Home foreclosure filings have eased slightly in the Dallas-Fort Worth area.
Lenders posted 4,695 homes for forced sale next month – 4 percent less than a year ago.
And foreclosure filings in the four-county area were 20 percent lower than the almost 6,000 postings recorded last month, according to Foreclosure Listing Service.
“This is a very good sign that we could be leveling off,” George Roddy, CEO of the Addison-based foreclosure tracking firm said Thursday. “But you can’t get too excited because any decline from last month looks good.
“And one month does not make a trend,” he said. “We will just have to wait to see what happens next month.”
Still, it was the first time monthly foreclosure filings in the D-FW area were down on a year-to-year basis since October 2007.
And it was the lowest foreclosure total for a February sale in three years.
Collin County had the largest foreclosure filing decline – down 9 percent from a year ago. And foreclosure postings in Dallas County were 7 percent lower.
No comments:
Post a Comment