Foreclosures down in Atlanta

The burst of the housing bubble – nearly nine years ago in Atlanta — caused unprecedented distress in the real estate market. Though the improvement has not been evenly spread through the region, the level of pain has continued to ebb.

A report from California-based CoreLogic released this morning, showed Atlanta’s foreclosure rate dipping from 0.85 percent a year ago to 0.62 percent in February.

Unlike the first years of the housing crisis, the foreclosure rate now has dipped lower than the national average, which was 1.13 percent, CoreLogic reported.

The mortgage delinquency rate for Atlanta has also fallen.

According to CoreLogic, 3.07 percent of mortgage loans in metro Atlanta were 90 days or more delinquent compared with 3.84 percent for the same period last year.

About the Author

Michael Kanell

Live airport security wait times and today’s trends

The AJC gathers real-time wait-time data from Hartsfield-Jackson Atlanta International Airport to show what security lines look like right now.

Microsoft’s newest AI ‘superfactory’ opens at sprawling Fayetteville campus

One of the largest data center campuses under construction in Georgia has its first operational tenant, and it’s one of the most recognizable names in technology.

In the market for a luxury vehicle? You might reconsider Lincoln.

The definition of “luxury” has shifted. It’s no longer just a softer ride with more chrome and gadgets; the real battle now is over experience. Lincoln is leaning in.

The Latest

Credit: TNS

In the market for a luxury vehicle? You might reconsider Lincoln.

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

Featured

Credit: Miguel Martinez

‘Worst nightmares come true.’ Atlanta confronts shift in homelessness funding.

Trump’s overhaul threatens permanent housing for an estimated 600 Atlanta households and 170,000 people nationwide, advocates warn.

Microsoft’s newest AI ‘superfactory’ opens at sprawling Fayetteville campus

One of the largest data center campuses under construction in Georgia has its first operational tenant, and it’s one of the most recognizable names in technology.

Atlanta officials quietly rebrand city’s DEI office

The city of Atlanta office overseeing diversity, equity and inclusion is getting a rebrand amid assaults at the federal level on such initiatives.