Savannah area sees drop in foreclosure rate
Foreclosure rates in metro Savannah decreased for the month of September over the same period last year, according to newly released data from CoreLogic, a real estate information reporting firm.
The CoreLogic data indicate the rate of Savannah area foreclosures among outstanding mortgage loans was 0.71 percent for the month of September, a decrease of 0.38 percentage points compared to September of 2013 when the rate was 1.09 percent.
Foreclosure activity in Savannah was lower than the national foreclosure rate, which was 1.60 percent for September.
Also in Savannah, the mortgage delinquency rate decreased. According to CoreLogic data for September 2014, 4.13 percent of mortgage loans were 90 days or more delinquent compared to 4.80 percent for the same period last year, representing a decrease of 0.67 percentage points.
Savannah has been listed as number seven on a list of “North American Top Cities” generated by Condé Nast Traveler’s Readers’ Choice Awards. It moved up two spots from number nine in 2013.
“I think I speak for everyone in Savannah by saying how extremely proud we are to continue to be acknowledged as one of the top ten visitor destinations in North America. To be regularly recognized in this way by the readers of one of the leading travel publications in the world is a compliment that our entire community can take great pride in,” said Joseph Marinelli, Visit Savannah president.
Savannah has made the list eight years in a row.
According to Condé Nast Traveler, cities are judged based on a standard five-point scale: excellent, very good, good, fair and poor. Cities are judged according to rankings attributed to arts/culture, friendliness, scenery/sights, restaurants/food, accommodations, shopping and value.
Savannah Jaycees to feature Mayor Jackson
Mayor Edna Jackson will be the final speaker in the Savannah Jaycees’ 2014 Leadership NOW lecture series on Tuesday at the Jaycees office, 101 Atlas St.
Open networking begins at 5:30 p.m., and the program will run from 6-7 p.m.
Leadership NOW is a lecture series focused on leadership, management and professional skills.
“We began this lecture series to provide an opportunity for young professionals to learn skills that they can apply to their work life, family life, and volunteer life. Our community is filled with leaders who are more than willing to give us advice and the key to their success,” said Jaycees president Sarah Westberry.
Professionals between 21 and 40 are invited to attend the meeting.
For more information, go to savannahjaycees.com/
