2018 Georgia Real Estate Market Predictions

Georgia is a rich and beautiful state with a lot to offer. The Georgia housing market boasts some great places to live, like Atlanta. The state’s capital has a median income of over $60,000 a year with a population of 5.8 million. While Atlanta isn’t the only place in the state, it is one of… Continue reading 2018 Georgia Real Estate Market Predictions

2015 Georgia Housing Market Predictions

Forsyth Park, Savannah, Georgia by J. Stephen Conn https://www.flickr.com/photos/jstephenconn/7030894395

According to neighborhoodscout.com home appreciation rates for Georgia real estate have been some of the most stagnant in the country for the last 10 and 25 years. And according to the National Association of Realtors, Georgia is 1 of 10 states not yet caught up with others in the housing recovery. Realtor Howard Flaschen states… Continue reading 2015 Georgia Housing Market Predictions

Foreclosures Rise 18%

The epidemic of foreclosures is rising, according to newly released figures from RealtyTrac, despite a slight slowdown in activity during the month of May. Year over year foreclosures rose 18%. Foreclosure filings, including default notices, scheduled auctions and bank repossessions were reported on 321,480 properties during the month, a decrease of 6% from April. The… Continue reading Foreclosures Rise 18%

Bulk Government Foreclosure Sales Start

By Mike Colpitts The U.S. government is starting to sell-off its massive over-supply of foreclosed homes to investment equity firms at major discounts in a controversial trial program that could result in the future sale of hundreds of thousands of similar homes for pennies on the dollar. The Federal Housing Finance Agency (FHFA) announced the… Continue reading Bulk Government Foreclosure Sales Start

2010 Georgia Housing Market

Home sales are sliding in Georgia and foreclosures are climbing as markets are hampered by high unemployment, despite some of the lowest mortgage rates in history. But the housing market poses the best buyers market in more than a decade for those looking to get into a home. Despite rising home sales prompted by the… Continue reading 2010 Georgia Housing Market

States Rip Off Foreclosure Victims

By Mike Colpitts Almost $1-billion targeted to victims of banking foreclosure fraud is being ripped off from foreclosure victims to be used to pay for other programs for states facing serious financial deficits. The nation’s largest five banks agreed to pay a $25 billion settlement as part of their agreement to settle allegations of illegal… Continue reading States Rip Off Foreclosure Victims

Top 10 Real Estate College Towns

Investors and parents shopping for rentals for college students might realize a sharp increase in rents when students go off to college this fall. Rents on homes and apartments rose an average of 4% in the U.S. in the last year, and higher rents are expected. Realtor.com released its second annual round-up of the top… Continue reading Top 10 Real Estate College Towns

Home Price Appreciation Jumps 2.5% for Year

By Mike Colpitts For the fourth straight month home values have increased in appreciation across the U.S., according to real estate research firm CoreLogic. Prices increased 2.5% in June compared to a year ago in the 100 largest metro areas the company tracks. On a month-over-month basis, including foreclosure and short sales, home price appreciation… Continue reading Home Price Appreciation Jumps 2.5% for Year

5 States Sustain Half of Foreclosures

By Ryan Jackson Nearly half of all foreclosures in the U.S. were in the five hardest hit states in the nation during June, with California, Florida and Michigan sustaining the highest number of failed mortgages, according to real estate research firm CoreLogic. Texas and Georgia also suffered major losses in terms of foreclosed properties. Combined,… Continue reading 5 States Sustain Half of Foreclosures