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John Williams

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Real Estate Options of Texas
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RealtyTrac October Newsletter

October 21st, 2011


Nationwide Agent Network

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John Williams
R.E.O. of Texas LLC
2404 S. Grand Blvd. Ste. 220A, Pearland, TX 77581
Our business is people, our product is real estate. We have all the options under the Texas sun.
Phone: 713-492-1163
Email: reootx@gmail.com
License #: 0565428
October 2011 Volume 5, Issue 15
6 month Texas Foreclosure Trends
NOD
NTS
NFS
LIS
REO
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Texas Foreclosure Activity Falls in August

Foreclosure filings — default notices, scheduled auctions and bank repossessions — fell in Texas, where 10,148 properties were reported in August, a 4 percent decrease from July and 29 percent below the level reported for August 2010, according to the latest RealtyTrac® U.S. Foreclosure Market Report. Complete Story

Foreclosure Activity on Slow Burn

By RealtyTrac Staff

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 610,337 properties in the third quarter, an increase of less than 1 percent from the previous quarter and a decrease of 34 percent from the third quarter of 2010, according to RealtyTrac. The report shows one in every 213 U.S. housing units with a foreclosure filing during the quarter. Foreclosure filings were reported on 214,855 U.S. properties in September, a 6 percent decrease from August and a 38 percent decrease from September 2010. September marked the 12th straight month where foreclosure activity decreased on a year-over-year basis. Complete Story

Here are some of the most recent Investment opportunities in the area.

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Bank-Owned
Park Meadow Dr
Houston,
TX 77089
  • Amount
  • $194,400
  • Beds/Bath
  • Sq. FT
  • 4/3
  • 3,260
Property Type Address Amount Default Sq. Ft.  
Auction
Auction Date: 11/1/11
Sagevale Ln,
Houston, TX 77089
$97,344 N/A 2,076 GET DETAILS
View more properties in Harris County

Slideshow: Why Isn't Real Estate Rebounding?

By Jim Saccacio, RealtyTrac CEO

In this presentation given to the North Dallas Chamber of Commerce, RealtyTrac CEO James Saccacio shows how the real estate recovery has been stalled by low consumer confidence, weak demand, government intervention, sloppy foreclosure practices and the infamous shadow inventory. The presentation digs into the true numbers behind the shadow inventory and proposes one simple solution from Saccacio to erase a big chunk of the shadow inventory without heavy-handed government intervention. Complete Story

Foreclosure Trends : August, 2011
National Texas Harris CTY
NODs 40,765 5 0
NTSs 63,347 6,327 1,560
NFSs 21,058 0 0
LISs 38,115 0 0
REOs 64,813 3,816 925

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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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