North Texas home foreclosure filings are down again.
The number of homes facing foreclosure in the Dallas-Fort Worth area next month is 7 percent below where it was a year ago, according to statistics released Friday from Foreclosure Listing Service.
July’s foreclosure filings include 5,654 D-FW residential properties, the Addison-based foreclosure tracking firm said.
Foreclosure filings in April and May were also lower than a year ago, giving hope that record home loan defaults in the D-FW area are easing.
“While this is certainly not an indication that the residential foreclosure crunch is over, it is welcomed news that we have seen a decline for three months in a row in same-month to same-month postings,” Foreclosure Listing Service president George Roddy said in a statement.
By Steve Brown, The Dallas Morning News, Friday, June 18, 2010
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nice post. thanks.