Foreclosure countywide problem
HAMILTON COUNTY, TN. (WRCB)-- While Brainerd and East Chattanooga are two parts of Hamilton County hit hard by home foreclosures, Ooltewah, East Brainerd, Hixson, East Ridge and Soddy-Daisy are hurting as well, according to figures for the first eight months of the year.
"No area is insulated from this problem," said Jason Farmer of Re/Max Renaissance Realtors in Chattanooga.
Foreclosure actions happen after homeowners default on their mortgages. And that's a problem affecting people in many income brackets, said Blane Andrews of Chattanooga Neighborhood Enterprise.
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