- Image by respres via Flickr
Dallas Fort Worth Foreclosures went up about 32% from the comparable (third) quarter last year. That’s really saying something. An incredible number of almost 16,000 homes defaulting, just this quarter alone. Collin, Denton, and Tarrant counties all set record foreclosure numbers this quarter. About 45,000 homes have defaulted this year.
The Business Press says that since 2000 The area has quadrupled it’s foreclosures.
August 19th, 2009 at
I am not sure if anyone could or does track this but with the increase in foreclosures postings over the last year or so it would be interesting to know two back stories.
How many of these postings actually make to the court house auctions? In other words how many owners have been able to renegotiate their terms in order to avoid the auction.
And related to this – how many of the postings in the past ear are repeats from prior months - where the owners have successfully fended off foreclosure only to loose it in the subsequent months.