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Wednesday, June 13, 2007

GA foreclosures 7th in nation

Georgia ranks 7th in the nation in foreclosures. The national foreclosure tracking website RealtyTrac.com says one in every 396 Georgia households filed for foreclosure in May. That’s up 44% from May of last year. Nationwide, RealtyTrac says foreclosures are up 90% from last May. The website says foreclosure rates could continue to climb through the year.

GPB News Team: