The Archives
-
08.13.09Georgia ranks 7th in foreclosuresFrom the Atlanta Business Chronicle: For the third straight month, Georgia had the seventh-highest foreclosure rate in America, according to RealtyTrac’s July 2009 U.S. Foreclosure Market Report released on Thursday. The report said Georgia had 11,136 foreclosure filings -- default notices, auction sale notices and bank repossessions -- in July. This was up 10.7 percent from July 2008, but down 20.6 percent from June 2009 (when it also ranked seventh). One in every 356 households in Georgia was served a foreclosure notice in July. That the foreclosure rate is down over 20 percent from last month is certainly encouraging news indeed. 7, originally uploaded ...
-
05.13.09Georgia ranks 7th in foreclosuresFrom the AJC: New figures released Wednesday put Georgia seventh nationally in the number of home foreclosures in April. The report from Irvine, Calif.-based RealtyTrac Inc. said 11,521 homes in Georgia received foreclosure notices in April, an increase of 21.68 percent over April 2008. The numbers bring Georgia’s 2009 total to 44,979. Fulton County led the way in April foreclosures with 1,846, followed by Gwinnett with 1,417, DeKalb with 1,081, Cobb with 693, Clayton, 595 and Henry, 534. Nationwide, the number of U.S. households faced with losing their homes to foreclosure jumped 32 percent in April compared with the same month last year, with ...