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Foreclosures in Barrow & Jackson Counties rose in September. Barrow County topped 205 for the month of September making it the third highest month ever. Year to date in Barrow County, there's been 1,595 foreclosure actions. Cities like Winder are noticing the inventory increase.
In Jackson County, the new monthly record is now set at 150 for September. Total foreclosures for the year in Jackson is up to 1,053, already more than all of last year.
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Photos ©2009 Anne Rains Photography, All Rights Reserved.
If you are in the market to buy or sell your home in the Bethlehem or Dacula area, I would be happy to assist you! My passion is helping people find their dream home and stepping them through this exciting journey. I serve the Walton, Barrow and Gwinnett county areas. Call or text me today! 404.357.2231
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The FDIC appointed a receiver of the First Piedmont Bank in Winder Georgia today. This makes the 15 banks failure in Georgia since 2008. We also had major bank failures here in GA in 2007 with the failure of NetBank in September 28, 2007 that makes 16 bank failures here in less that two years. At the time NetBank failed, it was considered the 4th largest bank failure in US history. Georgia has the highest bank failure rate in the nation to date in this economic crisis that seems far from over. According to FDIC announcement, First Piedmont Bank of Winder, GA will have its assets assumed by First American Bank and Trust of Athens GA.
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