Marietta foreclosed homes are still in demand among many interested home buyers. There are signs of recovery in the real estate market of Georgia and the market of this city is also coming out of recession.
There are numerous homes for sale available in the city of Marietta and the number of the foreclosed properties is also quite positive. In fact, Marietta is among those cities, which are bouncing back positively from the impact of recession and providing several excellent opportunities for the buyers and investors.
You can understand the positive growth of Marietta real estate market from the following facts. According to a report published by authentic source, the average selling price of a home in Marietta was $255,900 in 2009.
However, in 2008, the price of homes for was $288,600 on an average, which means there was a drop of 11.3% in 2009. However, the present average price for properties in the city is more than $347,250, which is quite impressive. It implies that the prospects of buying homes or investing in the properties of Marietta can provide you a profitable deal.
Like many other parts of the nation, the effect of recession on Georgia real estate was comparatively less. There is a good sign of fast recovery in several key centers of Georgia, like the Cobb County. Therefore, the prospects of purchasing homes and investing in real estate have increased in Marietta. Buyers are finding this market more attractive with low rate of interest, low tax credits and low prices.
Moreover, the investment opportunities in the market of metropolitan Atlanta area and Marietta homes for sale is big. The price value of the properties available in this market is one of the major factors that drive the home buyers.
Homes for sale in Marietta or neighboring Kennesaw are quite less in comparison to the other large cities of the nation. The price of the properties can be up to the millions, but the average price is around $350,000.
The average age of these properties is fifteen years, which makes them suitable for purchase. The relationship of value and price of the homes for sale is fabulous in the city. Moreover, the income average of individuals matches well with the averages of the nation, and hence the city makes a suitable location to call home.
Why buying Marietta foreclosed homes or other real estate properties is a good choice? The location is absolutely fantastic as it is among the largest suburban areas in the Atlanta metro area.
From the location of Atlanta city limits, Marietta is based within 15 miles distance. It provides the residents with easy access to various recreational facilities along with other essentials such as schools, parks, medical facilities, entertainment centers and a lot more.
The city is a preferred location to buy homes among the first time buyers along with the young professionals and families. Some of the available varieties of Marietta real estate properties include single family homes, condos, town homes, lofts, etc.