DFW foreclosures trending toward decade lowDFW foreclosures trending toward decade lowhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=62372013-09-24T11:21:00Z2013-09-24T10:00:00Z

DALLAS-FORT WORTH - North Texas’ home foreclosure filings are about 45 percent lower than they were at this time last year. If current trends continue, foreclosure postings for DFW this year will be the lowest in almost a decade.

Only about 2,000 DFW homes are scheduled for forced sale by lenders at next month’s property auctions, according to Foreclosure Listing Service.

That’s about a third of the monthly foreclosure posting volume the four-county area saw during the worst of the recession in 2009 and 2010.

Through the first ten months of 2013, lenders have posted almost 25,000 DFW homes for foreclosure sale — a 40 percent drop from the same period in 2012.

Residential Properties Scheduled for Oct. Foreclosure Auction
Area Oct. 2013 Y-O-Y
Dallas County 867 -45%
Tarrant County 737 -35%
Collin County 205 -56%
Denton County 190 -55%
Dallas-Fort Worth 1,999 -45%

Read more at the Dallas Morning News.

Dallas Morning News
Dallas-Fort Worth-Arlington
http://www.dallasnews.com/business/residential-real-estate/20130920-dallas-area-home-foreclosures-trending-toward-decade-low.eceRead more at {Source}

 Search NewsTalk Texas