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Atlanta Foreclosure Inventory Down Double-Digits

by Peter Thomas Ricci

New data from CoreLogic drives home just how much progress our housing markets have made in clearing out their foreclosure inventory

The last 12 months have been highly encouraging ones for Atlanta’s housing market, according to the latest Foreclosure Report from data firm CoreLogic.

From Sept. 2013 through Sept. 2014, CoreLogic reported, Atlanta’s foreclosure inventory fell from 1.6 percent of all homes to just 0.9 percent, a decline of 1.6 percentage points (or 43 percent!). Additionally, there were 16,291 foreclosures completed in that timeframe (among the best in the nation), and the serious delinquency rate is below the national average at 4.1 percent (compared to 4.2 percent).

For a more detailed look at how Atlanta compares with other metro areas, take a look at our graph below:

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