Texas Foreclosure News

Group Launches Texas Foreclosure Prevention Task Force

San Antonio Foreclosure Banks Have Seen Better Times

Study: Texas Takes No. 3 Spot in Foreclosure Totals

How To Get A Good Deal on Foreclosed Houses

Nationally, One In 500 Homes Are Foreclosed

Foreclosure-driven Reassessments, Squatters & Auctions: America's New Real Estate Market

March 21, 2008

California has been particularly hard hit by the real estate crisis. Local governments are hard-pressed to keep up with the reassessment process. Some don’t even have the staff to reassess property in a timely fashion. In an interview, one county official told a California newspaper reporter that the job was humongous, and was beyond the ability of local governments to complete in a timely fashion with current staffing.

Full Story

Now is the perfect time to consult a California agent and invest in foreclosed homes in California.

Foreclosed Homes: A Local Blight

The peach-colored house in a modest subdivision near downtown Modesto, Calif., used to be someone's dream home. But it stands out in a row of similarly hued homes where many have a "For Sale" sign planted in their front yards.

Full Story

If interested in foreclosed homes in California, see Modesto investment properties.

Where To Find Million-Dollar Foreclosures

There are plenty of million dollar-plus homes out there, in good neighborhoods, which have fallen into foreclosure as the result of shoddy lending practices, speculative buyers and homeowners walking away from a negative equity situation.

Full Story

Find foreclosed homes in California at Stockton investment properties.

North Texas Home Foreclosures on the Rise

Home foreclosure postings filed for April jumped 19 percent in the Dallas-Fort Worth area, with Denton County's figure up 40 percent from a year ago.

Homes facing foreclosure in Dallas County increased 14 percent to 1,814 homes from 1,597 last April, while the figure in Tarrant County rose 21 percent to 1,288 homes from 1,066. Collin County postings grew 17 percent to 542 homes from 465 last year.

The second highest increase was in Grayson County, with a 23 percent jump to 48 homes from 39, while Ellis County had 91 homes listed, up 20 percent from 76 last April.

Year-to-date foreclosures surged 21 percent for the Dallas-Forth Worth area to 17,258 homes, up from 14,308 in the same period last year. The number rose 15 percent in Dallas County to 7,714 homes and was up 27 percent in Tarrant County to 5,591.

Full Story

DeSoto Neighborhood Hit Hard by Foreclosures

A Dallas Morning News analysis of residential foreclosures shows the housing mess extends across North Texas – from high-end urban settings to far-flung suburbs.

But few neighborhoods have been hit like Candle Meadow subdivision in Desoto, where the dream of homeownership has wilted along Mulberry, Lilac, Gardenia, Daisy and surrounding streets." - The Dallas Morning News

See Full Story with a list of Top 10 The D-FW cities with the most foreclosures in 2007.

Even Amid Slump, House-flipping Thrives

In Fort Worth, Despite the slump in home sales, investors say their area is still ripe for house-flipping. The key is buying the home at a bare-minimum price so that, even with the expense of remodeling, it can be sold for a clear profit.

Full Story

As Foreclosure Trend Continues, New Trend in Buying Emerges

While 2007 saw some of the highest rates of foreclosure many states have recorded in decades, new statistics released by BankForeclosuresSale.com show that during the first month of 2008 foreclosures rose 8% nationwide, setting the stage for what many economists and housing market analysts are predicting could be the biggest year yet for new foreclosures. The figures for January of 2008 were also almost 60% higher than they were during January 2007, showing both the sheer volume of properties coming on to the market, as well as the progressive nature of the phenomenon.

Full Story

Invest on a foreclosed property in California now at Sacramento Investment Properties.

California Foreclosure Bill Fails

California's state senate narrowly defeated a bill Wednesday that targeted the growing problem of foreclosed homes sitting vacant for months, drawing squatters and creating blight.

Full Story

It is an issue that truly aggravates the problem on increasing number of foreclosed California investment properties. However, proponents of the California Foreclosure Bill failed to gain legal resolution in the state senate.