FOR IMMEDIATE RELEASE
PRLog (Press Release) – Atlanta, Georgia) – Ransom Enterprizes, LLC an Atlanta company reveals an inside look into metro Atlanta’s foreclosure crisis. Displaying a live video tour released via YouTube about which areas in Metro Atlanta, Georgia have the highest foreclosures and how foreclosures are impacting Atlanta communities.
According to Kyle Ransom, President of Ransom Enterprizes, LLC Metro Atlanta’s foreclosure crisis ground zero is The West End Historic District (http://www.nps.gov/nr/travel/atlanta/whd.htm). Revealing lenders have zoned The West End Historic District area as high risk and refuse to loan money in this area.
The Mortgage Bankers Association released a report in March of 2008 announcing that the State of Georgia foreclosure rate was ranked as 23rd in the nation. Equity Deport, tracked 13 metro Atlanta counties and presented that metro Atlanta’s foreclosure rate increased by 45%, compared to 2007.
In February of 2008, RealtyTrac ranked Georgia in the top 10 for foreclosure filings and foreclosure rate. Revealing Georgia had a total of 7,631 foreclosure filings, default notices, auction sale notices, and bank repossessions.
To view Ransom Enterprizes, LLC video via YouTube go here:
http://www.youtube.com/watch?v=JNIEPyQMVSM
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Kyle Ransom is the president of Ransom Enterprizes, LLC. He has been actively working in the Metro Atlanta Georgia's real estate industry for over 10 years. Ransom professional credits include real estate mortgage broker, investor, and developer. He speaks to public audiences about real estate trends and practices.
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