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Huntsville AL Foreclosure Trends for December 2014

By: Huntsville Real Estate Expert Mike Manosky On January 30, 2014

In December, the number of properties that received a foreclosure filing in Huntsville, AL was 7% lower than the previous month and 8% lower than the same time last year, according to RealtyTrac.com.

Huntsville AL Foreclosure Status Distribution

The current distribution of foreclosures based on the number of active foreclosure homes in Huntsville, AL.

Auctions accounted for 72.4% of foreclosure activity in December 2013 and Bank-owned properties accounted for 27.6%.

status-dec2013

Huntsville AL Foreclosure Geographical Comparison

Huntsville AL foreclosure activity in December was 0.01% higher than national statistics, 0.04% higher than state numbers and 0.01% lower than Madison County numbers.

geo-dec2013

Huntsville AL Foreclosure Activity by Month

The number of Bank-Owned properties decreased 17.2% from the previous month and 48.9% from the previous year in December 2013.  The number of Auctions decreased 3.1% from the previous month and increased 31.3% from the previous year.

trend-dec2013

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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