Atlanta Short Sales 
Atlanta real estate blog focusing on short sales in the North Atlanta housing market including Marietta, Kennesaw, Acworth, Buckhead, Sandy Springs, Dunwoody, Roswell, and Vinings.
There are currently 2 blog entries related to this category.
Cobb County Sales Statistics for April 2010
Wednesday, June 9th, 2010 at 8:24pm. 293 Views, 0 Comments.
Go to this link to watch the YouTube Video:
http://www.youtube.com/user/burgerrealty
Transcribed from YouTube Video on Cobb County Real Estate
In April 2010 there were 640 home sales in Cobb County. You may be asking what has taken me so long since we’re currently in June. However, if I wait just a little bit longer the statistics are usually more accurate. So I’m certain 640 sales is fairly. Out of those 640 Cobb home sales, 175 were foreclosures. Contrast that data to April 2009 where there were 464 sales at average price of $213,944. April 2010 posted a sales volume gain gain of about 15% and the average home sale $228,097. A 7% increase in sales price occurred between this year & last year in April.
Now let’s take a look at the 175…
Streamlined Short Sale Processes on the Way
Wednesday, December 2nd, 2009 at 5:35am. 737 Views, 0 Comments.
Treasury Outlines New Guidelines to Streamline Short Sales
Short sales have long been problematic for buyers and sellers alike due to the lack of urgency by banks to work out contracts in a timely manner. We've all heard the horror stories about buyers waiting three to six months or more before hearing from the bank on whether their offer was accepted or not.
According to the National Mortgage Bankers
Association, more than 9.1% of Georgia mortgage borrowers are 60 or more days
late on their mortgage payment.
In 2010, short sales are predicted to be a larger portion of the marketplace in the Metro Atlanta region. Some experts estimate that 40% of home sales in 2010 will be "shorts."
Short sales are seen as beneficial for 3 primary…