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Marietta Real Estate

Marietta Real Estate

Marietta is one of the three largest cities in the state of Georgia; it is often deemed c the largest suburban area in the state. Marietta is located in Cobb County, Georgia. Even with its swelling population, Marietta has not gone unscathed from the recent real estate collapse; the city has seen a steady decrease in real estate values/

The decrease in Marietta real estate value is a mere side effect of the economic downturn that crippled the United States and global economy. The Marietta Real Estate market felt the sting of housing foreclosures, and a disproportionate amount of houses being foreclosed and put back out on the market, to houses that are being sold.

The range Marietta Real Estate is working with, in the area of prospective buyers is surfacing around $189,000 to $204,000 which is a significantly smaller bracket of pricing that previously accounted for. However, there have been signs of a promising upturn coming around next year regarding Marietta Real Estate; this is because there has been a larger amount of interest being shown towards Marietta Real Estate and job creation.

Overall, like any other area of Georgia and subsequently around the nation, there is still a long way to go before housing markets pick back up and the ratio of buyers and sellers breaks even. Furthermore, there is a necessity for the restoration of credit availability, in order for housing purchases to occur.

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