Could it be good news for Country Walk?

My survey of the today's market in Country Walk shows 25 home home listings including 6 pending sales.  However, 5 of the 6 are foreclsoure or "short sale" listings and only one is a traditional retail sale.  Of the 19 homes remaining only 3 are are noted as any kind of foreclosure or short sale.  In my opinion, getting the cheap foreclosure homes off the market will help stabilize values and help the sales of traditional, non foreclosure homes.  

Over all values have still declined for all homes but homes in very good condition are still (slowly) selling at prices about the same as 2003 or 2005.  Since we did not have a big run up in values this represents a decline of about 5-10% from the peak values 2 years ago.

Please click on the link(s) below to view property information or Country Walk.
 

       Buyer Full Page (includes pending sales)
 

The link will expire in 30 days on 4/30/2009.

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Country Walk is a fantastic, active, swim/tennis neighborhood located in the heart of Powder Springs, Ga.

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Bob Southard, e-Pro, Realtor ®, Solid Source Realty, Inc. Buy a home, Sell a home, in Powder Springs, Marietta, Kennesaw, Acworth, Dallas, Hiram,and Cobb, Paulding, Douglas, North Fulton, South Cherokee, County, Ga. Call me for all of your real estate needs.

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770-656-9134

Copyright © 2008 By Bob Southard, All Rights Reserved

 

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