Dallas-area home foreclosure filings jump 31% from last year

by The Harrison Group on January 6, 2010

in Dallas market updates,Foreclosure Information

Foreclosures in Dallas TXThe number of Dallas-Fort Worth area homes scheduled for foreclosure next month jumped by almost a third from a year ago.

But foreclosure filings inched down a bit from the record highs recorded last month.
More than 5,000 homes in the four-county area are threatened with foreclosure at next month’s auctions, a rise of 31 percent from a year ago, Addison-based Foreclosure Listing Service said Thursday.

The biggest jumps were in Tarrant and Collin counties, where the volume has risen about 40 percent since last June.

Dallas County has the largest total number, with 2,150 filings.

Foreclosure Listing Service president George Roddy says he expects North Texas foreclosures to remain near current levels.

Click here for the full story…
By STEVE BROWN / The Dallas Morning News
stevebrown@dallasnews.com

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