10,000 foreclosed properties on market in April

By: ATLANTA, Ga. (AP)
By: ATLANTA, Ga. (AP)

EquityDepot.net says more than 10,000 foreclosed properties are scheduled to be sold on courthouse steps in the Atlanta area in April.

EquityDepot.net, which tracks foreclosures, says the 10,130 figure breaks the previous record of 8,425 that were scheduled for sale in March.

The Georgia Labor Department says the jobless rate in metro Atlanta is 8.7 percent, the highest rate reported since the measurement was standardized in 1976.

In the new foreclosure numbers, Fulton County leads with 2,181 properties scheduled for sale, followed by Gwinnett, DeKalb and Cobb counties.

Foreclosure sales are held on courthouse steps the first Tuesday of each month


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