REO Homes in Buckhead Atlanta
The following REO homes in Buckhead Atlanta are currently for sale. An REO property is a house that the bank took ownership of through the foreclosure process. If the property is worth less than the first mortgage on the house, which is very common these days, generally the mortgagor, during foreclosure proceedings, will bid the loan balance on the courthouse steps and take ownership of the home. There are opportunities to get a good deal on a foreclosure in Buckhead, but don’t assume they are all competitively priced. Please feel free to contact me if you have any questions...
Read MoreBuckhead Foreclosures for September 18, 2011
The following Buckhead homes for sale are the current foreclosures, bank owned and REO properties in Buckhead. Please feel free to contact me if you have any questions about any of the Atlanta for sale. Showing properties 1 - 8 of 8. See more Buckhead Foreclosures. (all data current as of 5/23/2012) $324,900 : 3306 Pine Meadow Road NW, Atlanta 3 beds, 2 full baths Home size: 1,774 sq ft Year built: 1958 Parking spots: 2 Square foot source: Tax...
Read MoreJuly 2010 Buckhead Home Inventory
I thought this was an interesting chart of the months of inventory trend, for Buckhead (FMLS Area 21), over the last 5 years. 17 months of inventory is still fairly high, compared to 2005 and 2006, but it’s down significantly from the highs of the market crash in late 2008 and early 2009. Overall, it looks like a decent trend. As I’ve defined in previous posts, “months of home inventory” analysis can be a useful tool in understanding the state of the market. It incorporates actual inventory levels and the sales absorption...
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