Foreclosures up for February but still near 14-year low

Foreclosure filings for this month in metro Atlanta were up 14 percent from January, but were still the lowest number for any February since 2001.

ExploreCHART: Metro foreclosures near 2001 levels

According to a report provided to the Journal-Constitution by Kennesaw-based Equity Depot, 1,933 foreclosure notices were filed for homeowners in the region during the filing period at the start of February.

The worst February was 2011, when there were 10,848 filings. That was an increase of more than 600 percent from a decade earlier.

This month’s total is down 82 percent since that peak month.

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Michael Kanell

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