Georgia – No Plans To Help Homeowners

The National Mortgage Settlement has been finalized and the $2.5 billion dollar bank payout is being allocated among the 49 participating states. But among those states that were hardest hit by the foreclosure crisis, only Georgia has no plans to allocate any of their $99 million dollar share of the settlement to help homeowners who are struggling to avoid foreclosure.

S & P / Case-Schiller 4th Qtr 2011… Atlanta GA Weakest Housing Market

According to the Standard and Poors / Case-Schiller 4th Quarter 2011 Index of U.S. housing prices, 19 of the 20 markets in the 20 city composite index showed a continuing downward trend in housing prices. Atlanta, GA was the weakest housing market in the U.S. with a change of -11.7% during this same period.

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