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Rising Foreclosure: Ready To Set New Record

Thursday, April 2nd, 2009

In Colin County, the newest data shows that a record figure of foreclosed homes will go on to the market next month. This is by Danny Gallagher, McKinney Courier-Gazette.
Together with Collin County, home foreclosure sustained to scale up across the Dallas-Fort Worth Metroplex also. Collin County had the second highest monthly boost for April.
According to [...]

Obama Unveils Plan to Decrease Foreclosure in Texas

Friday, February 20th, 2009

At least one in three homeowners in Texas will probably be affected by the large number of foreclosures across the state as said a Senate committee on Wednesday.
The housing experts said that, about 96,000 foreclosures statewide last year and similar number expected this year will not only affect those who lose homes, but also their [...]

McLennan County Foreclosures Makes a Record

Thursday, January 8th, 2009

The rate of foreclosure has gone up in McLennan County. The number of foreclosure postings has been high in December and throughout the year. A total number of 1,110 foreclosure postings have been recorded till date. This shows a 13 percent increase from the figure last year that was 909. The total number of foreclosures [...]

Foreclosure Spurt in Collin County

Monday, December 22nd, 2008

Collin County and the whole of Dallas-Fort Worth Metroplex real estate area witnessed a huge increase in its number of foreclosure filings this year. The annual report on foreclosure has been released by some listing service for the counties of Collin, Tarrant, Denton, and Dallas. All of them witnessed average to big increases in their [...]

Being Optimistic About Foreclosures

Thursday, June 26th, 2008

A leading information portal, Foreclosures.com has recently claimed that the foreclosure tide may have finally started turning.

Specialising in foreclosure related information the company supports its claims with figures that show that the rate of foreclosures appears to be dropping over April and May of this year. The data shows that not only has [...]

Federal Help Needed To Combat Foreclosures

Wednesday, June 25th, 2008

Rising foreclosures are affecting state economies and the after effects are being felt in every quarter.

Real estate analysts predict that the situation will start improving post 2009, although foreclosures will continue to take place throughout the decade. In the meantime however every kind of credit quality is experiencing delinquency in payments where earlier subprime [...]

Foreclosure Situation In Texas Under Control

Tuesday, June 10th, 2008

Today Texas ranks 17th in the nation on foreclosure rates. Compared to states like California, Florida and Ohio the rate of increase in foreclosures in this state is not disturbing. In fact experts consider it to be quite stable. Here for every 809 households, one may face foreclosure. Nationally, however, one in every 519 households [...]

Are Homebuyers At Walk Away Price?

Monday, June 9th, 2008

According to the Conference Board, consumer confidence is at its lowest in the last 16 years. Since 1982, consumers have not faced such a bleak future in terms of jobs and inflation. With housing prices at low ebb, gasoline costing more and inflation affecting food and medical bills, consumers are indeed hard hit.

This is [...]

Bay Area Faces Mass Foreclosure Problems

Tuesday, May 13th, 2008

A couple who returned a few months back to their mortgaged property in the Bay Area, after having spent a short vacation at Fort Bliss of Texas, have ceased unpacking even now as the situation is still very dicey in their area. Whenever they have tried to contact their lender for a modification in [...]

Lee County Foreclosure Figures Peak, But Don’t Show Correct Picture

Thursday, May 8th, 2008

Data released this Thursday for Lee County shows that the latest April foreclosure figures were at their peak, but there is a catch to the whole number game. Though they seem to be at their highest level of all time, these foreclosed properties are not being auctioned or sold to new buyers, causing an abnormal [...]

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