Foreclosures continue downward trend in Coweta

by Sarah Fay Campbell

There are a mere 57 foreclosure-related advertisements in today's legal section of The Newnan Times-Herald.

That's a number not seen since at least 2005. Current records only go back through 2006. The lowest number of foreclosures since 2006 was 60 in April 2006.

A portion of the Ashley Park shopping center in Newnan is listed in today's foreclosures. The extensive legal description describes property along Newnan Crossing Bypass, with multiple easements for utilities excepted, as well as rights-of-way. A call to the attorney listed in the advertisement, asking for clarification of the actual portions of the Ashley Lark property to be foreclosed upon, was not returned by Wednesday afternoon.

Other commercial properties listed are a 10-acre tract owned by RSC Contracting along U.S. Hwy. 16 East, which was also listed last month, and an office on Bullsboro Drive owned by Mark Vandine.

Foreclosure numbers have been on a downward trend for most of the past 12 months, except for upticks in February and March. Since August, numbers have dropped below 100. The numbers went up slightly from August to September, but were still below 100 and well below the totals of the last several years.

For the year to date, there have been 1,193 foreclosure-related advertisements in The Newnan Times-Herald. Some of those are repeats. If the trend continues, this year is on track to be the lowest since 2006. In 2007, there were 1,256.



More Local

Looking back

Katrina brought outpouring of generosity from Cowetans

It was Labor Day weekend 2005. I was walking through downtown Newnan, as I usually do sometime that weekend, looking at the bargains being o ... Read More


Lots of Labor Day Weekend events in Coweta

There’s a full calendar of Coweta events for Labor Day weekend. There won’t be a Powers’ Crossroads festival this year &nd ... Read More


Turin celebrates 125 years

The town of Turin, located in eastern Coweta County, celebrated its 125th birthday Saturday with many of the town’s residents, family ... Read More


city council

Municipal qualifying starts Monday

Qualifying for municipal races starts Monday. City Council seats in Newnan, Senoia, Moreland, Turin, Sharpsburg and Haralson are up for elec ... Read More


NTH Turns 150

Open house, magazine to mark milestone

Birthdays are fun! The Newnan Times-Herald is celebrating its 150th birthday soon. The first issue of The Newnan Herald was read by Cowetans ... Read More

First artist-in-residence arrives on Tuesday

Scottish painter Peter Tudhope arrives in Newnan on Tuesday – the first artist-in-residence to use the live-in studio space at Gray Co ... Read More