Huntsville AL Foreclosure Trends for June 2014
In June, the number of properties that received a foreclosure filing in Huntsville, AL was 13% lower 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 63.8% of foreclosure activity in June2014 and Bank-owned properties accounted for 36.2%.
Huntsville AL Foreclosure Geographical Comparison
Huntsville AL foreclosure activity in June was 0.03% lower than national statistics, the same as state numbers and 0.01% lower than Madison County numbers.
Huntsville AL Foreclosure Activity by Month
In June, the number of Bank-Owned properties decreased 39.3% from the previous month and decreased 48.5% from the previous year. The number of Auctions increased 15.4% from the previous month and increased 3.4% 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.
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Information courtesy of Huntsville Alabama Real Estate Broker, Mike Manosky.