Atlanta foreclosures finally dropped in March year-over-year according to CoreLogic of California. The rate of foreclosures was 2.69%, down from 3.07% in March 2011. Also, the rate of loan holders who were delinquent 90 or more days dropped to 8.73% of all mortgage loans from 9.39% in March, 2011.
Could this be the beginning of the end? Stay tuned.
Speaking of Foreclosures, who needs one? Just drop me an email
Article reprinted from the AJC 5/30/12.