Georgia is no stranger to the foreclosure problems of late, however the most recent rankings reports show that things are getting worse. In May of this year, Georgia shot to the top of foreclosure filings.  Georgia was #8 in 2010, #5 in 2011, #3 earlier this year and now has eclipsed the pack to come in at #1. Arizona, Florida and California have all held this notorious position in recent times.

Unemployment doesn’t help–as its up to almost 9% again for the state. County governments and schools are cutting staff and services. Loss of jobs=loss of ability to pay mortgages. Adding insult to injury, the money delegated to the state for foreclosure fraud settlement has been re-purposed by Governor Nathan Deal to attract and coax new industries to bring business to the state of Georgia. The Atlanta movers have learned a few statistics pertaining to the current state of our state:

Fulton County had 1,609 foreclosure filings in May

Gwinett Country had 1,481

Dekalb had 1,303

Cobb had 850

In better times, the average foreclosure for all 10 counties of the Atlanta metro totaled around 1700.