Georgia Foreclosures Declined 39% in April

Friday, May 13th, 2011

The Peach State ranked eighth-worst for foreclosures in April, though the number of foreclosures dropped significantly, RealtyTrac reported Thursday.

Georgia had 8,479 foreclosures in April, down 35 percent from March and down 39.3 percent from April 2010.

RealtyTrac defines a foreclosure as default notices, scheduled auctions and bank repossessions.

Read More: Atlanta Business Chronicle