Georgia Leads the Way in Home Foreclosures

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00016633-georgia-leads-the-way-in-home-foreclosure/

The number of home foreclosures has spiked in the first quarter of 2006, with the Peach State leading the way, according to a story running in the Atlanta Journal-Constitution.

Factors ranging from high unemployment rates to high interest rates, to aggressive loan packages that ultimately hurt the consumer have been cited as possible reasons for the spike.

You can read more about this story at Georgia Leads the Way in Home Foreclosures.