METRO ATLANTA

More than 8,400 properties — a record — set for foreclosure sale

The Atlanta Journal-Constitution

Tuesday, January 13, 2009

A record number of metro Atlanta properties are scheduled for foreclosure auctions next month, Equity Depot reported Monday.

In the 13 counties Equity Depot tracks, 8,425 properties are scheduled to be auctioned Feb. 3. The previous high was 7,967 properties from last September.

Your guide to metro Atlanta foreclosures

Fulton County is the leader, with 1,838 troubled properties, followed by Gwinnett and DeKalb counties. Fayette has the fewest foreclosed properties — 128.

Many of the properties will not end up selling because of negotiated agreements and bankruptcy filings.



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