Tuesday, May 30, 2006

Buddy, can you spare a house payment?

It could be worse. You could own a home in Iraq.

But home foreclosures in TX are UP, says RealtyTrac.

Texas foreclosure filings increased in April, ending two straight months of decreases and boosting the state’s foreclosure rate to one foreclosure filing for every 582 households — third highest among all the states and more than twice the national average. A total of 13,829 Texas properties entered some stage of foreclosure in April, a 16 percent increase from the previous month and a 22 percent increase from April 2005.

Dallas-Ft. Worth has third worst rate in USA.

San Antone 8th worst.

Austin-San Marcos 12th.

Houston-Galveston-Brazoria is 25th.
[Foreclosure rankings by SMSA]

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