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CoreLogic: Atlanta Foreclosure Inventory Down 30%

by Peter Thomas Ricci

Atlanta’s foreclosure inventory continues to improve, according to the latest research by CoreLogic.

corelogic-national-foreclosure-report-december-2013-serious-delinquencies-foreclosures-housing-recovery

Atlanta’s foreclosure marketplace continued to barrel on through the path to recovery at the end of 2013, according to CoreLogic’s latest National Foreclosure Report.

In Dec. 2013, just 1.4 percent of Atlanta’s mortgaged properties were in foreclosure; not only is that below the national average, but it’s also down 0.6 percentage points (or 30 percent) from 12 months ago, and the area’s 20,584 completed foreclosures in that same time span were good for the best in the nation.

Still, 5.3 percent of mortgaged properties were in serious delinquency, so we’re not quite out of the woods yet.

Interested in how Atlanta’s numbers compare with the rest of the nation? Take a look at our infographic below for an idea:

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