GEORGIA FORECLOSURES

During May 2012, Georgia had the unfortunate distinction of being number 1 in home foreclosures in U.S., posting the highest foreclosure rate of 1 in 300 housing units.

Traditionally, the highest foreclosure figures have been attained by the sunshine states of California, Nevada, Arizona and Florida.

Nationally, 1 in 639 homes was subject to foreclosure during May 2012.

In the metropolitan Atlanta area, 1 in 224 homes was subject to foreclosure in May 2012.

[RealtyTrac; www.ajc.com; The Atlanta Journal-Constitution, Friday, 6/15/2012]