Our fine metro area continued to make progress through its foreclosure inventory in 2013, according to new analysis.
Foreclosure inventory in Atlanta area is down a whopping 38 percent year-over-year through January, according to the latest National Foreclosure Report from data firm CoreLogic.
Other notable findings from the report included:
- Foreclosure inventory in Atlanta is now just 1.3 percent of mortgaged properties, down from 2.1 percent a year ago.
- There were 20,502 completed foreclosures in the 12-month period ending in January; that was the most among the metro areas tracked by CoreLogic.
- Finally, the area’s serious delinquency rate remains relatively high at 5.2 percent.
How does the rest of the nation compare with our local progress? See our graphic below to find out: