Ruby, a 7-year-old corgi mix, is still looking for a home, but many other dogs and cats from the Operation Kindness animal shelter found new owners this weekend.
Dallas News Full story
Tuesday, July 15, 2008
N. Texas home foreclosures ease in some areas
Dallas Business Journal (June 2008) - The number of July home foreclosures in the Dallas-Fort Worth area rose 33 percent from a year ago but was down 2 percent from June.
Postings set for the upcoming auctions in July reached 3,747 in Dallas-Fort Worth, with notices in Dallas County numbering 1,651, up 22 percent from a year ago but down 4 percent from June. Tarrant County notices reached 1,212, up 38 percent from a year ago and up 3 percent from June.
The number of July foreclosure notices were lower than in June in five out of 10 counties covered by Foreclosure Listing Service Inc. Besides Dallas County, the numbers were lower than in June in Denton (down 12 percent), Johnson (down 8 percent), Parker (down 2 percent) and Kaufman (down 19 percent) counties.
Postings set for the upcoming auctions in July reached 3,747 in Dallas-Fort Worth, with notices in Dallas County numbering 1,651, up 22 percent from a year ago but down 4 percent from June. Tarrant County notices reached 1,212, up 38 percent from a year ago and up 3 percent from June.
The number of July foreclosure notices were lower than in June in five out of 10 counties covered by Foreclosure Listing Service Inc. Besides Dallas County, the numbers were lower than in June in Denton (down 12 percent), Johnson (down 8 percent), Parker (down 2 percent) and Kaufman (down 19 percent) counties.
Texas Real Estate Slump Lets Mexicans Take It Back (Update1)
June 25 (Bloomberg) -- More than a century and a half after Mexico lost Texas to the U.S., Virgilio Garza wants a piece of it back.
A ``Texas for Sale'' sign and cowgirls in boots and white hats greeted Garza at the Convex center in Monterrey, Mexico, earlier this month. A Monterrey developer and investor, Garza was in search of foreclosed U.S. property to buy.
``Texas is like our home,'' said Garza, 45, who joined hundreds of Mexicans poring over lists of Texas properties at the four-day event. Garza, who owns manufacturing sites and other land in Mexico, said he and five partners may invest as much as $8 million in Texas. ``We believe there can be some opportunities.''
Full story on Bloomberg
A ``Texas for Sale'' sign and cowgirls in boots and white hats greeted Garza at the Convex center in Monterrey, Mexico, earlier this month. A Monterrey developer and investor, Garza was in search of foreclosed U.S. property to buy.
``Texas is like our home,'' said Garza, 45, who joined hundreds of Mexicans poring over lists of Texas properties at the four-day event. Garza, who owns manufacturing sites and other land in Mexico, said he and five partners may invest as much as $8 million in Texas. ``We believe there can be some opportunities.''
Full story on Bloomberg
Friday, July 4, 2008
Dallas Home Foreclosures Double for $1 Million & Up
The Dallas Morning News reports in July, 2008 that Dallas luxury home foreclosures of $1 Million and up have doubled in the DFW area. This means the mortgage industry problems are rising among affluent homeowners. "Foreclosures of million-dollar-plus houses are the fastest-growing segment of the Dallas-Fort Worth distressed home market, according to a new study. "
"More than 70 residences that went for $1 million and up have been posted for foreclosure in the first half of 2008 – more than twice the number in the same period last year, Addison-based Foreclosure Listing Service said Thursday. "
Full Story.
Texas Foreclosure Property
"More than 70 residences that went for $1 million and up have been posted for foreclosure in the first half of 2008 – more than twice the number in the same period last year, Addison-based Foreclosure Listing Service said Thursday. "
Full Story.
Texas Foreclosure Property
Foreclosures of luxury homes on the rise in DFW
Thursday, July 3, 2008 - 5:56 PM CDT
Dallas Business Journal reports that
"Local foreclosures of million-dollar homes have more than doubled in the first half this year from a year ago, according to a recent survey by Foreclosure Listing Service, Inc."
"Although foreclosures of executive and luxury homes made up just 7 percent of postings filed in the first half, foreclosures on homes worth $1 million or more has surged 112 percent in the Dallas-Fort Worth area, the biggest gain out of all housing segments, according to Addison-based Foreclosure Listing Service. "
Texas Foreclosure Homes
Dallas Business Journal reports that
"Local foreclosures of million-dollar homes have more than doubled in the first half this year from a year ago, according to a recent survey by Foreclosure Listing Service, Inc."
"Although foreclosures of executive and luxury homes made up just 7 percent of postings filed in the first half, foreclosures on homes worth $1 million or more has surged 112 percent in the Dallas-Fort Worth area, the biggest gain out of all housing segments, according to Addison-based Foreclosure Listing Service. "
Texas Foreclosure Homes
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