Number of Alabama foreclosures down

April 16th, 2008 - Categories: Dothan area Real Estate Market information

By: Charles Woodall

http://www.dothanhomesearch.com

According to RealtyTrac, the number of foreclosures dropped 8% in March compared to February, and are down over 19% compared to March of 2007. That is compared to nationally, where foreclosures are up 57% from last year.

Alabama ranks 43rd among the states for foreclosure rates. Supports what we’ve been saying about foreclosures here in Dothan. Foreclosures are just not a big problem in our area right now.

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