Fulton County, GA Foreclosure Data
Understanding the Foreclosure Market in Fulton, GA
Fulton County, Georgia is located in the north-central Georgia foothills of the Appalachian Mountains. Its mild climate creates beautiful forests that make it a great place to live or visit. Covering some 528.7 square miles, it stretches over 70 miles from one end to the other.
North Fulton County includes cities such as John’s Creek, Sandy Springs, Alpharetta, Roswell, Mountain Park, and Milton. In the southern part of the county, suburban cities such as East Point, Fairburn, Hapeville, Palmetto, and College Park. In between these two areas is the city of Atlanta. In total, Fulton County, Georgia has a population of 1,063,937 people.
In terms of foreclosure data, Fulton County’s foreclosures can be found in legal notices of the Fulton County Daily Report, but for investors in other parts of the country, the best real estate data can be found through ATTOM’s property data insights.
Map data ©2021 Google, INEGI
Information About Foreclosures in Fulton County, GA
In Fulton County, Georgia, the average household income is $80,013 and home prices are on the rise. In fact, the price of homes in the area has increased by nearly 14% over the past few years, and demand is also on the rise. Most homes stay on the market for an average of 20 days, and thousands of homes are sold each year in the county.
To invest in foreclosed properties in Fulton County, there are a few important insights to keep in mind. Let’s take a look at what experts recommend investors consider before investing in foreclosures in the county.
- Understand Market ValuesA few things to look at in the area to make a data-driven decision include market values. How many foreclosed homes are for sale in the market? Why is the home being repossessed? Is it because of a negative housing market trend? Without proper knowledge of the market, you may find yourself on the losing end of an investment decision.
Market value is affected by local laws, crime rates, and proximity to schools, so be sure to investigate these aspects as well when factoring in the long-term value of the property.
- Don’t Ignore PaymentsOnce you have purchased the property, be sure to not overlook payments on the mortgage. This seems like common sense, but some investors overlook their payments leading to foreclosure on their own loan. Stay organized and on top of your payments to ensure that you can maintain the property.
- Have An Exit StrategyRegardless of what type of investment you’re interested in, having an exit strategy is critical. Understanding how to get out of the investment if and when market experiences start to turn downwards is very important to maintaining the value of your investment. This is part of the reason that studying housing market insights is so crucial for investors.
Get Access To The Latest Foreclosure Data for Fulton County, GA
For the most up-to-date information about the state of foreclosures in Fulton County, Georgia, reach out to get ATTOM’s real estate data insights. You can secure a complete report of the county’s existing foreclosures upon request.