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Georgia Georgia rank: 31 90+ Day Delinquency Rate Foreclosure Rate June 2013 3.4% Unemployment Rate 1.7% Marc Oppenheimer Associate Broker, CDPE / BPOR Serving REO Since 1987 8.6% year ago 4.1% 2.6% 9.1% 1854 Independence Square, Suite D Atlanta, GA 30338 Phone: (770) 668-0063 Cell: (678) 296-6550 oppy@atlantareo.com www.atlantareo.com year-over-year change -18.3% -33.4% -5.5% Top County Wilkinson CounTy 90+ Day Delinquency Rate Foreclosure Rate June 2013 6.6% 4.2% year ago 4.7% 2.9% year-over-year change 39.7% IN THE NEWS 47.6% Top Core-Based statistical Area ThomAsTon, GA 90+ Day Delinquency Rate Foreclosure Rate June 2013 4.9% 3.0% year ago 6.0% 3.2% year-over-year change -17.8% -7.0% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the June 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary June 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. Georgia REO REO ONE STOP As a REO Management company we help clients to solve complex problems. We enhance their ability to manage risk and improve performance. • Consistent & transparent in valuations practices • Efficient in maintaining assets through closing • Reliable turnaround times Michele Calloway Acre Group 1942 Beaver Ruin Road, Suite B Norcross, GA 30071 678.310.3222 phone 404.424.3298 cell 404.806.5127 fax acregroupusa@gmail.com www.acregroupusa.com • Continual property condition reporting • Producing highest market value Serving Coastal Georgia Counties: Glynn, Camden, McIntosh, Charlton and Brantley COUNTIES SERVED: Gwinnett, Dekalb, North Fulton SERVICES: Loss Mitigation Services, Preforeclosure Services/Analysis, Property Management, Valuation Services AFFILIATIONS: NAR, NAREB, AREAA, NAHREP, Short Sale Network, United Developers Council of Nareb 118 Ronnie Perry Realty 3144 Cypress Mill Road Brunswick, GA 31525 Office: 912-267-0006 www.RonniePerry.com Prices, Sales, and New Listing Rise in Georgia The housing market in Georgia remained in recovery mode in July, with home prices and sales on the upswing, data from Georgia Realtors showed. The median sales price for a home in Georgia spiked 37.9 percent year-over-year to $160,000. Sellers, on average, received 95.6 percent of their original list price after closing a deal. At the same time, the number of closed transactions inched up by 1.1 percent over the 12 months ending in July, and pending home sales surged 20.9 percent. Although inventory remained low, new listings increased. The number of available homes for sale in the state dropped to 38,585, down 19.1 percent from last year. Months' supply stood at 5.3 months compared to 6.6 months in July 2012. On the upside, new listings jumped 7.9 percent during the same time period. In July, homes were taken off the market in about 71 days, down from 90 days a year earlier. Balance for Seriously Delinquent Mortgages Hits 5-Year Low The total balance for seriously delinquent first mortgages decreased to a five-year low as rising home prices reduced incentives to default, Equifax stated in its National Consumer Credit Trends Report. In June, the balance of loans 90 days or more past due or in foreclosure fell to $325 bil-