Montgomery Foreclosure Trends - April 2010
There were 1,442 Montgomery foreclosure homes for sale with 154 new foreclosures in April 2010. The average selling price of a Montgomery home is $186,834 and the average foreclosure selling price is $124,538, a $62,297 savings, according to RealtyTrac.com.
Montgomery Foreclosure Activity and Home Price Index
Home price appreciation remained unchanged in April while the number of new Montgomery foreclosure homes dropped to 154.
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 0.04% higher than Alabama statistics for the month of April..
Montgomery Foreclosure Activity by Month
The number of Bank-Owned properties dropped from 135 homes in March to 57 in April. The number of Auctions dropped from 120 to 97. 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.
