Albany, GA - Local Housing Data - Summary

Change location:

Region

State

City

Albany, GA

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

 
 
 
 
No Data Available

for this chart. Please check back later.

 

Albany, GA Local News

Newest Numbers For Albany Show New Home Closings Increase

Posted on: Apr 06, 2014 07:00:32 AM

New home closings moved from none a year earlier to 3 after the figure moved from 2 in December 2012 to 4 in December 2013.

After rising year-over-year in December, closings of new and existing homes fell year-over-year in January.

Other Market Trends

Foreclosures and real estate owned (REO) closings continued to rise in January from a year earlier and remained a burden on the market. Foreclosures and REO closings, taken together, accounted for 51.7% of existing home closings, higher than 45.2% a year earlier. The percentage of existing home closings involving foreclosures rose to 33.3% in January from 20.6% a year earlier while REO closings as a percentage of existing home closings dropped to 18.4% from 24.6% a year earlier.

Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in the Albany, GA area.

 
 
 

Change location:

Region

State

City

 
 

Join the Discussion

Please read our Content Guidelines before posting.