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April foreclosure numbers show Texas housing stability havenApril foreclosure numbers show Texas housing stability havenhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=4912015-07-03T06:47:00Z2015-07-03T09:00:00Z

TEXAS - The Lone Star State continues to be a bright spot for Americans seeking a stable, affordable place to own a home using April 2015 numbers.

Low home foreclosure and appreciation rates point toward a housing market that’s relatively affordable now and likely to stay that way for the immediate future.

April 2015 data from FindTheHome shows 0.21 percent of Texas homes in foreclosure, compared to 0.48 percent of home across the United States.

Fewer Texans are behind on their mortgage payments as well, with only 0.90 percent of homes more than 90 days delinquent on mortgage payments, against 1.32 percent nationwide.

Texas foreclosure rates are down 19.35 percent from a year ago, compared to a 27.15 percent drop nationwide, and delinquent mortgages are also decreasing more slowly.

Take a look at Texas counties at the Houston Chronicle.

tag: Houston NewsTalk, Houston Market Research

Houston Chronicle
Houston-The Woodlands-Sugar Land
Housing
http://blog.chron.com/ontheblock/2015/06/april-2015-foreclosure-numbers-show-texas-is-a-haven-for-homeowners-seeking-stability/Read more at {Source}

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