Although five years have passes since the industry reached its highest level, most homebuilders see no improvement. The National Association of Home Builders said on Wednesday builder confidence fell this month to the lowest level since last fall. Builders cited ongoing concerns about weak consumer confidence, competition from foreclosure sales and now the rising costs [...]
Austin foreclosure filings have jumped a significant 27% in May. A total of 817 homes in the Austin-Round Rock region entered the foreclosure process during May, RealtyTrac reported on Thursday. This number represents about one in every 820 homes which is higher than the statewide one in every 1,074 properties rate. According to RealtyTrac’s report, [...]
Texas recorded a total of 66,783 foreclosure homes till the end of April 2011 according to RealtyTrac’s recent statistics.Although this sounds like a huge number is still less than year prior. Looking at the foreclosure market, the stats show a higher percentage of auctioned homes, reaching 56% out of the total, while bank repossessions fell [...]
According to the latest data released by RealtyTrac, Travis County recorded 2,934 homes foreclosures in until April of 2011 with an average foreclosure sales price of $203,552. There are a total of 335 new foreclosures in the County and Austin leads the list with 230 foreclosures. Pflugerville ranked second on the foreclosure list with only [...]
