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.
