Travis County sets all time high on foreclosures

From KEYE, February 12, 2009...

Travis County has set a new all-time high of both monthly and quarterly foreclosures ever.

According to Foreclosure Listing Service, Inc foreclosures in Travis County surpassed 1,400 homes, surpassing the previous record set last quarter.

FLS says, “First Quarter’s posting activity climbed 12% in one quarter from the 1,321 notices filed for the Fourth Quarter of 2008.” Compare that year-to-year and the number is a much higher 43%.

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Foreclosures increase 52 percent

From Austin Business Journal, December 22, 2008...

Foreclosures for January 2009 rose 52 percent over the same month last year for the nine-county Central Texas region.

Postings filed for the upcoming Jan. 6 auction totaled 2,329 notices, compared with the 1,534 postings filed for the same month last year, according to Addison-based Foreclosure Listing Service Inc.

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