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Huntsville AL Foreclosure Trends for July 2014

By: Huntsville Real Estate Expert Mike Manosky On September 5, 2014

In July, the number of properties that received a foreclosure filing in Huntsville, AL was 32% higher than the previous month and 28% 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 69.4% of foreclosure activity in July 2014 and Bank-owned properties accounted for 30.6%.

huntsville al foreclosure

Huntsville AL Foreclosure Geographical Comparison

Huntsville AL foreclosure activity in July was 0.01% lower than national statistics, 0.02% lower than state numbers and 0.01% lower than Madison County figures.

huntsville al foreclosure

Huntsville AL Foreclosure Activity by Month

In July, the number of Bank-Owned properties increased 11.8% from the previous month and decreased 34.5% from the previous year.  The number of Auctions increased 43.3% from the previous month and decreased 24.6% from the previous year.

huntsville al foreclsure

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 Broker, Mike Manosky.

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