Home Foreclosure Rates Drop to 15 Year Low

Home foreclosure rates in Georgia and around the country dropped to a 15 year low in 2019, according to recent reports. The number of foreclosures due to unpaid home mortgages have fallen over 80 percent since their peak in 2010. Real estate market experts credit a stronger economy and more robust housing market for the drop in property repossessions.

It's a great time to buy a new home or refinance a home mortgage loan in the Atlanta area! Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net.