Atlanta foreclosure investing is viable both in the residential and commercial sectors because of continued foreclosures that have been lowering price levels. Residential foreclosures grew to 2.8 percent of all households in January while commercial foreclosures continued to spread to all kinds of buildings.
The rising numbers of federal homes are helping push up REO totals in Atlanta and in other large cities. Nationwide, the total of FHA, Fannie and Freddie REO homes has shot up to a total of 209,500 units.
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