Montgomery AL Foreclosure Trends - July 2013
In July, the number of properties that received a foreclosure filing in Montgomery, AL was 96% higher than the previous month and 8% lower than the same time last year, according to RealtyTrac.com.
Montgomery AL Foreclosure Discount
The median sales price of foreclosed homes is $25,991 less than regular homes.
Montgomery AL Foreclosure Geographical Comparison
Montgomery AL foreclosure activity was the same as national statistics, 0.04% higher than Alabama and the same as Montgomery County statistics in July 2013.
Montgomery AL Foreclosure Activity by Month
The number of Bank-Owned properties increased 100.0% compared to June and dropped 24.2% compared to July 2012. The number of Auctions increased 91.7% compared to June and decreased 21.1% from July 2012.
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.
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Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.
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Home prices have gone up considerably in almost every market in the country in the past year and while inventories are beginning to grow, prices are expected to continue to rise. Mortgage rates jumped 1% from the beginning of May to now. They could easily reach 5% by the end of the year and continue to rise in 2014.
