Foreclosure Sales to Help Values
(AJC) — Lenders foreclosed on nearly 99,000 properties in eight metro Atlanta counties through November of this year, a toxic tidal wave swamping home values in a region that went from ceaseless boom to endless gloom in a few years. A crash in housing led the nation into the Great Recession, and a recovery in housing will help to lead it back out. But is the market recovering? The numbers and the experts say: Not yet. And perhaps not soon.
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