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Huntsville AL Foreclosure Trends – May 2013

By: Huntsville Real Estate Expert Mike Manosky On July 1, 2013

There are currently 442 properties in Huntsville, AL that are in some stage of foreclosure (default, auction or bank owned), according to RealtyTrac.com.

In May, the number of properties that received a foreclosure filing in Huntsville, AL was 52% higher than the previous month and 59% higher than the same time last year.

Huntsville Al Foreclosure Activity and Interest Rates

The number of new foreclosure filings compared to the 30-year interest rate.

rate-may 2013

Huntsville AL Foreclosure Geographical Comparison

Huntsville AL foreclosure activity in May was the same as national statistics, 0.04% higher than state numbers and 0.01% below Madison County numbers.

geo-may 2013

Huntsville AL Foreclosure Activity by Month

The number of Bank-Owned properties increased 61.5% from April and 162.5% from May 2012.  The number of Auctions increased 44.7% from April and increased 22.2% from May 2012.

trend-may 2013

Are you or someone you know behind on your mortgage payments and facing a Huntsville AL 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.

Information courtesy of Huntsville Alabama Real Estate Real Estate Broker, Mike Manosky.

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