The greater San Antonio area recorded 4,933 foreclosure notices over the first six months of this year, according to the latest analysis by Irvine, Calif.-based RealtyTrac . That figure marks a 21% decline from last year. Looking at the bigger picture, a total of 1.2 million properties received a foreclosure notice during the first six [...]
Although recent statistics show a slowdown, the US economy is slowly recovering. The Perryman Group’s forecasts is a positive one, as latest job reports have been consistently positive and the housing market has been a drag on performance in many areas. Looking at Texas, the Perryman Group believes that the state weathered the recent recession [...]
According to the latest statistics lenders are moving to foreclose on 6.5% fewer properties for the Aug. 2 Bexar County auction a year ago. This is the fifth consecutive month the year-over-year postings level has dropped. But the trend doesn’t necessarily signal good times ahead. But this doesn’t mean the housing is on the right way. [...]
Foreclosure activity declined nationwide in the first six months of 2011, according to RealtyTrac’s recent report. In Texas a total of 55,442 homes received foreclosure notices during this period, making a nearly 15% drop from notices filed the period a year prior. But the national foreclosure numbers declined as well, with some exceptions. Delaware, Louisiana, [...]
The number of home sales declined almost 8% in the first six months of this year in San Antonio to 8,770 sales of existing homes by the end of June. On the other hand, the median price has risen 3.6% to $151,000 according to data published by the San Antonio Board of Realtors. Gaines said [...]
The foreclosure market is up compared to the same time in 2010 both in the commercial and residential sectors in North Texas, with $83 million worth of property up for auction on 7th August. This includes South West Center Mall having 538 square feet of shopping area. It is uncertain however until the bell rings [...]
Although Texas economy has seen lots of ups and downs, the Fort Bend area hold up better than other counties across the state. Looking back to last year, there were 197,030 total housing units in Fort Bend County, and increase of 81,000 from the 2000 census. This April 1,695 home were foreclosed on in Fort [...]
According to a press release issued by Springboard Nonprofit Consumer Credit Management the entity is the recipient of a $3 million federal grant through the National Foreclosure Mitigation Counseling (NFMC) Program administered by NeighborWorks America. This program was created four year ago by the Congress, with the aim to help homeowners in trouble and “Springboard [...]
The housing industry’s foreclosure rates continue their way down as a report shows July as the fifth consecutive month that foreclosure postings have dropped from last year’s highs. According to the latest report the number of homes posted for foreclosure in the July 5 foreclosure auctions throughout North Texas was down 28% compared with July [...]
