Wednesday, August 18, 2010

Foreclosures in Texas DOWN

Provided By RECON
Source Forth Worth Star Telegram

Residential foreclosures last month were down 2.9 percent in Texas and 10 percent nationwide compared with a year ago, according to the latest data from RealtyTrac.

Some 11,727 postings were filed last month in Texas, which means one in every 819 housing units received a notice, RealtyTrac said.

Nationwide, 325,229 postings were filed, or one in every 397 housing units. Although it's a drop from a year ago, the number was up 3.6 percent from June, the firm said.

July was the 17th straight month that U.S. foreclosure postings topped 300,000, RealtyTrac CEO James Saccacio said.

Are you behind on your mortgage, don't foreclose! Call us at 972-772-7000 or email us at rockwall@kw.com.

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