Change in the Air: Atlanta Foreclosure Rates Drop in August
Change in the Air: Atlanta Foreclosure Rates Drop in August
Notices Fall to Four-Year Low
Many Atlanta area homeowners received encouraging news in August. Notices for home foreclosures dropped from 9,317 in July to 6,426. The reduction is especially nice for homeowners after a May report revealed that Georgia had the highest foreclosure rate in the nation. The new numbers bring Atlanta's foreclosure numbers to the lowest numbers it has seen since 2008.
So what is behind the sudden drop in foreclosures? A lawsuit as it turns out. In July, the Georgia Court of Appeals ...


