Friday, December 12, 2008

Texas foreclosures down in November

From San Antonio Business Journal, December 11, 2008...

Texas’ real estate foreclosures declined during the month of November, and also are down compared with the same month last year.

According to a November report released Dec. 11 by Irvine, Calif.-based RealtyTrac, a total of 7,843 homes in Texas entered the foreclosure process, a 20 percent drop from October 2008 filings. This is a 32 percent decline from the number of Texas filings in November 2007.

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