Georgia was 10th among the states last month for foreclosure filings with 11,274. Those included default notices, scheduled foreclosure auctions and bank repossessions. This number was down 13.1 percent from the previous month. But the light at the end of the tunnel is most definitely not in sight yet. Here’s why:
That said, I do note that 95,264 laid-off workers filed initial claims for unemployment insurance benefits in January, a decrease of 5,632, or 5.6 percent, from 100,896 in December. Hardly a sustainable recovery at this point…more that the bleeding may be slowing to a very limited degree.