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Mitch Messer's profile image
Mitch Messer's profile image
Mitch Messer
  • Lender
  • from Playa del Carmen, México
  • Member since Jan 22, 2014

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Mitch Messer's profile image
Mitch Messer's profile image
Mitch Messer
  • Lender
  • from Playa del Carmen, México
  • Member since Jan 22, 2014
Mitch Messer
  • Lender
  • Playa del Carmen, México
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Atlanta Real Estate Forum

Metro-Atlanta Foreclosures Up 50% Year-over-Year!!

Mitch Messer
  • Lender
  • Playa del Carmen, México
Posted

https://www.attomdata.com/news/market-trends/u-s-foreclosure-activity-down-24-percent-in-august-2019-14th-consecutive-month-over-month-decline/

Ignore their very misleading headline and take a close look at paragraphs 4 and 5.

That looks like gathering storm clouds to me...

Proceed with caution.

Atlanta, Georgia
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Matthew Nicklin's profile image
Matthew Nicklin's profile image
Matthew Nicklin
  • Real Estate Agent
  • from Woodstock, GA
  • Member since May 3, 2018

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Matthew Nicklin's profile image
Matthew Nicklin's profile image
Matthew Nicklin
  • Real Estate Agent
  • from Woodstock, GA
  • Member since May 3, 2018
Matthew Nicklin
  • Real Estate Agent
  • Woodstock, GA
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Matthew Nicklin
  • Real Estate Agent
  • Woodstock, GA
Replied

So I was actually just reading this same exact article. Does this match up with what you all are seeing? I have been monitoring Notice of Defaults in Cobb and Cherokee County for awhile. I haven't really seen this drastic up tick in those counties. Please also note this is talking about foreclosure starts meaning a notice of default has been issued but may not result in an actual foreclosure on the court house steps.

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