Friday, September 11, 2009
In September, nearly 10,000 foreclosed residential homes in 13 counties in Atlanta region will be auctioned under court supervision. The number of residential properties to be auctioned off this month is the third highest in the history of Atlanta metro area. In August, the highest number of foreclosure filings happened in Gwinnett County with a total of 2,120. Fulton County had 1,929 filings; DeKalb County posted 1,571; Cobb County had 1,107 filings and Clayton County posted 785.
With one in 49 homeowners in Atlanta area notified with delinquency or foreclosure in the first half of this year, the foreclosure rate of the area increased by nearly 11 percent from the rate in the previous quarter of July to December 2008 and nearly 11.5 percent from the rate in the same 6-month period in 2008
With one in 49 homeowners in Atlanta area notified with delinquency or foreclosure in the first half of this year, the foreclosure rate of the area increased by nearly 11 percent from the rate in the previous quarter of July to December 2008 and nearly 11.5 percent from the rate in the same 6-month period in 2008
