When is it good not to be #1? Even though in 2009 Alabama saw a 156% increase in foreclosures over the previous year, we ranked 30th in the nation for number of foreclosures. Foreclosures in Alabama for 2009 was 1 in every 107 households compared to a nationwide rate of 1 in every 45 households. Don't get me wrong, the number of homes foreclosed is not good. I don't like to see anyone lose their home. However, Alabama has fared well in comparison to many states and to national averages. This is one list that we as Alabamians can be grateful that we do not rank at the top.
Contact me for a free list of foreclosures or other homes for sale in the Birmingham or Shelby County area.
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