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Huntsville AL Foreclosure Trends For March 2014

By: Huntsville Real Estate Expert Mike Manosky On May 4, 2014

In March, the number of properties that received a foreclosure filing in Huntsville, AL was 14% lower than the previous month and 16% 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 75.0% of foreclosure activity in March 2014 and Bank-owned properties accounted for 25.0%.

huntsville al foreclosure

Huntsville AL Foreclosure Geographical Comparison

Huntsville AL foreclosure activity in March was the same as national statistics, 0.02% higher than state numbers and the same as Madison County numbers.

huntsville al foreclosure

Huntsville AL Foreclosure Activity by Month

The number of Bank-Owned properties decreased 56.8% from the previous month and 60.0% from the previous year in March.  The number of Auctions increased 29.5% from the previous month and increased 7.5% from the previous year.

huntsville al foreclosure

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.

Curious about the value of your home? Click here for an update!

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

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