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Unread 11-20-2010, 07:20 AM
 
Location: Tower of Heaven
4,032 posts, read 3,067,896 times
Reputation: 1362
Thumbs up Texas foreclosures well below national average

[LEFT]Texas was one of only seven states with a residential foreclosure rate below 1.85 percent for the third quarter.
The Texas Mortgage Bankers Association reported the foreclosure rate on residential mortgages in Texas fell to 1.82 percent for the third quarter, down from 1.95 percent in the third quarter of 2009.
The national average home foreclosure rate for the most recent quarter stood at 4.39 percent.

Texas foreclosures well below national average | Houston Business Journal
[/LEFT]
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Unread 11-21-2010, 02:10 AM
 
Location: Pennsylvania
12,189 posts, read 3,659,581 times
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I don't know the specifics, but my guesses would be Texas is probably one of those states that doesn't have a big 2nd home market like AZ, NV, and FL. Plus my other guess would be that a lot of the houses were much cheaper than the 3 aforementioned states to begin with but, I'm sure someone could come up with better reasons
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Unread 11-23-2010, 07:00 AM
 
2,379 posts, read 1,235,203 times
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interesting read for the Dallas area


Dallas Area Foreclosures Reach Unprecedented Levels
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Unread 11-23-2010, 09:13 AM
 
Location: Tower of Heaven
4,032 posts, read 3,067,896 times
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Quote:
Originally Posted by aliveandwellinSA View Post
interesting read for the Dallas area


Dallas Area Foreclosures Reach Unprecedented Levels
Dallas ? LOL.Certainly sad for you to see Texas in good shape !
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Unread 11-23-2010, 08:35 PM
 
2,379 posts, read 1,235,203 times
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try posting again, your comment makes no sense.
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