D-FW foreclosure postings hit new high

Dallas-Fort Worth area home foreclosure postings are hitting new highs, with more than 6,000 properties set for sale next month.

That’s a 62 percent jump from a year ago, according to Addison-based Foreclosure Listing Service.

The latest tally of foreclosure postings easily topped the last record of just over 5,500 filings for May’s auctions.

Many of the current filings are homes that have been previously scheduled for foreclosure but were not sold at auction by the lenders, Foreclosure Listing Service reports.

So far this year, more than 35,000 D-FW home foreclosure filings have been recorded – a 20 percent rise from the first seven months of 2008, Foreclosure Listing Service said Thursday.

In Dallas County, currently 2,579 homes are threatened with foreclosure – 56 percent more than a year ago.

Read more>