debbysdishaboutatlantarealestate

VERY Active 4th Quarter for Atlanta Real Estate!

02/02/2012
Leave a Comment

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:

http://www.debbybraun.com/search_atlanta_mls_listings.asp

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,

Debby

Advertisements

Posted in Uncategorized