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

Gray found guilty of rape

Guilty was the verdict reached in the sleepwalking rape trial of Benjamin Gray. After three hours after beginning their deliberation, the ju ... Read More


Sexsomnia or rape? Verdict in jury’s hands

Closing arguments in the sleepwalking rape trial of Benjamin Gray concluded Friday. Coweta County Assistant District Attorney Herb Cranford ... Read More


118 Newnan High students tested for TB

More than a hundred tuberculosis exposure tests were administered at Newnan High School on Friday, as earlier in the week a NHS student was ... Read More


Senoia man arrested after fleeing from officer

A Senoia area man was arrested Tuesday and taken to the Coweta County Jail after allegedly leading a Coweta County sheriff's deputy on a hig ... Read More


UPDATE

Wreck victim in fair condition

James Hand, who was injured in a motor vehicle crash Thursday morning, was listed in fair condition Friday at Atlanta Medical Center. Hand w ... Read More

Prescribed burn smokes out Lake Redwine

A large fire that brought days of smoke and acrid smells to the Lake Redwine area was a prescribed burn that was done in accordance with cur ... Read More