From Austin Business Journal, March 4, 2009...
In the first quarter of the year, Travis, Williamson, Hays and Bastrop counties saw foreclosures among higher-end homes more than double, according to new data from Addison-based Foreclosure Listing Service Inc.
While 71 percent of the homes posted for foreclosure in the Austin metro area are still valued at under $200,000, the largest gains in first quarter home postings were among higher-end homes. George Roddy, president of FLS, said all four price categories of higher-end houses, which include executive homes and luxury homes, experienced a gain or 100 percent or more in foreclosure notices.
Read more...
Monday, March 9, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment