Dallas-Fort Worth Real Estate Investor Club

Foreclosure Postings Continue to Climb in Ft. Worth and Arlington

  • 28 Oct 2011 6:20 PM
    Message # 736502
    Deleted user

    August foreclosure postings in Fort Worth-Arlington increased over the same period last year, according to newly released findings from data and analytics company CoreLogic. 

    Foreclosure postings in Fort Worth and Arlington was 1.63 percent in August 2011, compared with 1.54 percent a year ago, an increase of 0.09 percent.

    The national foreclosure postings for August stood at 3.43 percent, a 1.80 percentage point difference from the foreclosure activity in Fort Worth-Arlington.

    The percentage of loans that are more than 90 days delinquent, including those in foreclosure and REO (real estate owned), has decreased in Fort Worth and Arlington, the company reported.

    According to CoreLogic data for August 2011, 5.05 percent of mortgage loans were 90 days or more late, compared with 5.43 percent for the same period last year, representing a decrease of 0.38 percentage points.

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