Foreclosures down in DeKalb

DeKalb County, which had the third worst foreclosure rate in Georgia during the economic downturn, is seeing improvement in its housing market.

The county had 113 foreclosures in July, a 62 percent drop from a year ago, according to RealtyTrac Inc.

The high number of foreclosures depressed home values countywide, cutting the tax revenue DeKalb relies on for most county services. Values appeared to stabilize this year, after several years of declines. The county has yet to issue its revenue projections for 2014.