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» VISIT US ONLINE @ DSNEWS.COM 87 30, 2014, represented approximately one-fifth of the nation's completed foreclosures during that same period (575,000), according to CoreLogic. e 575,000 completed foreclo- sures nationwide for the 12-month period was the lowest total in seven years. Florida had the second-highest serious delinquency rate (percentage of mortgages that are 90 days or more overdue or are in foreclosure) for November 2014 with 8.1 percent. New Jersey had the highest serious delinquency rate for the month with 8.9 per- cent. e national average for the month was 4 percent, representing a 22.8 percent year- over-year decline and the lowest percentage since June 2008. In the category of foreclosure inventory as a percentage of all mortgages, Florida was once again near the top in November 2014 despite experiencing a 3.2 percent year- over-year decline. About 3.9 percent of all residential homes with a mortgage were in some state of foreclosure in Florida during the month, which ranked third among states. New Jersey (5.3 percent) and New York (4.1 percent) topped the list at first and second, re- spectively. e national average for the month was 1.5 percent, which was down from the 2.2 percent that was reported in November 2013. year-over-year in each of the top five states. North Dakota was once again the state with the lowest mortgage delinquency rate for December, at 2.38 percent. e second through fifth lowest delinquency rates in De- cember, respectively, were in South Dakota (3.54 percent), Alaska (3.56 percent), Colorado (3.58 percent), and Montana (3.83 percent). Mississippi also had the nation's highest serious delinquency rate (90 days or more overdue or in foreclosure) for December with 5.3 percent of mortgages in the state in serious delinquency, a slight decline from the 5.39 percent the state reported for Novem- ber. Mississippi's serious delinquency rate declined by 2.04 percent year-over-year in December. e state's December serious delinquency rate was still well below its peak of 9.9 percent, reported in in December 2005. Mississippi's low for serious delinquency rate was 2.74 percent, achieved in March 2005. IN THE NEWS Mississippi Again Has Highest Delinquent Mortgage Rate Just as it did in November, Mississippi led all states with the highest percentage of non-current mortgages and serious delin- quent mortgages in December, according to data released recently as part of Black Knight Financial Services' December 2014 "First Look" at mortgage data. Mississippi's percentage of non-current mortgages, which are those 30 days or more overdue or in foreclosure, was 14.18 percent— a decline from the 14.88 percent the state re- ported for November. e national mortgage delinquency rate declined by 7 percent to 5.6 percent in December after experiencing its biggest increase in six years a month earlier. e non-current mortgage percentage dropped by 8.3 percent year-over-year in the Magnolia State in December. Mississippi's non-current rate of 14.18 percent in December was still way below the state's peak of 22.85 percent, attained in October 2005. Just seven months earlier, in March 2005, Mississippi's non-current mortgage rate fell to its low of 9.6 percent. New Jersey retained the second-highest non-current mortgage rate in December, 11.9 percent, despite experiencing a decline from 12.41 percent the previous month and an 18 percent drop year-over-year. Louisiana was third in December, as it had been in November, with 11.06 percent. New York and Rhode Island retained their fourth and fifth spots in December, which they held in November with delinquency rates of 10.39 and 10.16 percent, respectively. e delinquency rate declined both month-over-month and Georgia RANK: 35 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2014 2.78% 0.89% 6.9 YEAR AGO 3.33% 1.31% 7.4 YEAR-OVER-YEAR CHANGE -16.7% -32.0% -0.5 Top County SEMINOLE COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 3.82% 2.52% YEAR AGO 2.80% 1.52% YEAR-OVER-YEAR CHANGE 36.7% 65.1% Top Core-Based Statistical Area THOMASTON, GA 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 6.34% 2.44% YEAR AGO 4.91% 2.34% YEAR-OVER-YEAR CHANGE 29.0% 4.3% 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 November 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary November 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 Kentucky RANK: 24 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2014 2.17% 1.44% 5.7 YEAR AGO 2.40% 1.92% 7.9 YEAR-OVER-YEAR CHANGE -9.3% -25.0% -2.2 Top County JOHNSON COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 4.79% 4.76% YEAR AGO 4.60% 3.58% YEAR-OVER-YEAR CHANGE 4.2% 32.8% Top Core-Based Statistical Area MOUNT STERLING, KY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 3.31% 3.11% YEAR AGO 4.06% 3.87% YEAR-OVER-YEAR CHANGE -18.5% -19.8% 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 November 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary November 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. In Georgia, 47.3 percent of investors who bought properties at live auctions in January 2015 said they intended to flip them, compared to 51.9 percent who said they intended to rent them out, according to Auction.com. KNOW THIS

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