Foreclosures in Atlanta very high

Metro Atlanta posted the second highest foreclosure rate among the 20 largest metro areas, with 9,677 foreclosures, or one in every 245 housing units. This was up 28 percent over May 2011 and 3 percent over April 2012. 

Georgia had 13,649 foreclosures, or one for every 300 housing units, in May. That was up 30 percent over May 2011 and 33 percent from April 2012. 

For more information on this subject, go to  

http://www.bizjournals.com/atlanta/news/2012/06/14/georgia-no-1-atlanta-no-2-in-may.html?ana=e_du_pap&s=article_du&ed=2012-06-14

Original graphic: Attribution to "Brendel" , Wikipedia