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Foreclosure Home Sales

The Atlanta Journal Constitution quotes RealtyTrac as stating foreclosure resales represent 23% of all homes sold in our seven county area for the 1st six months of 2010. The counties are: Cherokee, Clayton, Cobb, Dekalb, Forsyth, Fulton and Gwinnett.  The average sale price of these foreclosure homes during this time period was $124,325.00 vs. $123,909 during the firest six months of 2009. The point is: there are many more foreclosures to come. What a great time to make a home purchase.

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