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Foreclosure Archives - Birmingham Alabama Real Estate Market

Market Report: Metro Birmingham Foreclosure Report

Foreclosures Are Dwindling in Birmingham Area Foreclosure homes sales are declining in the Metro Birmingham Area and that’s great news for homeowners and home values. We’re not down to zero yet and we never will be.  However, the areas foreclosures are slim pickings these days.

January 2012 Birmingham-Hoover Foreclosure Market Report

January 2012 Foreclosure Report The Birmingham-Hoover Alabama Metro forclosures in January 2012 was 227, compared to 594 non-foreclosutre sales.  As a percentage, that translates to 38% of all sales in January 2012 with an average sales price of $82,323 (while the average non-foreclosure price was $208,201.  The average price for all sales in January 2012 was […]

HAFA, HAMP, Short Sale: Alternatives to Looming Foreclosure

 Alternatives to Foreclosure Part II I’ve already discussed the HAMP (Home Affordable Modification Program) which is a program designed to help troubled home owners lower their monthly mortgage payments.  You can read the HAMP post at your leisure.  If you are a Birmingham Alabama home owner, you need to know that there is help for you. […]

HAMP, HAFA, Short Sale: Alternatives to a Looming Foreclosure

Living with the threat of a foreclosure over your head would be enough to drive anyone into a panic.  As a Birmingham Alabama home owner, you need to know that you have options when it comes to skirting foreclosure. Three alternatives that are available to you are the HAMP, HAFA and Short Sale of your […]