(AJC) — Foreclosure notices in the 13-county metro area jumped 59 percent to a new record in August compared to July, reversing a sharp drop from June.
Equity Depot said 13,130 foreclosure notices were published in August. That was up from 8,264 in July, when a 25 percent drop from the previous month kindled hopes that the trend of rising foreclosures had turned..
Barry Bramlett, president of the Alpharetta-based real estate information firm, called the August total “off the chart,” adding in an e-mail that it is a “record number for the 13 county metro and looks like a record for the state as well.”