Metro Atlanta, Gerogia Real Estate Market, North Georgia, REO Sales

Georgia ranks 8th out of all 50 states in Foreclosures.

The average amount of time, in years, it takes a home to double in value is 10 years.

There has been a 14% increase in foreclosures from the first quarter to the second quarter of 2008 throughout the Uniter States.

The age for the typical First -Time homebuyer is 34 with a median income of $58,000.

60% of the average homeowner's WEALTH COMES FROM THEIR HOME'S EQUITY

$171,000 is the average net worth of a homeowner...almost 46 times that of a renter, who averages a net worth of only $4,800.

There are some wonderful deals out there....and there is money to get....you just need to do your homework. If I can help anyone....just contact me I am here to be of service to you.  Have a great week.

Posted by Mark Kimball on October 10th, 2008 9:12 AM
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