March Dothan Foreclosures update
March 27th, 2008 - Categories: Dothan area Real Estate Market information, Real Estate News
By: Charles Woodall
Managing Broker
http://www.dothanhomesearch.com
Foreclosures are trending up. We all know that because we hear about it in the media every day. Foreclosures in the Dothan area are up too, but seem to have leveled off in the past few weeks. There is no way anyone could conclude from these numbers that the Dothan real estate market is suffering because of a greater number of foreclosures on the market.
The average number of notices so far this year has been about 23 per week. The last couple of months of 2007 the average was around 16. Large jump percentage wise, but in overall numbers, not so much.
Possibly Related Posts
- Number of Alabama foreclosures down
- Monday Market Snapshot - July 28, 2008
- February Dothan Foreclosures Update
This entry was posted on Thursday, March 27th, 2008 at 7:05 am and is filed under Dothan area Real Estate Market information, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
[…] 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. Share or Bookmark to: […]