Business
Business

Foreclosures dropping in metro Atlanta

By Christopher Quinn
May 29, 2012

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

About the Author

Christopher Quinn is a writer and editor who has worked for The Atlanta Journal-Constitution since 1999. He writes stories on Veterans Affairs, business including high-tech growth in metro Atlanta, Georgia's $72 billion farm economy, and he oversees assigning and editing news obituaries.

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