1. Foreclosure Filings in the Atlanta Region
Atlanta Regional Commission
Regional Snapshot: October 2013
For more information contact:
mcarnathan@atlantaregional.com

2. 0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
25 Largest Metros: Percent of Seriously Delinquent
Mortgages, March 2013
Of the 25 largest metro areas,
metro Atlanta still has a relatively
high rate of mortgages that are
considered to be seriously
delinquent – those that are at least
90 days overdue. Overall, however,
metro Atlanta ranks 38th out of 100
metros on this measure.

3. -5.0%
-4.0%
-3.0%
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
25 Largest Metros: Change in Seriously Delinquent
Rate, December 2010 - March 2013
While metro Atlanta has a relatively high rate of seriously delinquent
mortgages when compared to other large metros, metro Atlanta also has
among the highest rates of DECLINE in seriously delinquencies since
December 2010. As you can see, the serious delinquency rate in metro
Atlanta has declined 2.5 percentage points since December 2010, the 7th best
rate of change among the top 25 metros.

4. Map: Percent of Seriously Delinquent Mortgages for
All Metro Areas, March 2013 When compared to
ALL metros in the
nation, metro Atlanta
falls in the middle
range of serious
delinquent rates. As
the map below shows,
the housing markets
in several metro areas
in Florida still are
struggling with high
delinquency rates and
high foreclosure rates.
But to foreclose in
Florida requires court
action, which could
take a couple of years.
In Georgia a bank can
foreclose on a
property without legal
action, which speeds
up the entire process.Metro Atlanta

5. 20-County Region: Foreclosure Filings,
2010 - Current
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
Looking more locally at the
20-county area, the number
of foreclosure filings has
dropped steadily since
2010.

6. 0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Jan-00
Jun-00
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Jul-12
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May-13
10-County Region: Foreclosure Filings,
2000 - Current
In looking back even further – back to 2000 – we
see that with the recent declines, foreclosure
filings are back to pre-recession levels. But they
are still higher than they were in the early 2000s.
Please note that these are for the 10-county
region, as we don’t have the data going back to
2000 for all 20 counties.

7. 0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Jan-00
Jul-00
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Jul-13
Building Permits and Foreclosure Filings: 10-County
Region, 2000 - Current
Here we can see the effect a high number of foreclosure filings can have on
homebuilding. When foreclosure filings are high (left-axis, orange bars),
building permits suffer (right-axis, green line).

8. -10,000 -9,000 -8,000 -7,000 -6,000 -5,000 -4,000 -3,000 -2,000 -1,000 0
Barrow
Bartow
Carroll
Cherokee
Clayton
Cobb
Coweta
DeKalb
Douglas
Fayette
Forsyth
Fulton
Gwinnett
Hall
Henry
Newton
Paulding
Rockdale
Spalding
Walton
Change from 2010 to 2011
Change from 2011 to 2012
20-County Region: Declining Foreclosure Filings,
2010 - 2012
Although the housing market decline
began along with the Great Recession in
2007, foreclosure filings kept increasing
every year through 2010. Since then,
however, every county in the region has
seen dramatic declines in the number of
foreclosure filings.

9. Foreclosure Filings by County, 2010-Current
(through September)
0
5,000
10,000
15,000
20,000
25,000
2010 2011 2012 2013
As the chart shows,
foreclosure filings have
continued their precipitous
decline in 2013. Note that
these data compare filings
through September of each
year.

10. In 2007, foreclosure filings
were mostly contained
within the region’s core…
Foreclosure Filings (per sq. mile), 2007

11. By 2008, foreclosure filings
began moving further
out…
Foreclosure Filings (per sq. mile), 2008

12. By 2009, significant
foreclosure filing hot spots
arose in Gwinnett and
Cobb…
Foreclosure Filings (per sq. mile), 2009

13. By 2010, Gwinnett County,
as a whole, led the region
in foreclosure filings…
Foreclosure Filings (per sq. mile), 2010

14. By 2011, foreclosure filing
hot spots began to recede
slightly…
Foreclosure Filings (per sq. mile), 2011

15. And, finally in 2012,
foreclosure filing hot spots
are dissipating, but some
areas, like those in
Gwinnett , DeKalb and
Atlanta, have remained
“hot” throughout…
Foreclosure Filings (per sq. mile), 2012

17. This map looks at small-area
foreclosure trends. It annualizes
the 2013 data to allows
comparisons to 2012 (since we
don’t have all of 2013 data yet).
The areas in blue represent
greatest declines in the region.
These areas are well below 2012
levels AND are below the regional
median for 2013. The light blue
areas represent declines from
2012, but are slightly above the
2013 average. The pinks and reds
– which there are very little of –
are areas where foreclosures are
on par with or exceeding last
year’s levels – in other words,
these areas aren’t improving like
the “blue” areas. Fortunately, the
pink and red areas are few and
relatively scattered throughout
the region, with no one area
having a heavy concentration.
Map: Foreclosure Filings Comparison,
2013 to 2012