Foreclosures dropping in metro Atlanta

Foreclosures in metro Atlanta dropped in March year-over-year, according to a real-estate analysis firm.

California's CoreLogic said in a Tuesday report the rate of foreclosures was 2.69 percent, down from 3.07 percent in March 2011.

The national foreclosure rate last March was 3.41 percent.

The rate of loan holders who were delinquent 90 or more days also dropped. CoreLogic data says 8.73 percent of mortgage loans were delinquent compared to 9.39 percent for the same period in March 2011.

--Christopher Quinn

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