DALLAS-FORT WORTH - Booming home sales and record residential prices in North Texas have helped push DFW area home foreclosure filings to the lowest level in more than ten years.
Fewer than 1,400 houses in the four-county area are posted for forced sale by lenders in June — an almost 50 percent drop from June 2013, according to data from Addison-based Foreclosure Listing Services.
Monthly home foreclosure filings are now at less than a quarter of the volume at the worst of the recession in 2010.
For the first half of 2014, home foreclosure filings in the area are down by more than a third from the same period last year.
The biggest June declines in foreclosures were in Collin and Denton counties, where filings fell by about 53 percent from a year ago. Foreclosure postings were down 49 percent in Dallas County and 51 percent in Tarrant County.
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