From Austin Business Journal, October 23, 2008...
Texas’ real estate foreclosure numbers are down for the month of September and for the third quarter, compared with the prior quarter.
According to the September report compiled by Irvine, Calif.-based RealtyTrac, over the month of September, a total of 9,193 homes in Texas entered the foreclosure process — a 15.4 percent decline from the volume of filings posted in August 2008.
Even more impressive, the September 2008 numbers mark a 37.4 percent decline from the number of filings posted in Texas over the course of September 2007.
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Friday, October 24, 2008
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