Huntsville real estate foreclosures| huntsville alabama foreclosed homes

255655, 2460 MT. VERNON ROAD, HUNTSVILLE, AL - $34,500.00
258955, 2708 CAVE AVENUE, HUNTSVILLE, AL - $37,500.00
258104, 3229 UVALDE LANE, HUNTSVILLE, AL - $59,900.00
257415, 3417 AVONDALE DRIVE, HUNTSVILLE, AL - $60,000.00
242903, 2914 BRETT ROAD, HUNTSVILLE, AL - $67,000.00
248444, 4611 SPARKMAN DRIVE, HUNTSVILLE, AL - $69,900.00
258958, 2102 PHILLIPS ROAD, HUNTSVILLE, AL - $74,500.00
259097, 4602 BROADMEADOW LANE, HUNTSVILLE, AL - $76,500.00
257442, 2512 MASTIN LAKE ROAD, HUNTSVILLE, AL - $79,900.00
258618, 3425 TALL TIMBERS CIRCLE, HUNTSVILLE, AL - $79,900.00
251001, 4706 WHITEHALL DRIVE, HUNTSVILLE, AL - $80,500.00
260484, 2701 EUCLID ROAD, HUNTSVILLE, AL - $84,500.00
258459, 2606 LAVERNE DRIVE, HUNTSVILLE, AL - $89,900.00
252343, 4056 KNOLLBROOK DRIVE, HUNTSVILLE, AL - $109,900.00
250604, 307 PLYMOUTH ROAD, HUNTSVILLE, AL - $28,900.00
255424, 701 ARGYLE ROAD, HUNTSVILLE, AL - $48,900.00
259767, 507 NW EASTBROOK CIRCLE, HUNTSVILLE, AL - $73,000.00
260382, 221 BEIRNE AVENUE, HUNTSVILLE, AL - $84,900.00
249980, 1022 CRESTLINE ROAD, HUNTSVILLE, AL - $45,900.00
241686, 920 FAIRWAY DRIVE, HUNTSVILLE, AL - $45,900.00
257402, 3514 OLEANDER ROAD, HUNTSVILLE, AL - $47,900.00
245950, 3917 TROY SWASEY BLVD, HUNTSVILLE, AL - $59,900.00
260252, 3119 HALE DRIVE, HUNTSVILLE, AL - $61,999.00
259177, 3705 PENNY STREET, HUNTSVILLE, AL - $68,442.00
233760, 3426 GRASSFORT DRIVE, HUNTSVILLE, AL - $69,900.00
254834, 12004 HEARTHSTONE CIRCLE, HUNTSVILLE, AL - $124,000.00
258761, 1411 MONTE SANO BLVD, HUNTSVILLE, AL - $124,500.00
260291, 12119 COMANCHE TRAIL, HUNTSVILLE, AL - $169,900.00
254256, 2409 BASIN STREET, HUNTSVILLE, AL - $199,900.00
258802, 7795 WILDCREEK TRAIL, HUNTSVILLE, AL - $242,900.00
259799, 192 WATERS EDGE LANE, MADISON, AL - $63,500.00
256982, 253 WATERS EDGE LANE, MADISON, AL - $74,900.00
257232, 117 TELLURIDE DRIVE, MADISON, AL - $124,900.00
256820, 100 TELLURIDE CIRCLE, MADISON, AL - $149,900.00
259638, 105 HARPERS HOP COURT, MADISON, AL - $159,900.00
257965, 239 PRAIRIE DRIVE, MADISON, AL - $188,500.00
256824, 103 TESSIE DRIVE, HUNTSVILLE, AL - $239,500.00
258845, 106 CORAETTA CIRCLE, TONEY, AL - $105,000.00
258530, 208 LESLIE LANE, HARVEST, AL - $119,900.00
257468, 126 TURNEY LANE, TONEY, AL - $139,900.00
256253, 120 CANOEBROOK LANE, HUNTSVILLE, AL - $149,900.00
250462, 109 TURNEY LANE, TONEY, AL - $169,900.00
247881, 124 CLUBHOUSE LANE, MADISON, AL - $194,500.00
255428, 126 SHADOW POINTE CIRCLE, HUNTSVILLE, AL - $214,900.00
260251, 121 CHERITA LANE, HARVEST, AL - $259,900.00
257506, 344 WEATHERFORD DRIVE, MADISON, AL - $263,900.00
259069, 132 EMORY DRIVE, HARVEST, AL - $265,900.00
259855, 112 TALL SKY LANE, HUNTSVILLE, AL - $289,900.00
257824, 140 HONEA ROAD, HAZEL GREEN, AL - $21,900.00
257235, 113 MATTS WAY, HAZEL GREEN, AL - $51,900.00

Home sales in U.S. fall 8% for September New house deals drop 27.5% for area
Thursday, October 25, 2007
From staff and wire reports WASHINGTON - Sales of existing homes across the nation dropped in September as turmoil in mortgage markets added more problems to a housing industry in its worst slump in 16 years.

The National Association of Realtors reported Wednesday that sales of existing homes fell 8 percent, the largest decline to show up in records dating to 1999. The seasonally adjusted annual sales rate of 5.04 million existing homes was also the slowest pace on record.

The slowdown pinched prices. The median price - the point at which half the homes sold for more and half for less - fell to $211,700 in September, down by 4.2 percent from a year ago.

The 8 percent decline in sales was bigger than the 4.5 percent decline that had been expected.

While the Birmingham area had seen only modest declines this year, the number of housing transactions fell 15 percent in September, the biggest monthly decline in 2007.

The figure from the Birmingham Association of Realtors includes new home sales, which fell 27.5 percent last month, more steeply than the overall rate.

Jim Lawrence of LAH Real Estate, the association's president, said last week "a cooling off of the market had to happen" after years of record-breaking sales.

In the Birmingham area, sales prices climbed last month, with a median price of $164,200, up from $159,000 in September 2006.

Statewide, existing home sales fell 11.5 percent in September, according to Grayson Glaze, executive director of the Alabama Center for Real Estate at the University of Alabama.

Analysts explaining the U.S. decline blamed the bigger-than-expected slump on the turmoil that hit credit markets and mortgage markets in August as worries increased over rising mortgage foreclosures.

"Mortgage problems were peaking back in August when many of the September closings were being negotiated and that slowed sales notably in higher-priced areas that rely more on jumbo loans," said Lawrence Yun, senior economist for the Realtors.

The slowdown meant the inventory of unsold homes across the nation rose to 4.4 million units in September. At the September sales pace, it would 10.5 months to eliminate the overhang of unsold homes, a record length of time.

Economists fret that the levels of unsold existing and new homes will put further downward pressure on prices.

As Alabama's housing market enters the final quarter of the year, UA's Glaze said inventory will be a concern. At the current rate of sales, the state has a 10.4-month supply of homes, up nearly 37 percent from the 7.6-month supply in September 2006.

"The primary question is whether new construction will be curtailed in sufficient amounts to assist in reducing the oversupply of inventory, whether realistic sellers when pricing will take into account the current levels of inventory and the unknown impact of foreclosures as adjustable-rate mortgages continue to reset in the coming months ahead," Glaze said.

Yun said that the price declines should be put into perspective in that they are occurring after a five-year housing boom which pushed prices up to record levels.

He forecast that prices will decline by about 1.5 percent this year. That would be the first annual price decline on Realtors' records going back four decades

 

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