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Georgia 4th in foreclosure filings last year including these in Midtown

Check out these foreclosed properties in Midtown along with news that better than 40 percent of all residential properties with a mortgage in the metro area were in negative equity in the third quarter of last year.

Here are some recent Midtown foreclosures from Aol Real Estate:

1587 Steele Drive NW Atlanta, GA 30309

  • $314,900 Foreclosure Price Reduced
  • 2 Bed, 1 Bath 1,307 Sq Ft
  • Single Family Home
  • Brokered By: KELLER WMS RE ATL MIDTOWN

1116 Piedmont Avenue NE Atlanta, GA 30309

  • $289,900 Foreclosure
  • 3 Bed, 3 Bath 1,492 Sq Ft 1 Units
  • Condo/Townhome/Row Home/Co-Op
  • Brokered By: KELLER WMS RE ATL MIDTOWN

275 13th Street #601 Atlanta, GA 30309

  • $189,900 Foreclosure
  • 2 Bed, 2 Bath 1,125 Sq Ft
  • Condo/Townhome/Row Home/Co-Op
  • Brokered By: Era Atlantic Realty

244 13th Street NE Atlanta, GA 30309

  • $174,900 Foreclosure Price Reduced
  • 2 Bed, 2 Bath 1,168 Sq Ft
  • Condo/Townhome/Row Home/Co-Op
  • Brokered By: KELLER WMS RE ATL MIDTOWN

272 14th St Atlanta, GA 30309

  • $99,000 Foreclosure
  • 1 Bed, 1 Bath 792 Sq Ft
  • Single Family Home
  • Brokered By: CRYE-LEIKE, REALTORS

885 Glendale Terrace NE Atlanta, GA 30309

  • $64,900 Foreclosure
  • 1 Bed, 1 Bath 760 Sq Ft 1 Units
  • Condo/Townhome/Row Home/Co-Op
  • Brokered By: KELLER WMS RE ATL MIDTOWN

On Thursday, RealtyTrac released its Year-End 2012 U.S. Foreclosure Market Report with Georgia finishing 2012 with the nation’s fourth-highest foreclosure rate.

Nationally last year, there were 2,304,941 foreclosure filings — default notices, scheduled auctions and bank repossessions, which is down 3 percent from 2011 and 36 percent from 2010 when there were 2.9 million property foreclosure filings.

Florida had the highest state foreclosure rate last year with one in 32 (3.11 percent) housing units filing for foreclosure. Next were Nevada, Arizona, and Georgia with a foreclosure rate of one in 39 (2.6 percent). That figure is down 4.2 percent from the previous year and down 19 percent from 2010.

Georgia had 105,610 foreclosure filings in the most recent calendar year.

Also Thursday, CoreLogic reported that better than 40 percent of all residential properties with a mortgage in the metro area were in negative equity in the third quarter of last year.

Read more here how negative equity decreased nationally in Q3 2012.

How strong or weak is your confidence in the Midtown and Atlanta housing market? Let us know in the comment section below.

John Henderson January 18, 2013 at 10:25 PM
Its ironic you use a picture of my neighbors forclosure. They own another unit in the building,a house in the moutains, a house at the beach, two luxury vehicles and just washed their hands of the responsibilty on this property. No accountability !

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