Blairsville Realty
CDPE
Event Calendar
| « Feb |
|
Apr » |
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 7 | 8 | 9 | 10 | 11 | 12 | 13 |
| 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| 21 | 22 | 23 | 24 | 25 | 26 | 27 |
| 28 | 29 | 30 | 31 | EC | ||
Categories
- Blairsville Georgia Real Estate reVIEWS
- Blue Ridge Georgia Real Estate reVIEWS
- Clients reVIEWS
- Ellijay Georgia Real Estate reVIEWS
- Family reVIEWS
- Featured Listing reVIEWS
- Front Porch VIEWS
- Georgia Mountain Cabin Rental reVIEWS
- Georgia Mountain Community reVIEWS
- Georgia Mountain Dining reVIEWS
- Georgia Mountain Golf & Resort reVIEWS
- Georgia Mountain Got-To-Do reVIEWS
- Georgia Mountain Home Buyer's reVIEWS
- Georgia Mountain Home Seller's reVIEWS
- Georgia Mountain Home Tips
- Georgia Mountain Market reVIEWS
- Georgia Mountain Real Estate VIEWS
- Georgia Mountain Shopping reVIEWS
- Georgia Mountain Sightseeing
- Georgia Mountain Slang
- God's VIEWS
- Hiawassee Georgia Real Estate reVIEWS
- Mortgage & Finance reVIEWS
- Outdoor Adventure reVIEWS
- Professional Associate reVIEWS
- Real Estate Made Simple
- Realtor reVIEWS
Resources
Porch Library
Text Me Now
Follow Me
Let’s Be Friends
Join My Email
RE Radio Today
Mortgage Rates
efusjon Energy
Like real estate, it appears that foreclosure activity is a local phenomenon, too.
As reported by RealtyTrac.com, more than half of all foreclosure-related activity in 2009 came from just 4 states:
1. California
2. Florida
3. Arizona
4. Illinois
More than 1.4 million filings made in 2009 are attributed to the above states. Furthermore, each ranks in the Top 10 for 2009 Foreclosures Per Capita.
The other states are Nevada, Utah, Georgia, Idaho, Michigan and Colorado.
Versus 2008, foreclosures are up 21 percent nationwide and that’s a big number, but a deeper look at RealtyTrac’s annual reports reveals a more positive undertone on the housing market.
1. 40 states fell below the national Foreclosures Per Capita average in 2009
2. Foreclosure activity fell on an annual basis in 10 states as compared to 2008
Foreclosures are still prevalent, though, and buying homes in foreclosure in Blairsville, Blue Ridge, and Ellijay Georgia continues to be big business. First-time buyers, move-up buyers, and real estate investors each are bidding aggressively.
Distressed homes account for one-third of home resale activity, according to an industry trade group.
That said, buying foreclosures can be tricky.
First, properties are often sold “as-is” and the cost of repairs may unwind the home’s status as a “value buy”. Furthermore, a lender may require specific fixes to be made prior to closing and that, too, costs money.
Second, buying a foreclosed home in Georgia isn’t as streamlined as buying a “normal” home. Closing on a foreclosure can be a 120-day process or longer. A 4-month time-frame may not fit your schedule.
And, third, finding foreclosures can be difficult. Despite the growth in foreclosure search engines, it still takes a good real estate agent to uncover the best homes at the best prices.
Read the complete foreclosure report and take a peek at RealtyTrac’s foreclosure heat maps. If you like what you see, Contact Me or give me a call at 706.994.8686.
There’s still good deals in the foreclosure market — you just have to know where to find them
Subscribe to Blog Contact Me Search for Homes Daily List Alert
Foreclosure Activity Falls For The 4th Straight Month
Since peaking in July 2009, national foreclosure activity has dropped through 4 consecutive months.
On a month-to-month basis, November’s foreclosure activity fell another 8 percent.
However, national foreclosure activity continues to be dominated by a minority of states.
As reported by RealtyTrac.com, more than half of November’s foreclosure-related activity sourced from just 4 states:
1. California
2. Florida
3. Illinois
4. Michigan
These are the same 4 states that topped October’s foreclosure activity despite three of them posting month-to-month declines last month.
The remaining Top 10 states in terms of total foreclosure activity include Arizona, Texas, Ohio, Georgia, Nevada and New Jersey.
If you’ve been actively looking at REO lately, you’ve likely noticed that true bargains are harder to find. This is because buyers of all types — first-timers, move-ups, and investors — are purchasing bank-owned homes aggressively and getting better at identifying the “best ones”.
Subscribe to Blog Contact Me Search for Homes Daily List Alert
[viddler id=3171b932&w=437&h=288]
Subscribe to Blog Contact Me Search for Homes Daily List Alert
It is so hard for me to believe that another month has come and gone. I guess all that stuff I used to hear from my Mom about how time really flies by as you get older really is true. I want to say it is because I am always having fun!
With another month here, it is time for my monthly North Georgia Real Estate Market Report. I gather all of this information that is made available to me through our Northeast Georgia Board of Realtors MLS services. This information is compiled on the first day of each month from the data of the previous month. This information is deemed reliable, however it is not guaranteed.
Please be sure to look over the report, I think you will find it very informative. If however you find that I have left out any information, or you would like to make a suggestion, please contact me from the information found at the conclusion of this article.
The following graph shows exactly where we are with Active listings here in the North Georgia Mountains. There was not much variation from the number of listings we found in December of 2007.
Subscribe to Blog Contact Me Search for Homes Daily List Alert
Early voting started today for the special election to determine if Liquor-by-the-Drink can be sold in Fannin County 
restaurants. Advanced voting will continue until Friday November the 2nd. According to The News Observer in Friday’s October 26th paper, there has been an increase of over 2000 voters bringing the total number of registered voters to 15,327. I wonder if those new voters are locals or part-timers? I think we all know the answer to that question!
Is Liquor-by-the-Drink the Future of Fannin County? Did Fannin County actually loose 30 Million Dollars to restaurants just down the road in Ellijay within Gilmer County? Did it result in a loss of $875,000 tax dollars for Fannin County?
Subscribe to Blog Contact Me Search for Homes Daily List Alert
; ?>/images/MatoChiclet.gif)
