foreclosure: Texas Foreclosure Activity Up in Third Quarter
- 11/06/10 10:41 AM
Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 34,187 Texas properties during the third quarter, a 4 percent increase from the previous quarter and up 15 percent from the third quarter of 2009, according to the latest RealtyTrac® U.S. Foreclosure Market Report.
For September, Texas reported 12,769 properties with foreclosure filings, an 11 percent decrease from the previous month and 3 percent below the level reported for the same month last year. One in every 752 Texas housing units received a foreclosure filing in September, the 29th highest foreclosure rate among the … (0 comments)
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