4:57 am February 8, 2010, by Henry Unger
Foreclosure notices in metro Atlanta jumped 27 percent in February, compared with January. They were up 34 percent when compared to a year ago, according to data just released from Equity Depot.
“Residential foreclosures basically run across the board in every price range,” Barry Bramlett, president of Alpharetta-based Equity Depot, said in an e-mail. “Commercial properties [are] clearly on the rise.”
There were 10,357 foreclosure notices published in February in the 13-county metro area. That compared with 8,181 in January and 7,701 a year ago, Equity Depot said. The notices published this month are for public auctions scheduled in March.
In January, there was short-lived decline, Bramlett said, “probably due to [foreclosure] moratoriums some lenders put in place over the holidays.”
This month, Gwinnett led the pack with 2,163 foreclosure notices, followed by Fulton with 2,008. DeKalb was third (1,511), followed by Cobb (1,243) and Clayton (821).
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