Strategies For A Changing Real Estate Market on May 15th at Atlanta REIA North

Posted on May 13, 2013 by

Gordon Catts & Steve BrownThe real estate market in the Atlanta Metro Area has changed dramatically in the last 6 months. It has gone from a buyer’s market to a seller’s market due to the inventory shortage.

  • Hedge Funds are stepping all over each other purchasing foreclosures and are running up the prices.
  • The “courthouse gang” is now being routinely out bid by kids with cell phones and iPads who are receiving their bidding instructions from people we never see, who are sitting in front of multiple computer screens hundreds or thousands of miles away from the fray.
  • Listed REO’s are often selling well above the list price. When a new listing hits the market, within 24 hours there are multiple offers and the house is put under contract.

With all this excitement going on, it’s the perfect time to get together and examine other possible investment strategies and that is exactly what we are going to do at our next Atlanta REIA North Meeting. Please join us on Wednesday, May 15th at 6:30 PM at 1960 Skylar Hill Dr, Suite D, in Buford, GA where Gordon Catts will be joined by Steve Brown to discuss this important topic. Together Steve and Gordon bring decades of valuable insight to this topic. Bring your questions, concerns, answers and insights for discussion with the group. Atlanta REIA Members can attend for FREE and non-members can attend this month only for FREE as well.

Taco MacAfter the conclusion of the Atlanta REIA North Meeting (after 9:30 PM), we will be reconvening at the Mall of Georgia located at 3250 Woodward Crossing Blvd in Buford, GA for the “Meeting after the Meeting”. We may arrive late if the Atlanta REIA Meeting runs late. So please come eat, drink, network and have fun with us as hang out late into the night!

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