the 4th Quarter of 2011
  • Full year 2011 +15.1 higher than in 2010,  +7.6% compared to 2009
  • Monthly sales increased in 11 out of 12 months this year compared to the same period last year
  • Foreclosure percentage was lower in 4Q 2011, at 17.0% of quarterly sales, while overall distressed sales were higher, at 41.7% of 4Q 2011 sales
  • Distressed sales were 56.3% of 4Q 2011 sales in the <$100K price range
  • A reduced inventory of distressed properties may be reinforcing their desirability to bargain-hunting buyers who fear missing out on fire-sale deals

Don’t miss out on those deals, just follow this link to start hunting for your own deal:

If you would like to see the full Q4 Atlanta Market Report, just ask. We’re ALWAYS happy to share!

Lastly, one of my colleagues has willing and able buyers…but cannot find a suitable home …even in expireds! Please let us know if you or someone you know is considering selling a home with the following criteria:  Up to $600k; Schools: East Cobb – Walton – with any of the elementary schools, DeKalb – Austin and Vanderlyn, Fulton- Morris Brandon, Sara Smith, Warren T Jackson; Built after 1990; 5/4 with a basement and not on or close to a busy road.

Best Wishes,


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