12 Metro ZIP Codes Among Hardest Hit in 2011
While greater Atlanta’s housing market is improving overall, with year-to-date sales up and a gradual decrease in inventory, the market sectors hardest hit by predatory lending practices remain deeply impacted. Of the 100 U.S. ZIP codes hardest hit by foreclosures in 2011, 12 of them are in metro Atlanta. On this morning’s CBS Atlanta News broadcast, Harry Norman managing broker Shea Zimmerman addresses the issue.
In related news, Georgia’s shadow inventory is less than the U.S. average, according to this morning’s KCM Blog.
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