Huntsville Foreclosure | Huntsville Alabama Foreclosed Homes Blog

HUNTSVILLE, Alabama -- The number of foreclosures in Madison County last month jumped more than 25 percent over a year ago, according to figures released today by foreclosure listing firm RealtyTrac.

There were 127 foreclosures in August - 1 in every 1,136 households - compared to 101 in August 2010, an increase of 25.74 percent.

However, the number dropped 19.6 percent from July, which had 158 foreclosure filings.

Of last month's foreclosures, 41 were in north and northeast Huntsville.
In Limestone County, there were 14 foreclosures last month - 1 in every 2,119 households. In July, there were just seven foreclosures and, in August 2010, there were 15 foreclosures.

Jackson County reported just two foreclosures last month - 1 in every 12,674 households; Morgan County had 35 (1 in 1,450) and Marshall County had 26 (1 in 1,486).

Elsewhere in the state, Jefferson County had 280 foreclosures last month (1 in 1,115), Mobile County had 230 (1 in 735), Baldwin County had 150 (1 in 705), Montgomery County had 82 (1 in 1,263) and Shelby County reported 119 filings (1 in 672).

Statewide, there were 1,358 foreclosures last month (1 in every 1,607 households). It was a 28.9 percent drop from August 2010 and a 24.2 percent decrease from July.

Prospective buyers given look at what's out there; homes ‘do need work'

 One by one, they stepped from the charter bus into the late morning sun, carrying clipboards, pens and cell phones. They made notes and took pictures of the three-bedroom, bungalow-style house in southwest Huntsville. They gazed at stained carpet, missing soffit and fascia boards, holes punched in walls and doors, possibly by owners angry at having to move out of their home.

We had a story about us in the Huntsville Times!

Heres the print version

Below is the web version of the article.  How exciting!

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Program will include wide range of prices

You'll see them in places hit hardest by the housing crisis: Tour buses rolling through the streets of Las Vegas, Atlanta, Detroit, shuttling prospective buyers interested in finding a deal on a foreclosed property.

But area still better off than most of country

Foreclosures are up in Huntsville - way up.

According to RealtyTrac, 825 homes in the Huntsville market entered some phase of the foreclosure process during 2008, compared with 76 filings in 2007 and 73 in 2006.

Alabama figures down more than 26% since October

A new report shows the number of Alabama foreclosures was down more than 26 percent from October to November and dropped seven percent from last November.