Foreclosed 30310 Homes on the Auction Block

More often than not, our zip code is in the news for the wrong reasons.

This time around, we’re featured in the AJC for our unusually high foreclosure rate.  30310 is offering up 26 homes for auction this evening.

Regarding potential buyers, the article quotes West End real estate blogger Nia Knowles–

“My fear is we’re going to have the same issue we had before.  I don’t want to be stuck with houses that aren’t properly managed by some investor who just flew in.”

If you live, say, outside of 30310 and read the papers, I wouldn’t blame you if you thought that the state of affairs in West End was pretty grim.

After all, we’ve been plagued by mortgage fraud, more than most communities.  Last November one dude pleaded guilty to mortgage fraud charges that affected 80 different properties, most of them in West End.

Thing is, I really like working in this neighborhood.  The people here are great, and the houses (that haven’t been foreclosed upon) are beautiful.  I walk from the Marta station most days.

And, significantly, there’s a sense of community here that many neighborhoods will never have.

While it’s a shame that bad press like this can fuel skewed perceptions, at least there’s the potential for new neighbors to purchase an intown house for a steal.

Previously:

• West End Tour of Homes Concert
• West End Tour of Homes Photo Gallery
• 30310 Foreclosures Continue
• Wren’s Nest Staff Recommends West End Restaurants