Montgomery Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% inMay while the number of new Montgomery foreclosure homes dropped to 152.

Montgomery foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Montgomery Foreclosure Geographical Comparison
Montgomery foreclosure activity was 0.09% lower than national statistics and 0.05% higher than Alabama statistics for the month of May.

Montgomery Foreclosure Activity by Month
The number of Bank-Owned properties increased from 57 homes in April to 90 in May. The number of Auctions dropped from 97 to 62. The 6-month trend reflects a rise in Montgomery foreclosures.

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.