Foreclosures Down In Metro Atlanta

June 12, 2012 12:00 AM
Foreclosures Down In Metro Atlanta
" ATLANTA (AP/WAOK)-Over the first half of 2012, foreclosure notices have dropped in metro Atlanta.  Figures released by Kennesaw-based Equity Depot show notices from January through June are down 12.4 percent compared to this same period a year ago.

According to AJC Sunday business editor Henry Unger, the numbers are still high compared to pre-recession days.

Unger said, “We are at 49,423 notices, so if that repeats itself over the next six months, that’s right at 100,000 foreclosure notices.  In normal times, we were dealing with around 50,000, so we’re still double what’s normal.”

Gwinnett County leads among core metro counties with 1532 notices in June, followed by Fulton (1254) and DeKalb County (1158). "

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