Home foreclosures have hit a record in metro Atlanta. Alpharetta-based Equity Depot, which tracks foreclosures, says 7,335 properties in 13 counties are scheduled for auction next month. The previous record was set in January, when 6,992 properties went up for auction. The foreclosures are a symptom of the subprime mortgage crisis that began being felt last year after many loans reset at higher rates, prompting an increase in defaults.
