Foreclosure filings in Alabama were on the rise in January, but the state still ranks relatively low for such activity.
Filings in the state rose 25 percent from December and 58 percent from January 2008, according to California mortgage researcher RealtyTrac.
Last month, there were 920 foreclosure filings in Alabama, or one in every 2,323 properties. Those numbers ranked Alabama No. 39 among the states.
Nationwide, there were 274,399 foreclosure filings, or one in every 466 properties. U.S. foreclosure filings grew 10 percent in January from December and 18 percent from the year-ago period.
Nevada had the highest foreclosure rate last month, with 14,444 filings, or one in every 76 properties.
