The Decline of Foreclosure Properties in Athens is a Sign of Positive Growth

Looking to buy or sell a home in Athens, Georgia? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price  Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (706) 612-1094 for a FREE home buying or selling consultation to answer any of your real estate questions.

Update on Foreclosure Properties in Athens

If you live in Athens, you might be watching the market and trying to find a good foreclosure property to purchase. In this short video I will give you an update as to what is happening with foreclosure properties in our local real estate market here in Athens.

• In 2011 there were 1,035 foreclosures that sold in the Athens MLS.
• In 2012 there were 980 foreclosure properties being sold.
• 2013 saw only 602 foreclosure properties sold, which is around a 40% decrease from 2011.
• In the first quarter of 2013, there were 168 foreclosure properties being sold here in Athens.
• In the first quarter of this year, that number dropped to 110.

You can see that the number of foreclosures in Athens is decreasing as the market rebounds. We have seen much more new construction this year, and that is a sign of further improvement.

If you're thinking about buying a foreclosure property there are still some out there, and we know where to find them. We have marketing in place to catch motivated sellers that just want to get out quickly. You have the chance to buy these properties before they even hit the market.

Please feel free to contact me if you're looking for a foreclosure to buy. Also, don't hesitate to ask me about Athens real estate if you are looking to buy or sell other properties. I am always willing to meet with you and discuss your individual needs.