North Texas home foreclosures fall to lowest level since 2005
2:47AM Monday
December 31, 2012

DALLAS (WBAP 24/7 News) - North Texas home foreclosures have been slowly declining in recent years.

But Dallas-Fort Worth foreclosure postings for January have fallen at an even sharper rate.

Just under 2,400 area homes are threatened with forced sale by lenders next month. That's a 42 percent decline from January 2012, according to the Addison-based Foreclosure Listing Service.

Records indicate that monthly foreclosure filings haven't been so low in North Texas since mid-2005.

The all-time high for monthly foreclosures was in April 2010, when 6,168 filings were recorded by Foreclosure Listing Service.

Annual home foreclosure postings in the D-FW area peaked in 2010 with almost 64,000 residential filings.

For 2012, foreclosure postings fell to less than 49,000, according to Foreclosure Listing Service.

(Copyright 2012 WBAP 24/7 News. All Rights Reserved.)

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