Huntsville AL Foreclosure Trends for August 2014

In August, the number of properties that received a foreclosure filing in Huntsville, AL was 8% lower than the previous month and 10% 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 84.2% of foreclosure activity in Augsut 2014 and Bank-owned properties accounted for 15.8%.



Huntsville AL Foreclosure Geographical Comparison

Huntsville AL foreclosure activity in August was 0.03% lower than national statistics, 0.01% higher than state numbers and 0.01% lower than Madison County figures.



Huntsville AL Foreclosure Activity by Month

In August, the number of Bank-Owned properties decreased 52.6% from the previous month and 75.0% from the previous year. The number of Auctions increased 11.6% from the previous month and 77.8% from the previous year.



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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