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Huntsville AL Foreclosure Trends for Jan 2015

By: Huntsville Real Estate Expert Mike Manosky On March 6, 2015

In January, the number of properties that received a foreclosure filing in Huntsville, AL was 3% higher than the previous month and 6% 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 61.7% of foreclosure activity in January 2015 and Bank-owned properties accounted for 38.3%.

huntsville al foreclosure

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 0.01% lower than Madison County figures.

huntsville al foreclosure

Huntsville AL Foreclosure Activity by Month

In January, the number of Bank-Owned properties increased 228.6% from the previous month and  dropped 11.5% from the previous year.  The number of Auctions dropped 27.5% from the previous month and 2.6% 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 Broker, Mike Manosky.

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