I did a quick of some public records for home sales and foreclosure numbers for Cobb County, Georgia.
First I searched FMLS for all property types sold during the month of June, since this would be the most recenth month with complete numbers.
Total number of properties found: 752 That is the number sold including homes, condos, land, and commercial properties, etc.
Then I searched the Marietta Daily Journal - www.MDJonline.com for the current foreclosure ads. Cobb County Legal Notices
Thats right .... 752 sales and 762 foreclosure ads. Now some of those won't foreclose and also there were sales that were not part of FMLS. None the less the numbers are startling and scary.
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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, Smyrna, Dallas, Hiram,and Cobb, Paulding, Douglas, North Fulton, South Cherokee, County, Ga. Call me for all of your real estate needs. Visit my website
Call me for all of your Real Estate needs 770-656-9134 Copyright © 2008 By Bob Southard, All Rights Reserved
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The numbers are scary, I was looking the other day because I have a house for rent off Atlanta Rd in Smyrna, I may have to lower the normal rent to get it occupied......
great comparative and yes, it is a bit scary. thanks for the post