According to RealtyTrac’s Midyear 2009 Metropolitan Foreclosure Market Report, metro Atlanta ranked 35th for its rate of foreclosures at the halfway point of 2009.

Metro Atlanta had a foreclosure rate of 2.02 percent which translates to one in every 49 houses during the first half of 2009…a total of 42,799 foreclosure filings – default notices, auction sale notices, and bank repossessions.  Compared to the first half of 2008 the foreclosure filings jumped a total of 11.5 percent.

The 10 metros with the highest foreclosure rates, in order, were Las Vegas; Cape Coral-Fort Myers, Fla.; Merced, Calif.; Riverside-San Bernardino-Ontario, Calif.; Stockton, Calif.; Modesto, Calif.; Bakersfield, Calif.; Vallejo-Fairfield, Calif.; Phoenix-Mesa-Scottsdale, Ariz.; and Orlando-Kissimmee, Fla.