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Bexar County foreclosures decline: RexReportBexar County foreclosures decline: RexReporthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=85252013-01-17T13:49:00Z2013-01-17T13:00:00Z

BEXAR COUNTY - According to RexReport, Bexar County are on the decline, falling to levels that have not been seen since before the housing bust. For February, lenders are moving to foreclose on 840 properties, a 34 percent drop compared to the same month last year.

The market has seen that downward trend for the past few years. In 2012 there were about 13,600 foreclosure postings, a 9.5 percent drop compared to 2011 when there were 15,024 foreclosures.

The decrease is driven by price increases, a rise in loan modifications, and a turnaround in the economy.

Foreclosure Postings
  Feb. YTD
2013 840 -
2012 1,268 13,600
2011 1,360 15,024


Read more at the San Antonio Express-News.

San Antonio Express-News
San Antonio-New Braunfels
Mixed-Use
http://www.mysanantonio.com/business/article/bexar-foreclosures-fall-4199462.phpRead more at {Source}

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