Archive for the ‘Foreclosures’ Category:

Foreclosure Activity in Georgia Down 39%

By Robert Strader on May 13th, 2011
Foreclosure Activity in Georgia Down 39%
40 Month Low According to RealtyTrac national foreclosure activity is down 34% year-over-year last for month. It’s the seventh straight month that foreclosure activity has decreased on an annual basis. Down 9% from last month, we are at a 40 month low. Georgia is Number 8 Georgia is number 8 on the list of the ... [Continue Reading]

The BIG Number: February 2011

By Robert Strader on February 28th, 2011
3.2 The months of available FORECLOSURE inventory in North Fulton. At the time of this post there are 78 active bank-owned properties across all price ranges, 297 sold over the past 12 months. So don’t be surprised when there are only 4 foreclosures to look at in the $400′s. On the last day of each month I ... [Continue Reading]

The BIG Number: December

By Robert Strader on December 31st, 2010
71 The number of distressed (bank owned and short sale) homes sold in Milton, Ga in 2010.   31 are currently available at the time of this post, approx. 5 months worth of distressed inventory. On the last day of each month I post a “Big Number” or interesting figure related to real estate in our area. ... [Continue Reading]

The Flow of Foreclosures in Atlanta, Will It Get Better or Worse?

By Robert Strader on October 5th, 2010
The Flow of Foreclosures in Atlanta, Will It Get Better or Worse?
…..or do we even know? Fannie Mae reported that serious delinquencies fell for the fifth straight month in July (for single-family mortgages). This indicates that housing troubles are easing and the economy is slowly beginning to mend. Loans that constitute a serious delinquency are 90-days late. That rate dropped from 4.99% in June to 4.82% ... [Continue Reading]

Sales of Foreclosures in North Fulton Increase: So What?

By Robert Strader on April 19th, 2010
Sales of Foreclosures in North Fulton Increase: So What?
Foreclosures have and will continue to effect real estate prices for some time to come. Our market seems to have the capacity to absorb foreclosures at the current rate they come on the market and we’ll probably see foreclosures as a significant part of our market for a few years to come. For the state, ... [Continue Reading]

Will Market Improvements Spell Trouble for Existing Home Sellers?

By Robert Strader on March 28th, 2010
Will Market Improvements Spell Trouble for Existing Home Sellers?
It doesn’t sound like it makes sense, right? How can things get better but spell trouble for home sellers? Or maybe you’re reading this and asking "How can you even say they are getting better?". Before I get into any potential problems, let me start with the point about things getting better. Things are trending ... [Continue Reading]

Luxury Home Builders and Home Buyers in Alpharetta and Milton – The Chicken or the Egg?

By Robert Strader on February 24th, 2010
Luxury Home Builders and Home Buyers in Alpharetta and Milton – The Chicken or the Egg?
I’ve written several posts in the past about builders who are buying up developed lots in Alpharetta, Milton and Cumming out of foreclosure and building homes in the lower price ranges. It makes perfect sense, with the tax credits and persistent demand for new construction among buyers. Home buyers almost always gravitate towards new construction, ... [Continue Reading]

Alpharetta Real Estate for 2010: What will the future hold?

By Robert Strader on December 29th, 2009
Alpharetta Real Estate for 2010: What will the future hold?
It’s a question buyers and sellers ask almost every day, especially in a market like this, but at the end of the year people look forward to that new beginning. For a brief period of time it’s like the slate gets wiped clean on January 1st. Anything is possible and we look for signs of ... [Continue Reading]

Where is the Real Estate market headed?

By Robert Strader on October 26th, 2009
Where is the Real Estate market headed?
It’s hard for homeowners and buyers to know where the market is headed because there are so many conflicting reports out there about what is happening. Depending on where and from whom you get your information things can look like they are improving or getting far worse. Nationally The NAR reportsthat there is a big ... [Continue Reading]

“I’m looking for Foreclosures, I want a deal”

By Robert Strader on October 9th, 2009
“I’m looking for Foreclosures, I want a deal”
Why can’t I find a $250,000 home for about $150,000? I’ve had more than a few people ask me this question lately. There are still a lot of home buyers looking for great deals but they all seem surprised when they aren’t finding many foreclosures out there. Sure if you just search for any foreclosure ... [Continue Reading]
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