Thu., December 6, 2012 5:02pm
Georgia led the nation in foreclosures during the three months that ended Sept. 30. That’s according to data released Thursday by RealtyTrac, which monitors defaults. Experts say many Georgians lose their homes as they try unsuccessfully to re-negotiate their mortgages.
Thu., June 14, 2012 3:48pm
Georgia is now first among states in foreclosures. The online service RealtyTrac says, the state leaped into the top spot in May with about one-in-six-hundred homes in foreclosure. Atlanta is second among metro areas only to Riverside, California. Tom Merkel of the non-profit housing consultancy The Impact Group says, the data comes as banks step up efforts this year to collect on unpaid mortgages.
Thu., June 7, 2012 4:30pm
Research firm CoreLogic reported this week that Georgia home prices fell another 5.6 percent in April compared to a year ago. Some analysts say new Fannie Mae and Freddie Mac rules for short sales could help stabilize Georgia’s housing market, where prices have fallen 36 percent in the last six years.
Thu., May 31, 2012 10:01am
Sales of foreclosed homes accounted for nearly half of all home sales in Georgia during the first three months of the year. That’s according to a report that found foreclosures are on the rise following a moratorium last year.
Thu., May 17, 2012 7:05am
In Georgia, bank repossessions, auctions and default notices jumped 22 percent from April 2011. And the state still has the fifth highest foreclosure rate in the nation.
Thu., April 12, 2012 10:00am
For the first quarter this year, Georgia had more than 34,000 foreclosure filings. That means one in every 119 homes in the state has a filing now. Both numbers are in the top 10 in the nation.
Thu., September 15, 2011 2:56pm
Georgia now ranks fourth in the nation for home foreclosures, rising two percent in August. But over the past year, there's been a downward trend in Georgia foreclosures. New numbers from RealtyTrac show Georgia had more than 11,000 foreclosure filings in August. Most came in metro Atlanta counties.