Foreclosures On The Rise In Georgia

ATLANTA (WAOK) – Foreclosures in Georgia are on the rise again. In January the state ranked 4th in the nation with over 12-thousand homeowners receiving default notices.  The number is up 17-percent from December.

Overall,  RealtyTrac’s U.S. Foreclosure Market Report for January 2012 shows a three-percent increase from the previous month.  Such things as default notices, scheduled auctions and bank repossessions hit nearly 211-thousand properties in January.

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