Montgomery AL Foreclosure Trends for May 2015
In May, the number of properties that received a foreclosure filing in Montgomery, AL was 1% higher than the previous month and 16% higher than the same time last year, according to RealtyTrac.com.
Montgomery AL Foreclosure Status Distribution
The current distribution of foreclosures based on the number of active foreclosure homes in Montgomery, AL.
Auctions accounted for 38.9% of foreclosure activity in May 2015, Pre-foreclosures accounted for 25.7 and Bank-owned properties accounted for 35.4%.
Montgomery AL Foreclosure Activity by Month
The number of Bank-Owned properties decreased 0.6% compared to the previous month and increased 58.2% from the previous year in May. The number of Auctions increased 5.6% compared to the previous month and 4.9% from the previous year. Pre-foreclosures dropped 4.0% from the previous month and 5.2% from the previous year.
Foreclosure Rates For the US in May 2015
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