www.ajc.com
Front page of AJC today.. Foreclosures up 99% in Georgia....
see attached photo of people gathered on courthouse steps..
Georgia, it is thought, is a leading indicator on direction of foreclosures nationwide, because its laws are so incredibly lender friendly (ie. lenders can foreclose within 37 days of a default as opposed to drawn out processes in many other states)
robertsondaviesrobertsondaviesBeach Fanatic500 postsJoined View profileMessageBeach Fanatic
1,685 views
Replies
3JellyfishJellyfishBeach LoverAtlanta89 postsJoined View profileMessageBeach Lover
NY Times articles on "Real" price shrinkage rates
http://www.nytimes.com/2006/12/06/b...l=1&adxnnlx=1165438523-EaeTLEwmm1CRlj04vuk/gA
http://www.nytimes.com/2006/12/06/b...l=1&adxnnlx=1165438523-EaeTLEwmm1CRlj04vuk/gA
SHELLYSHELLYSoWal Insider5,763 postsJoined View profileMessageSoWal Insider
SHELLYSoWal Insider5,763 postsJoined View profileMessageSoWal Insider
.
Edited
spinDrAtlspinDrAtlBeach Fanatic367 postsJoined View profileMessageBeach Fanatic
There was a quote in that article from someone at Consumer Credit Counseling, I think. Basically, this person said that, incredible as it may sound, they receive calls such as 'Hi, I am at the courthouse. My house is next. Can you help me?'. :shock:
Checking your forum account
Please wait while we verify your forum account.