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It looks like the Austin housing market is performing poorly, as the number of foreclosures went up. However, we aren’t talking about a dramatic increase but a light 0.05% rise, but it is still a rise, compared to a year prior. CoreLogic released its latest data covering October foreclosures in the Austin area, saying that [...]
CoreLogic released its latest report, which does not bring good news for the Austin housing market. Austin’s home foreclosure activity was up 1.08% in September, the report highlights. Another highlight of the report is the outstanding mortgage foreclosure rate, which also rose, 0.03% compared to the same period a year ago, when the foreclosure rate [...]
The same day Massachusetts Attorney General filed a lawsuit against the nation’s biggest bank over deceptive foreclosure practices, an Austin woman sued Bank of America over fraudulent foreclosure practices. Maria Gonzales filed a lawsuit in state District Court in Travis County alleging Bank of America fraudulently sough to foreclose on her home, the Statesman has [...]
Austin area recorded a slight increase in foreclosure rates – on a year-over-year basis –in July, data released Tuesday from CoreLogic Inc. reveals. Foreclosures in the Austin-Round Rock-San Marcos area are up by 0.08% in July to 1.08%, up from 1 % in a year prior. The foreclosure rate for Texas is 1.48% for the [...]
Hays County joins the line of its adjacent counties, as it recorded a a significant drop in foreclosures listed for October. The recent figures released by the Foreclosure Listing Service Hays County recorded 99 properties scheduled for public auction Oct. 4, a 15% drop from a year prior, when the total number of scheduled properties [...]
Austin area foreclosures fell below the 1,200 milestone for the sixth consecutive month. However, analysts say the number of foreclosures are still high and there is no hope for the shadow inventory to shrink. According to recent statistics published by the Foreclosure Listing Service the upcoming Oct. 4 foreclosure auctions in Travis, Williamson, Hays and [...]
The number of locals fighting against foreclosure is continuously growing. Now Gloria Harris is part of the group that gathered power to fight against banks and the wrongful foreclosure process. Her story begins in 2007. Gloria Harris co-owns the home on Lockwood Avenue with her elderly father. Working as a lunchroom assistant, she knew that [...]
Homes sales are up 32% compared to the same month a year ago, Austin Board of Realtors reported this week. But not all news are positive: the median sales price fell 11%, indicating a shift demand from higher to lower-priced homes. The report notes that July brought 1,973 home sales, compared with 1,499 in July [...]
Central Texas follows the national trend: foreclosure postings fell to their lowest level in more than two years, according to latest figures released by the Foreclosure Listing Service. The exact number of properties posted for September 6 foreclosure auctions in Travis, Williamson, Hays and Bastrop counties declined to 3,197 listings, which makes a 20% decline [...]
The Austin-area recorded 1,873 single-family home sales in July 2011, according to the MLS’ (Multiple Listing Service) latest report, released on August 18 by the Austin Board of Realtors. This number is up 32% compared to the same period a year ago. However, on the median price for Austin homes dropped 11% from a year [...]