Birmingham ranks 104th for foreclosures

Posted by Natasha Everingham | Posted in Real Estate Agent | Posted on 25-07-2011

Tags: Ranks, Ranks 104th

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Birmingham has had 3,544 foreclosures in the first half of 2011, according to a new report from RealtyTrac.

The metro’s foreclosure rate of 0.7 percent of housing units ranks No. 104 in the nation.

Foreclosures are down 11.3 percent compared to the second half of 2010 and down 27 percent compared to the first half of last year.

Birmingham has had 3,544 foreclosures in the first half of 2011, according to a new report from RealtyTrac.

The metro’s foreclosure rate of 0.7 percent of housing units ranks No. 104 in the nation.

Foreclosures are down 11.3 percent compared to the second half of 2010 and down 27 percent compared to the first half of last year.

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