As the market continues to crawl toward improvement the number of foreclosures is steadily decreasing. For the third consecutive quarter the number of Georgia foreclosures has spiraled downward. According to RealtyTrac the number of filings in the first quarter was just over 20,000 statewide. While this may still seem like a staggering number it is in fact down 44% from a year prior and 17% from the 4th quarter of 2012.
The Peach State still ranks 5th in the nation among active foreclosures. While we still have a long road to recovery this can be seen as yet another sign that things are moving in the right direction
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