Foreclosure Activity in Dallas - Fort Worth Metroplex

Foreclosure Posting Activity - April 2009 Dallas/Fort Worth Metroplex Following Last Month's Dip in Postings, D/FW Homes Posted for the April Foreclosure Auctions Surged again & Topped 5,000 for the Second Time on Record. Residential Foreclosure Postings Climbed to New Record Highs in Denton & Collin Counties. The filing deadline has passed for foreclosure postings to be filed at county courthouses throughout the State of Texas for the upcoming foreclosure auctions on Tuesday, April 7th, 2009. Therefore, Foreclosure Listing Service, Inc. has completed our research of the April foreclosure postings. The following points offer a few highlights of these statistics. These quotes should be attributed to George Roddy, Sr., President of Foreclosure Listing Service, Inc. DALLAS/FORT WORTH METRO "Following last month's dip in foreclosure posting activity, postings filed on D/FW homes again surged for the April foreclosure auctions. For only the second time on record, home postings within the Metro topped 5,000." "In both Denton County & Collin County, a new monthly record high was reached with April's home postings. And, in Dallas and Tarrant Counties, home postings for the upcoming auction climbed to the second highest monthly level on record." "For the upcoming foreclosure auctions in the D/FW Metro, 5,213 postings have been filed on homes. This was a 27% hike above the 4,108 filed for the same month last year; and, compared to last month's 4,276 notices, there was a 22% increase." "The only other month that residential postings reached above 5,000 was in February of last year when the record level was achieved with 5,315 postings filed." "For the last 18 consecutive months, D/FW's residential posting activity has exceeded 3,600 postings each month." "So far this year, home postings were up 7% in the D/FW Metro with almost 18,500 postings filed for the first four auctions of this year." "With the various plans announced, you would think that postings might ease; but, that is not the case. At least not yet. We will simply have to wait to see if the outlined plans actually end up helping the average American homeowner or not."

AREA OR COUNTY # TOTAL RESI POSTINGS APR 2008 # TOTAL RESI POSTINGS APR 2009 % CHANGE FROM APR 2008 % CHANGE FROM PREVIOUS MONTH % CHANGE FROM APR 2007 % CHANGE FROM APR 2006 % CHANGE FROM APR 2005 D/FW METRO 4,108 5,213 27 % 22 % 51 % 78 % 68 % DALLAS 1,814 2,249 24 % 18 % 41 % 56 % 54 % TARRANT 1,288 1,700 32 % 27 % 59 % 91 % 71 % COLLIN 541 697 29 % 29 % 50 % 114 % 100 % DENTON 465 567 22 % 17 % 70 % 105 % 86 %

DENTON COUNTY "Setting a new all time record high for monthly home foreclosure postings, almost 570 postings were filed on Denton County homes for the April 7th foreclosure auction. This was only the fifth time that I have seen Denton County's monthly home postings top 500." "For the upcoming auction, 567 postings were filed on Denton County homes, which was a 22% gain over the 465 notices filed for the same month one year earlier."

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