5:19 am December 14, 2009, by Henry Unger
There’s still no relief from foreclosures.
The picture worsened in metro Atlanta in December, as foreclosure notices rose nearly 10 percent over November and 77 percent compared with December of last year, according to new data from Equity Depot.
The previous annual record, set last year, was shattered as 117,107 foreclosure notices were published this year — an increase of 47 percent, Equity Depot said.
In December, a total of 10,341 foreclosure notices were published in a 13-county metro area — up 9.7 percent from November, according to Alpharetta-based Equity Depot.
Barry Bramlett of Equity Depot said relatively fewer residential properties are involved, while the proportion of commercial properties is rising.
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