DFW foreclosures rise in April, but still relatively low

DALLAS-FORT WORTH – After months of declines, April saw a jump in the number of North Texas homes facing foreclosure.

Lenders have scheduled foreclosure sales for more 1,681 homes in DFW — a 14 percent increase from foreclosure filings in April 2014.

Next month’s foreclosure posting volume in the four-county area is at the highest level in a year, according to data from Addison-based Foreclosure Listing Service.

The largest foreclosure posting increase is in Dallas County where they number of homes facing forced sale next month is up about 15 percent from a year ago.

Even with April’s increase, home foreclosure filings in North Texas are down about 15 percent from the first four months of 2014.

Foreclosure filings in North Texas in 2014 were at the lowest level in 13 years.

The number of home foreclosure postings in North Texas last year fell 26 percent from 2013 totals. Foreclosure filings this year were less than a third of what they were in 2010 during the worst of the housing sector shakeout.