Foreclosures up in Northeast Georgia

Posted by
Staff Writer
in Winder Archives
Friday, September 3. 2010
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Two years of recession and a collapsed real estate market have led to foreclosures in Northeast Georgia continuing to rise at a fast pace.

For the first nine months of 2010, foreclosures in Barrow, Jackson, Madison and Banks counties are running ahead of 2009 at the same point.

In neighboring Jackson County, foreclosures are up 10 percent year-to-date at 1,162, up 109 over 1,053 at the same point last year.

In Barrow County, foreclosures are up 11 percent at 1,769 YTD. Banks County has seen 223 so far in 2010, up 16 percent, while Madison County has had 337 for the first nine months, up 19 percent from 2009.
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