Home Buying in Alpharetta>Question Details

Abbiemalone, Home Buyer in Alpharetta, GA

Why higher inventory of regular and distressed properties in area around Lake Winward, Old Miton compared to the crabapple/milton area.?

Asked by Abbiemalone, Alpharetta, GA Thu Sep 6, 2012

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If you look at the trends on distressed properties and foreclosures, they really are pretty equal, but on any given day, the inventory may be skewed one way or the other. The lenders are releasing the REOs over time as the new strategy is not to flood the market. The distressed properties are such individual cases, since Alpharetta is one of the healthiest markets in Atlanta (which has been hit very hard in the last 4 years).

Also, the crabapple area still has more undeveloped property...the east side of Hwy 400 has been more developed, while the west side has a lot of farms and estate sized properties. Also the side streets and retail were earlier to develop, overall, on the east side. It doesn't make one area better than the other, just different and you will probably find that you'll be more attracted to one side or the other.

Katherine L. Morrison, Realtor
Broker/Owner
Team Realty Group
404-697-4626 direct
kathy@chipandkathy.com
0 votes Thank Flag Link Fri Sep 7, 2012
Hi Abbie,

To better analyze the state of inventory in these areas. you may want to narrow your search down to price range, attached/detached property, etc.

In general, Milton/Crabapple area is a lower density area compare to Old Milton/Lake Windward.

I will be happy to run more resize analysis for you. Feel free to call or email me at your convenience.

Regards,
0 votes Thank Flag Link Thu Sep 6, 2012
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