Fulton Foreclosure Filings See Year-Over-Year Increase: Report

FULTON COUNTY, GA — Foreclosure activity in Fulton County for February 2018 saw a 13-percent year-over-year increase from February 2017, and saw an additional 11-percent spike from January 2018, according to ATTOM data.

According to ATTOM, there were 232 foreclosure filings in Fulton County last month. Based on Census Bureau estimates, there are 449,933 housing units in the county, so one in every 1,939 properties in Fulton County had a foreclosure filing.

So, how does Fulton County compare to its neighbors in year-over-year figures? Cobb experienced a 29-percent decrease while Cherokee County had a 54-percent decrease. DeKalb witnessed a 12-percent dip, Forsyth a 67-percent decrease, Gwinnett a 43-percent drop, Douglas a 44-percent decrease, Coweta a 15-percent decrease, Fayette a 27-percent spike and Clayton a 24-percent decline.

(For more news like this, find your local Patch here. If you have an iPhone, click here to get the free Patch iPhone app; download the free Patch Android app here)

Foreclosure activity had an overall year-over-year decrease in the U.S. for February 2018, reaching an all-time low for as far back as ATTOM has data available, which dates back to April 2005. For the Peach State, Georgia also had an overall year-over-year decrease in foreclosure filings, dropping from 31 percent from 2017. There were 1,618 foreclosure filings last month across Georgia, down from 2,185, or 25 percent, in January of this year.

Based on Census Bureau information, there were 4.2 million housing units in the state, and last month’s 1,618 foreclosure filings indicate one in every 2,569 properties around Georgia were subjected to a filing.

Image via Shutterstock

Source Article

Leave a Reply

Your email address will not be published. Required fields are marked *