Wednesday, March 21, 2012

Dallas-Fort Worth home foreclosure filings for April are down 22 percent

Foreclosure filings are down by more than 20 percent this year in North Texas.
Home foreclosure filings in the Dallas-Fort Worth area are down 22 percent for April from a year ago.
And so far there is no sign of an expected bump in home foreclosure postings.
Lenders have posted 4,013 D-FW homes for forced sale at next month’s auction, according to data from Foreclosure Listing Service Inc. It’s the 14th consecutive month that foreclosure filings in North Texas have declined from year-ago levels.
So far in 2012, foreclosure filings are 21 percent lower than in the first four months of 2011.
Analysts have been expecting a jump in foreclosure postings since lenders reached a settlement with state attorneys general earlier this year that allows them to move ahead with some foreclosures that were delayed.
“I thought we would see the increase this month,” said George Roddy, president of Addison-based Foreclosure Listing Service, which tracks the filings. “From stories I hear, there are still lots of properties out there that haven’t been touched yet by the lenders...