Atlanta Area Market Trends Report



The housing market in the Atlanta area this past May has over 5,500 properties that are in default, auction, bank owned status, or some state of foreclosure, according to RealtyTrac, Inc., a California-based online data tracking service. The number of homes for sale on RealtyTrac is 4,181, with foreclosures increasing 2 percent in May over last month’s figures. The numbers indicate, however, a steep decline from the same time last year, of 53 percent versus May 2012.