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Huntsville AL Foreclosure Trends for January 2014

By: Huntsville Real Estate Expert Mike Manosky On February 28, 2014

In January, the number of properties that received a foreclosure filing in Huntsville, AL was 26% lower than the previous month and 33% 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 59.4% of foreclosure activity in January 2014 and Bank-owned properties accounted for 40.6%.

status-jan2014

Huntsville AL Foreclosure Geographical Comparison

Huntsville AL foreclosure activity in January was 0.02% lower than national statistics, 0.02% higher than state numbers and 0.02% lower than Madison County numbers.

geo-jan2014

Huntsville AL Foreclosure Activity by Month

The number of Bank-Owned properties increased 8.3% from the previous month and dropped 52.7% from the previous year in January.  The number of Auctions decreased 39.7% from the previous month and decreased 7.3% from the previous year.

trend-jan2014

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.

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

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