2010 Atlanta Foreclosure Market Update
Posted by The Keen Team on Tuesday, August 31, 2010 at 1:49 PM By The Keen Team / August 31, 2010 2 Comments
It's not just the heat here in Atlanta setting records. This month there were 13,130 foreclosure noticed filed in the 13 county region of Metro-Atlanta. That's a 59% increase over July and a 4.5% increase over the record set in March of this year.
Gwinett county led the pack with 2,733, Fulton trails closely behind with 2,518 and DeKalb in third with 2,031.
I have a very bad feeling about fall/ winter 2010 settings records for inactivity in the real estate and relocation industries.
Wow. 59% increase over July? Well, although it's obviously not a good thing for those losing their homes, it becomes an opportunity for savvy investors.
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