North Texas foreclosure filings increase after three months of declines

After three straight months of declines, North Texas home foreclosure filings have turned higher again.

More than 5,900 Dallas-Fort Worth homes are threatened with foreclosure sale next month. That's an 18 percent jump from a year ago, Addison-based Foreclosure Listing Service said Thursday.

"I thought we had seen a little mellowing in the foreclosure market – evidently not," said George Roddy, president of the Addison-based foreclosure tracking firm.

Foreclosure postings for September are at their highest level since April.

And so far in 2010, 48,081 foreclosure filings have been recorded in the area, an increase of 7 percent from the same period last year.

Foreclosures in the area are "setting a new record high for this nine-month period," Roddy said. "Year-to-date residential posting activity has increased in each of the four counties located within the D-FW area."

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