Georgia Foreclosures
Wednesday, May 16th, 2007Georgia Foreclosures appear on the rise. The number of April foreclosed homes in Georgia increased 5.64% from March; a 38.85% rise above April 2006. Georgia ranked 6th in April for total number of foreclosures in the nation. Currently the state experiences 1 foreclosure filing for every 433 homes.
The foreclosure market in the United States is up 62% from last year. For every 1 foreclosed home there are 783 households. While the current state of America’s real estate market tells a sad story for victims of foreclosures, opportunities for real estate investing are on the rise. Foreclosure Fetcher provides useful services for foreclosure flippers looking to turn a profit from buying distressed property, pre-foreclosed homes, hud homes, and foreclosed homes.