Nationwide Agent Network |
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Phone: 713-492-1163
Email: reootx@gmail.com
License #: 0565428
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October 2011 Volume 5, Issue 15
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Texas Foreclosure Activity Falls in AugustForeclosure 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
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Foreclosure Activity on Slow BurnBy RealtyTrac StaffForeclosure 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
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Here are some of the most recent Investment opportunities in the area.
View more properties in Harris County
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Slideshow: Why Isn't Real Estate Rebounding?By Jim Saccacio, RealtyTrac CEOIn 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
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Foreclosure Trends : August, 2011
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