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» VISIT US ONLINE @ DSNEWS.COM 133 the Sunshine State still led all states in both categories during the month, according to CoreLogic's October 2014 National Foreclo- sure Report. Florida's foreclosure inventory, meaning properties that were in any stage of foreclo- sure, represented 4.1 percent of all mortgages in the state during October, according to CoreLogic. is was a year-over-year decline of 3 full percentage points but was still way above the national average of 1.6 percent for October. Florida's serious delinquency rate, meaning the percentage of mortgages that were 90 or more days overdue, was at the highest among states in October at 8.4 percent—exactly double the national rate of 4.2 percent, CoreLogic reported. e nearly 118,000 completed foreclosures for the 12-month period ending on October 31, 2014, in Florida was also the highest total among states for the month by more than double—Michigan was second with 45,000, according to CoreLogic. Florida's completed foreclosures accounted for 21 percent of the approximately 561,000 foreclosure comple- tions in the U.S. for the 12-month period, according to CoreLogic. Two of the three metropolitan areas in the U.S. with the highest number of completed foreclosures for the 12-month period ending in October were located in Florida, according to CoreLogic. e Tampa-St. Petersburg- Clearwater metro area was first with 18,485 foreclosure completions in the 12 months, followed by Atlanta-Sandy Springs-Roswell with 16,341, and Orlando-Kissimmee- Sanford was third with 15,507. e number of foreclosure completions declined year-over- year in Tampa and Orlando by 2.9 percentage points and 3.3 percentage points in October, respectively. Tampa still had the highest serious delinquency rate of any metro area in the nation, at 9.4 percent, while Orlando was second with 8.1 percent. Florida Posts Highest REO Total Maryland may have overtaken Florida for the nation's highest foreclosure rate of any state in October, but Florida still led all states by far in bank repossessions (REOs) for the month, according to RealtyTrac's Octo- ber 2014 U.S. Foreclosure Market Report released. In all, lenders repossessed 4,905 properties in the Sunshine State in October, which was more than 2,000 ahead of second-place Cali- fornia (2,701), according to RealtyTrac. Ohio was third with 2,057, followed by Illinois (1,620), Maryland (1,602), Georgia (1,416), Michigan (1,223), Pennsylvania (1,189), and Arizona (1,011). ose were the only states with more than 1,000 REOs for October, according to RealtyTrac. e number of REOs in Florida in Octo- ber, while still most of any state in the nation by plenty, actually declined by 13 percent from September (5,628) and by 31 percent from October 2013 (7,130), according to RealtyTrac. Foreclosure activity overall in Florida fell by 2.19 percent month-over-month and 24.9 percent year-over-year in October, RealtyTrac reported. For Florida, October signaled the end of 12 consecutive months with the nation's high- est foreclosure rate. Maryland moved into first place with one in every 400, meaning 0.25 percent of homes in the Old Line State were in foreclosure in October, according to RealtyTrac. Florida was second with one in 444, or 0.23 percent. Florida totaled 20,236 foreclosure fil- ings for October, the most in the nation. California, which has nearly 5 million more residential housing units than Florida does (13.6 million compared to 8.9 million), had almost 6,000 fewer foreclosure filings than Florida with 14,994, according to RealtyTrac. Florida's 8.9 million residential housing units were second among states only to California; New York was third with 8.1 million. Even with Florida slipping to second place among states for the highest foreclosure rate, the four metropolitan areas (with a popula- tion of more than 200,000) with the highest foreclosure rate were all in Florida, accord- ing to RealtyTrac. Miami was first with one foreclosure filing for every 363 housing units, followed by Orlando (1:394), Tampa (1:395), and Jacksonville (1:433). Foreclosure activity declined year-over-year in all of these metro areas in October: Miami saw a 27-percent drop, Orlando saw a 13-percent decline, Tampa posted a 23-percent decrease, and Jacksonville foreclosure activity dropped by 37 percent from October 2013. Georgia RANK: 34 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate SEPTEMBER 2014 2.71% 0.91% 7.2 YEAR AGO 3.27% 1.39% 7.6 YEAR-OVER-YEAR CHANGE -17.1% -34.3% -0.4 Top County EARLY COUNTY 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 1.67% 2.72% YEAR AGO 1.63% 1.31% YEAR-OVER-YEAR CHANGE 2.5% 107.1% Top Core-Based Statistical Area THOMASTON, GA 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 4.72% 2.18% YEAR AGO 4.71% 2.15% YEAR-OVER-YEAR CHANGE 0.3% 1.6% 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 September 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary September 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Georgia Marc Oppenheimer Associate Broker, CDPE / BPOR Serving REO Since 1987 5920 Roswell Rd Suite B-118 Atlanta,Ga. 30328 Phone: (770) 668-0063 Cell: (678) 296-6550 oppy@atlantareo.com www.atlantareo.com Eight of the top 10 metro areas with the nation's highest foreclosure rate in November were located in Florida, which had the highest foreclosure rate among states for the month, according to RealtyTrac. KNOW THIS Georgia's rank among states for highest foreclosure rate in November after experiencing month-over-month and year-over- year declines of 12.3 percent and 6.3 percent, respectively. Source: RealtyTrac STAT INSIGHT 11th

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