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CoreLogic: Negative Equity in Atlanta Decreases 18%

by Peter Thomas Ricci

The nation’s negative equity situation remains inflated, but progress has definitely been made.

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Though negative equity remains high in Atlanta, it has made quite a bit of progress in the last year, according to the latest Equity Report from CoreLogic.

In the third quarter of 2013, CoreLogic found, 20 percent of mortgage properties in Atlanta were in negative equity. That’s still the sixth highest in the nation, but is down from 38.1 percent in 2012’s fourth quarter.

But how does our local market compare with the rest of the nation? See our graphic below to find out:

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