Bankruptcy

Foreclosures Hit Record High In Metro Atlanta

By Scott Riddle

From the Atlanta Journal Constitution -

A record number of metro Atlanta properties are scheduled to be auctioned on the courthouse steps next month, according to numbers released Tuesday by Equity Depot, an Alpharetta company that tallies foreclosures. ...

In the 13-county metro area, 7,335 properties are scheduled for courthouse auctions, Equity Depot said. The previous record was 6,992 properties reported in January.

The numbers declined in February and March, then shot up again this month. The difference between March and April was 1,650 properties, according to Equity Depot.
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Full post as published by Georgia Bankruptcy Blog on April 16, 2008 (boomark / email).