Dothan Foreclosure numbers going up?

By
Real Estate Broker/Owner with CENTURY 21 Key Realty

As promised, here is the last eight weeks data on foreclosure notices published in the local newspaper.

Dothan foreclosure notices

I have only been tracking this information since November, even though before that I looked at the notices at least several times each week. I can say with a lot of certainty that I have never seen 12 notices in one day as we saw last Thursday. I can also say with relative confidence that the foreclosure numbers from this chart are not abnormally high for the Dothan area.

We’ll see how it plays out. As I stated in my predictions for the real estate market here in Dothan for 2008, I don’t think we can avoid an increase in foreclosures this year.

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