Georgia Foreclosures Rise 63% in March 2008 | 11,047 New Foreclosure Filings

What, even more Atlanta foreclosures? Just when you thought it was safe to go back in the water!  Not so fast!   GA foreclosure filings seem to be breaking new ground a lot lately!  In January the new filings was around 7000, in February Georgia hit  10,700, and in March the new numbers just came out and the new number is 11,047 new foreclosure filings (notices, auction sale notices and bank repossessions) according to RealtyTrac's March Foreclosure Report.  Georgia is 4th highest in the number of foreclosures and the 6th highest in foreclosure rates. According to RealtyTrac that represents 1 filing out of every 361 households! New Foreclosure filings represents a 44.8 percent jump from Feb 2008 and a 63.2 percent YTD increase over March 2007.  Atlanta foreclosures  are a great opportunity to purchase Atlanta real estate at a great price!