Alpharetta topped Forbes magazine’s list of “America’s 25 Best Places to Move” back in 2009, a testament to the city’s thriving economy and excellent quality of life. Just around an hour’s drive north of downtown Atlanta and minutes away from Lake Lanier and the mountains of North Georgia, Alpharetta also enjoys an ideal location. Despite its winning features and general affluence, however, the city hasn’t found itself to be recession-proof, as indicated by the recent rise in number of foreclosures in Alpharetta.
Still, despite the unprecedented increase in foreclosures in Alpharetta, the city remains one of the region’s fastest-growing communities and continues to attract attention from relocating businesses and families both. For savvy investors and homebuyers, in fact, Alpharetta foreclosures are a more affordable way to get into the Alpharetta real estate market.
Foreclosures in Alpharetta GA
Whether you’re in search of an investment property to add to your portfolio or you’re a first-time homebuyer looking for a bargain, it’s more than possible to find what you’re looking for in the market for foreclosures in Alpharetta. Foreclosures here run the gamut from luxurious, custom-built five to six-bedroom homes to condos, townhomes and duplexes.
Are you thinking of investing in foreclosures in Alpharetta or other Atlanta area foreclosures & REO properties? For more in-depth information on the various submarkets in the Metro Atlanta area, please don’t hesitate to get in touch with Michael Brock anytime. He looks forward to answering whatever questions you have about the region’s REO market.