Dalton, GA - Local Housing Data - Summary

Change location:

Region

State

City

Dalton, 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.

 
 
 
 
Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.

 
Enlarge

Dalton, GA Local News

New Home Closings Steady in Dalton According to Newest Figures

Posted on: Apr 06, 2014 07:10:31 AM

Closings of new homes in the Dalton, GA market saw no change year-over-year in January, remaining relatively stable after moving north year-over-year in December from the year earlier. New home closings moved from none a year earlier to none after the figure moved from none in December 2012 to 1 in December 2013. Closings remained level at none from a year earlier after the figure moved from none in December 2012 to 1 in December 2013.

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

Other Market Trends

Foreclosures and real estate owned (REO) closings continued to increase in January from a year earlier and remained a drag on the market. Combined, foreclosures plus REO closings represented 65.8% of existing home closings, above 64.8% a year earlier. The percentage of existing home closings involving foreclosures rose to 35.6% in January from 28.7% a year earlier while REO closings as a percentage of existing home closings dropped to 30.1% from 36.1% a year earlier.

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

 
 
 

Change location:

Region

State

City

 
 

Join the Discussion

Please read our Content Guidelines before posting.