10:14 am September 16, 2009, by Henry Unger
Home foreclosures hit another monthly record in metro Atlanta.
There were 12,207 foreclosure notices in September covering a 13-county region, according to Equity Depot data. That’s up from 9,930 in August. The notices published this month are for public auctions scheduled for October.
“It hasn’t leveled off yet,” said Barry Bramlett, president of Equity Depot. “We’re seeing older loans that typically tell you it’s related to the economy and joblessness.”
The previous record was 11,925 in June, according to Alpharetta-based Equity Depot. (www.equitydepot.net)
With three months remaining in the year, a new annual record already has been reached.
So far, there have been 87,679 foreclosure notices, Equity Depot said. For all of last year, the previous high, there were 79,484.
In September, Fulton led the pack with 2,666 notices, followed by Gwinnett with 2,304. DeKalb posted 1,770, followed by Cobb with 1,474 and Clayton with 994.
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