Tag Archive | "Atlanta Foreclosures"

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Atlanta Distressed Property Update

Posted on 30 January 2012 by Aaron Hofmann

Distressed property sales continue to be a major factor in Atlanta. As you can see from the chart below, 2011 saw a marked increase in Atlanta short sales and Atlanta foreclosures. An interesting point to note is that in 2011, short sales outpaced foreclosures in the last three quarters. This is what we’ve been expecting as banks have been working harder to get more homes sold via the short sale route rather than foreclosing on homes. A short sale is a win-win for both the homeowner and the bank and in most cases a much better alternative to foreclosures. One other statistic to note is the significantly higher number of Atlanta foreclosure sales in both the first quarters of 2010 and 2011 compared to all other quarters. Will be interesting to see if the trend repeats itself in the first quarter of 2012.

As noted above, distressed property sales (Atlanta short sales and foreclosures) amounted to 41.7% of all properties sold in metro Atlanta in the fourth quarter of 2011. And in general, we’ve seen the distressed sales numbers increasing. While at the same time, the percentage of active listings that are distressed properties is still quite a bit lower than the related sales numbers. What that tells us is that a higher percentage of distressed properties sell than their non-distressed counterparts. Seems logical. Distressed properties are priced aggressively. But the flip side to this is nearly 60% of all homes sold aren’t distressed properties. They’re homeowners just like you and I that understand that they have to be competitive in today’s market to get their home sold and are willing to stand toe-to-toe with distressed properties and show buyers why their properties are better.

The other point to take away from the chart above is that if inventory levels of distressed properties have doubled in the past year, expect to see a further increase in the percentage that distressed properties make up of all Atlanta homes sales in 2012.

Understanding the market in 2012 will be key to your real estate success. If you need assistance with an Atlanta short sale or are interested in purchasing an Atlanta short sale or Atlanta foreclosure, contact us today. We’ll be glad to sit down with you and strategize on the next steps.

 

 

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Happy New Year Atlanta

Posted on 01 January 2011 by Aaron Hofmann

Happy New Year!!!

Welcome 2011!

We just said good-bye to 2010 and welcome in 2011. The past year just flew by, so here’s hoping for a little more time to savor life, smell the roses, play with the kids and be thankful for having such a wonderful life and spending time with those you love.

2010 has been a difficult year for a lot of Atlanta homeowners and 2011 may prove to be just as trying. If you’re facing foreclosure, don’t delay, contact us today to see how we can help you stop Atlanta foreclosure.

Best Wishes,

Aaron

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Black Friday in Atlanta

Posted on 26 November 2010 by Aaron Hofmann

I always look forward to Thanksgiving every year. It’s time for some turkey, time to give thanks and time for some extra football. Thanksgiving time. It’s certainly a time of year when we get to spend time with friends and family and realize that we are fortunate.

But for some savvy shoppers, this is also the time of year to prepare to assault the stores on what has become known as Black Friday. Now while you may be looking to take advantage of the latest deals, keep in mind that not all deals are found in the stores.

For example, you can find lots of great deals online.

Another option is in the Atlanta real estate market. Home prices have been reduced and, interest rates are great right now.

These kind of deals are going to be hard to beat in the stores or even online. To make your Black Friday shopping spree, easier, we’ve compiled up-to-date lists of Atlanta short sales as well as foreclosures in Atlanta. We’ve also broken the list down to include some other popular communities in metro Atlanta.

Alpharetta
Short Sales
Alpharetta
Foreclosures
Brookhaven
Short Sales
Brookhaven
Foreclosures
Buckhead
Short Sales
Buckhead
Foreclosures
Decatur
Short Sales
Decatur
Foreclosures
Duluth
Short Sales
Duluth
Foreclosures
Dunwoody
Short Sales
Dunwoody
Foreclosures
East
Cobb Short Sales
East
Cobb Foreclosures
Johns
Creek Short Sales
Johns
Creek Foreclosures
Mableton
Short Sales
Mableton
Foreclosures
Marietta
Short Sales
Marietta
Foreclosures
Midtown
Short Sales
Midtown
Foreclosures
Milton
Short Sales
Milton
Foreclosures
Norcross
Short Sales
Norcross
Foreclosures
Roswell
Short Sales
Roswell
Foreclosures
Sandy
Springs Short Sales
Sandy
Springs Foreclosures
Smyrna
Short Sales
Smyrna
Foreclosures
Vinings
Short Sales
Vinings
Foreclosures

If you’re interested in taking advantage of the Black Friday deals in the Atlanta real estate market, be sure to contact us for your free buyer consultation.

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Call us to discuss Atlanta Short Sale options

Posted on 22 November 2010 by Aaron Hofmann

When Ready to sell your Atlanta Home – if you owe more than the mortgage, we can help. Call us to discuss short sale options. Atlanta Short Sale Specialists with Keller Williams Realty Cityside. If you are looking to buy, feel free to use our Atlanta Home Search and Property Organizer to identify the latest Atlanta short sales and foreclosures.

Atlanta Short Sale Specialists – We can help

  • Do you owe more than your home is worth?
  • Have you received a notice of default in the mail?
  • Do you want, need, or are being forced to move?
  • Did you buy an investment property that you need to unload?
  • Are you in a divorce situation?
  • Recently unemployed?
  • Have you fallen on medical hardship?

If you answered yes to any of these questions above, you may want to consider an Atlanta short sale! Do you need to sell your home, but owe more than it’s worth? You are not alone. Many people are stuck in unaffordable loans, or simply need to move.

Atlanta Short Sale Specialists

Keller Williams Realty Cityside

770-874-6383

Contact Us

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