Friday, February 13, 2009

D-FW home foreclosure filings hit record level

Dallas-Fort Worth area foreclosure filings inched up by only 3 percent this month compared with a year ago.

But it was enough to push foreclosure postings for the first quarter of 2009 to a record level.

More than 13,000 foreclosure postings have been recorded for the first three months of this year, Addison-based Foreclosure Listing Service said Thursday. That’s a 1 percent increase from first quarter 2008.

More than 4,200 D-FW area homes are threatened for foreclosure at the next sale in early March.

Collin County saw the biggest jump in month foreclosure filings – up 9 percent from a year ago.

Dallas-Fort Worth area foreclosure postings
Residential properties scheduled for foreclosure auction in March for each of the counties and change from a year ago:
Dallas County 1,912 1%
Tarrant County 1,340 2%
Collin County 539 9%
Denton County 485 4%
DFW area 4,276 3%
SOURCE: Foreclosure Listing Service
Steve Brown