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Equity Depot LLC
P.O. Box 440474
Equity Depot is a private company based in Kennesaw, GA. The company was created and is managed by investors who have broad experience and knowledge in the real estate investor market. We like to say that our product was "built by investors for investors"...
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(56 Total References)
Consumer Advocacy News and Events â€“ NACA
But many foreclosures in metro Atlanta are on mortgages made in 2006 that hadn't even reset for the first time, said Barry Bramlett, a vice president at Equity Depot, who has compiled foreclosure data for 20 years.
Barry Bramlett, president of ...
Barry Bramlett, president of Equity Depot LLC, which compiles real estate data in Georgia, compared the steady decline in foreclosures to an army that on each successive day of a battle loses fewer soldiers.
"You start out with a large number of soldiers and on the first day of battle a large number are lost.
The next day there are fewer soldiers to lose so fewer are lost, and so on and so on," he
said none of those numbers is likely to move higher while a huge glut of housing inventory remains.
"Nothing is going to change while there's that glut," he
"Until that changes I don't see anything driving any prices upward."
But jobs are the key.
High unemployment bleeds across all sectors of the economy and has impacted housing in particular.
: "There is no mobility right now, people aren't moving for jobs.
"The economic effect on [hotels and ...
"The economic effect on [hotels and motels], gas stations, truck stops, etcetera is very evident," said Equity Depot President Barry Bramlett.
Barry Bramlett, president ...
Barry Bramlett, president and chief executive officer of Atlanta-based Equity Depot, which tracks foreclosures, said the buy-and-hold strategy, along with homeowners who want to sell but can't because values have not risen high enough to make it worth their while, has left the Atlanta market languishing.
"It looks like a dead market right now," Bramlett
The jump in foreclosure notices is ...
The jump in foreclosure notices is likely the result of a fifth week in March for lenders to advertise, said Barry Bramlett, president and CEO of Equity Depot.