Buckhead Foreclosures Report
Posted by Ben Hirsh on Saturday, February 19th, 2011 at 7:41am.During 2010, 90 of the homes sold in Buckhead were bank-owned foreclosures. Foreclosures truly have become a significant portion of the Buckhead real estate market during the past 24 months. In fact, they represented 10.9% of the 825 homes sold in Buckhead last year.
To put the health of our real estate market into perspective though, many communities around the country have seen the percentage of foreclosure sales top 50%. This is a testament to the stability of the Buckhead market.
Today, we have 28 Buckhead Foreclosures listed on our website. These homes range in price from $292,000 to $2.7 Million. One of these homes has become our Buckhead Home Of The Day due to it's special architectural details.
Home prices are at record affordability levels, and while interest rates have started a steady rise, they are still near record lows. Now may be your once-in-a-lifetime opportunity to snag your dream home at record low prices. Contact me today and we can get started.
Below are some of my favorite bank-owned Buckhead listings:
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