22 Percent Metro Atlanta Homes Have Lost Value
The Atlanta Journal Constitution reports, “Despite continued, if modest, recovery of the overall housing market, more than 22 percent of metro Atlanta homes have lost value during the past year, according to a study.” The area averaged 20.6% value losses before the housing collapse and reached 90% during the collapse.
“Atlanta is actually doing very well,” said Svenja Gudell, chief economist for Zillow, the Seattle-based research firm that carried out the analysis. “But we’re still seeing a number of homes losing value. The reality is there are still areas lagging behind in the recovery.”
“Overall, the median price in the region was up 5.7 percent, she said.
“Nationally, nearly 28 percent of homes lost value, while the media value edged up 3.3 percent during the year, according to Zillow.”
The market has come a long way back. Some of you are up from where you bought your house. Some have gone from underwater to breakeven. Some of you have big gains.
Here is something to consider: maybe it’s time to take something off the table. Maybe, you have been waiting for an increase in housing prices to sell your house to downsize, move to a larger house, or retire to someplace with a hammock..
We buy “as is” houses for cash. You don’t need an inspector to go through your house, telling you what items to fix before you can sell. You don’t have to reduce your sale price by the cost of the repairs pointed out by the inspector. There are no realtor commissions of 5 to 6% to pay out of your proceeds. In fact, there are no fees whatsoever. There are no open houses to live through and no fears that something goes wrong when it’s time to close and you lose the buyer.
When we say you can sell your house now, we are usually talking 30 to 45 days, though in some cases we have closed in a week. That means you could be out before winter officially starts, basking in some warm tropical sunshine.
How does it work? We know your neighborhood and the house prices. We do a walk-through of your house, note any deficiencies, and figure out what it will cost to fix those items and what price we could sell the refurbished house. We calculate the profit we need on our investment and offer you a price. We will explain how we arrived at our offer to you and answer any questions you might have. Then it’s up to you to accept our offer or go the traditional selling route. One call, no obligation.
Isn’t that what you want?
Val Buys Houses LLC we specialize in helping homeowners out of just about any situation, no matter what! There are no fees, upfront costs, commissions, or anything else. Just the simple honest truth about your home, we buy for cash, therefore we can help you sell it fast to resolve any situation, or give you as much time as you need.
Give us a call today at 404-844-8845 and let us see if we can help YOU!