Huntsville AL Foreclosure Trend - April 2011

There were 890 Huntsville AL foreclosure homes for sale with 109 new foreclosures in April 2011. One in every 871 housing units received a foreclosure filing in April. The average sales price of a Huntsville home was $163,001 and the average foreclosure sales price was $136,103, a $26,898 savings, according to RealtyTrac.com.

Huntsville AL Foreclosure Activity and30 Year Interest Rate


Huntsville interest rates averaged 4.84% in April while the number of foreclosed homes decreased from 112 to 109.





Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Huntsville AL Foreclosure Geographical Comparison


Huntsville AL foreclosure activity in April was 0.06% below national statistics, 0.03% above state figures and 0.02% below Madison County statistics.



Huntsville AL Foreclosure Activity by Month


The number of Bank-Owned properties increased from 62 in March to 66 in April. The number of Auctions decreased from 50 to 43 and there is a 6-month rising trend in Huntwville AL foreclosure activity.





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.

Learn more about Huntsville real estate.

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