Thursday, May 21, 2009

Dallas-area home foreclosure filings jump 31% from last year

May 14, 2009 By STEVE BROWN / The Dallas Morning News

The number of Dallas-Fort Worth area homes scheduled for foreclosure next month jumped by almost a third from a year ago.

But foreclosure filings inched down a bit from the record highs recorded last month.

More than 5,000 homes in the four-county area are threatened with foreclosure at next month's auctions, a rise of 31 percent from a year ago, Addison-based Foreclosure Listing Service said Thursday.

The biggest jumps were in Tarrant and Collin counties, where the volume has risen about 40 percent since last June.

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Rise in Tarrant County property values puzzles some homeowners

By ANTHONY SPANGLER May. 16, 2009

FORT WORTH — A reeling economy plus rising foreclosures plus a faltering housing market equals higher home values.

Sound like fuzzy math?

Thousands of property owners in Tarrant County may be asking that question. Roughly the same number of homeowners’ values increased as fell, but overall property values rose 4.6 percent in Tarrant County in the past year, according to preliminary data.

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