Home   |   News   |   Sports   |   Business   |   Opinion   |   Things to Do   |   Blogs   |   Photos   |   Video


Augusta foreclosure filings drop in September

Thursday, Oct. 11, 2012 12:22 PM
Last updated 2:05 PM
  • Follow Business

Foreclosures in the Augusta metro area dropped 11 percent in September, according to a monthly report by online real estate tracking company RealtyTrac.

There were 283 foreclosures in September for the six-county area, down from 321 the month before. Filings were also lower than the 293 reported in September 2011.

Comments (5) Add comment
ADVISORY: Users are solely responsible for opinions they post here and for following agreed-upon rules of civility. Posts and comments do not reflect the views of this site. Posts and comments are automatically checked for inappropriate language, but readers might find some comments offensive or inaccurate. If you believe a comment violates our rules, click the "Flag as offensive" link below the comment.
Jane18
12332
Points
Jane18 10/11/12 - 12:52 pm
6
1
38 Less Foreclosures...WOWWEE!

Up until about 6 years ago, I did not hear of anyone losing their home to foreclosure. Today, it is as common as bankruptcy, in fact, the same people usually go into bankruptcy. I hold people like Barney Frank and thieving mortgage companies responsible...because of their irresponsibility and greed!! I wish people had used better judgment, but I also understand the desire to wanting a "home".

OpenCurtain
10049
Points
OpenCurtain 10/11/12 - 02:43 pm
4
1
Government needs to stick its nose in it own business.

Federal Banking reg's that demanded Banks make loans to meet demographics quotas, put the housing market on the greased skids. Worse the politicians likely did it just to garner votes to stay in power.

omnomnom
3964
Points
omnomnom 10/11/12 - 02:58 pm
4
1
new predatory lending policies

New predatory lending policies are skewed to offer NO help to lower income homeowners.
Thanks to republicans and democrats I can not refinance my mortgage to get a lower rate.
Apparently you have to have borrowed over $50,000 to even be considered. So much for those who stayed within our means and bought what we could afford.
I was hoping to have a little extra cash every month to continue working on investment properties to help revitalize Harrisburg, but guess I'll just have to wait even longer. And thats ok. Extremely annoying, but ok.

Banks are still pillaging our country and top politicians in both parties are complicit.

crackertroy
540
Points
crackertroy 10/11/12 - 03:23 pm
5
1
These are not positive numbers
Unpublished

These are not positive or encouraging numbers. Aren't we running out of actual houses to foreclose on? Too many are already foreclosured. I don't think the lower number suggests anything about an improving economy. Next month there will be 183 foreclosures and only two home owners left in the area. I would like to see the number compared to home sales in the area.

omnomnom
3964
Points
omnomnom 10/11/12 - 04:35 pm
4
0
thumbs down

i wonder if a banker read all the comments...

OpenCurtain
10049
Points
OpenCurtain 10/12/12 - 08:55 am
0
0
Actual Housing numbers.

To set the record straight on a lot of issues, including the mid 1990's City / county joining.

See: http://www.forecast-chart.com/estate-real-augusta.html

the website lists housing numbers going back to 1982.

Quoting: "For example: Augusta appreciated -3.50% in
the Last Quarter. At that rate, the Augusta Real Estate Market was ranked 358th out of 381 metropolitan areas for Real Estate Appreciation. "

Back to Top

Search Augusta jobs