Georgia 6th-Worst in November Foreclosures

Press release from the issuing company

Friday, December 17th, 2010

The Peach State’s foreclosure woes continued into November, RealtyTrac data shows.

Georgia ranked sixth-worst in the nation with 14,423 foreclosures in November, or one for every 279 households, according to RealtyTrac. This marked a 49.2 percent increase over November 2009, but a 2.88 percent decrease over October 2010.

Foreclosures are defined as default notices, scheduled auctions and bank repossessions.

Read more: Atlanta Business Chronicle