Although Harris County foreclosure postings and actual foreclosures on commercial and residential real estate are up in June compare to last month, there are voices saying the increase can be attributed to a five-week posting period between May and June. The number of postings show an increase, but still, these numbers seem to be [...]
Houston-area residential and commercial foreclosures have dropped for the third month in a row. Property sales that were foreclosures accounted only 19.8% of all sales last month, down from 22% in April and 23.5% in March, according to multiple listing service data published by the Houston Association of Realtors. The percentage of foreclosure sales are [...]
According to RealtyTrac’s latest report default notices, scheduled auctions and bank repossessions hit 8,793 properties in April, which is a 20% drop from March and 33% below the level reported a year prior. Foreclosure hit one in every 1,106 Texas housing units in April, placing Texas in position as the state with the nation’s 29th [...]
According to the most recent Multiple Listing Service (MLS) data sales of existing single-family homes in Texas dropped in April by 18% from a year ago. Just over 18,000 existing homes were sold during April, and the median home price declined 1% to $145,000 and the state’s overall inventory reached 7.8 months. The stats show [...]
