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Huntsville AL Foreclosure Trends for October 2014

By: Huntsville Real Estate Expert Mike Manosky On December 7, 2014

In October, the number of properties that received a foreclosure filing in Huntsville, AL was 11% higher than the previous month and 24% 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 October 2014 and Bank-owned properties accounted for 25.0%.

huntsville al foreclosure

Huntsville AL Foreclosure Geographical Comparison

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

huntsville al foreclosure

Huntsville AL Foreclosure Activity by Month

In October, the number of Bank-Owned properties increased 66.7% from the previous month and  dropped 51.6% from the previous year.  The number of Auctions remained the same compared to the previous month and dropped 6.3% from the previous year.

hutnsville 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.

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

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