Foreclosures Decline in Metro Atlanta

Mar 10, 2011 - 13:50
Mar 10, 2011 - 14:03
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Foreclosures Decline in Metro Atlanta

ATLANTA - New figures show foreclosure activity fell substantially last month in February across a 28-county area of metro Atlanta.

RealtyTrac, a company that tracks foreclosure activity, says the number of metro Atlanta homes repossessed by banks last month fell 25 percent from February 2010 and nearly 40 percent from January.

Total foreclosure activity, which includes filings of foreclosure notices as well as repossessions, fell by 20 percent in the 28-county area compared with the same period the year before, and nearly 22 percent when compared with the previous month.

Nationally, foreclosure activity decreased 14 percent in February from the previous month and 27 percent from the previous year.

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Information from: The Atlanta Joual-Constitution, http://www.ajc.com

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Mike Gallagher Mike Gallagher is a Georgia-based freelance journalist covering local news, community developments, and regional issues that matter most to residents across the state. Writing for Georgianewsday.com since 2016, Mike has built a reputation for clear, balanced reporting and a strong connection to the communities he serves. His work spans city council decisions, school board updates, small business features, public safety reports, and statewide policy changes. In addition to local coverage, Mike occasionally reports on state politics and national headlines, offering readers context on how broader decisions impact Georgia communities. Known for his steady, fact-driven approach, Mike prioritizes accuracy, fairness, and accessibility in every story. Whether covering a town hall meeting or breaking political developments, he aims to inform readers with clarity and integrity. Outside the newsroom, Mike remains actively engaged in Georgia’s civic landscape, always seeking the next story that shapes the state’s future.