The foreclosure picture in metro Atlanta improved slightly in November. But notices for the year continue at a record pace.
A total of 9,427 foreclosure notices were published in November in a 13-county metro area — down 1.3 percent from October, according to Equity Depot. The notices published this month are for public auctions scheduled for December.
It’s “not unusual for numbers to dip a bit in the last quarter,” Barry Bramlett, president of Equity Depot, wrote in an e-mail. “Not sure if that has to do with holiday season approaching, but a similar pattern to that in years past.”
November’s notices were up 40 percent from the same month last year.
After 11 months of this year, there were 106,766 notices — well above last year’s previous annual record of 79,484, according to Alpharetta-based Equity Depot. (www.equitydepot.net)
In November, Fulton led the pack with 2,072 notices, followed by Gwinnett with 1,924. DeKalb was third with 1,419, followed by Cobb (1,010) and Clayton (712).
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