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New Foreclosures July 2008

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Alabama Trends MAY. YTD.
New Foreclosure Filings 5023,061
Foreclosure Sales 319
Avg Sales Price $ 164,667$ 155,614
Total Savings 20 % 16 %
Fair
0% – 10%
Good
11% – 30%
Excellent
31% +
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Birmingham is the largest city in Alabama. It has a population of 242,820 and a median household income of $26,735.

Birmingham was founded in 1871, just after the U.S. Civil War, as an industrial enterprise. It was named after Birmingham, the major industrial city of England. The turn of the century brought the substantial growth that gave Birmingham the nickname "The Magic City" as the downtown area rapidly developed from a low-rise commercial and residential district into a busy grid of neoclassical skyscrapers and busy streetcar lines. Birmingham was one of the battlegrounds of the American Civil Rights Movement throughout the 1960’s.

Real estate investors, agents and homebuyers interested in successfully locating foreclosure properties in Birmingham need only look to RealtyTrac for all their foreclosure and real estate needs, including pre-foreclosure information, foreclosure auctions, bank-owned foreclosures, for sale by owner (FSBO) homes, resale MLS homes and new homes for sale.

With over 1 million properties that are updated daily, RealtyTrac is your one-stop source for Birmingham pre-foreclosure, bank foreclosures, for sale by owner (FSBO) homes, foreclosed homes via auction and new homes and MLS listings.

At RealtyTrac, we look to help you navigate the foreclosure process by supplying you with the most up-to-date list of Birmingham foreclosures, along with the latest in real estate news and information on foreclosure activity in Birmingham and beyond.

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