Multiple reports show the same situation: the number of foreclosed homes sold in Texas is vanishing. Foreclosures accounted a small percentage of Texas home sales, the same study shows. However, monthly numbers show that more Texas properties slipped into the foreclosure process, but they didn’t ranked less than the national average. Prospective Texas homeowners are [...]
There were voices saying that the housing market will recover by the end of the year. Well, the National Association of Real Estate Writers annual conference held in San Antonio opened the eyes of many, by highlighting severe problems the US housing struggles. As a conclusion: the housing market is going to take a long [...]
Foreclosure Listing Service issued their latest report regarding the foreclosure market and the figures are encouraging. A total of 1,143 foreclosure notices were filed in the Bexar County Courthouse for the upcoming July auction. This means a huge 27% decline from the 1,561 posting filed for the sale period last year, according to the recent [...]
June will be a rocky months for San Antonio area hotels, with eight set to hit the auction block, according to recent county records. The Bexar County courthouse was the place where investors could place their bids on four of the hotels during the monthly foreclosure auction. The other four are open for bids on [...]
According to recent data published by RealtyTrac, Bexar County recorded 645 new foreclosures for June, out of 5,310 foreclosure homes recorded till mid-year. San Antonio ranks first with its 598 foreclosures recorded for this month’s foreclosure auction, which means one household out of 974 placing the city in the medium level. San Antonio is followed [...]
While there are some light declines in Texas, home values are continuing to maintain their value in the first three months of 2011, indicating that the economic recovery continues in Texas. “While Texas has not been untouched by the recent economic downturn as indicated by the decrease in sales, it is encouraging to see home [...]
