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Madison County Foreclosure Trends – May 2009

By: Huntsville Real Estate Expert Mike Manosky On July 10, 2009

There were 160 new Madison County foreclosures in May 2009, according to RealtyTrac.com.

Madison County Foreclosure Activity May 2009


Madison County Foreclosure Activity and Home Price Index

Madison County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Madison County Foreclosure Geographical Comparison

Madison County foreclosures are 0.13% below national statistics and 0.03% above Alabama figures.

Are you or someone you know behind on your mortgage payments and facing a foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. Give me a call for a private consultation.

Learn more about Madison County real estate by visiting HuntsvilleHomesOnline.com.

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