Market conditions seem to be improving in the beautiful state of Texas. For the month of April, Texas foreclosures rate has dropped by a considerable 10 percent with only 11,424 filings. Comparing the state’s foreclosure filings in April 2006, the rate has decreased by 17 percent. The “Lone Star” now occupies the fourth place among the states with the highest foreclosures rate, relinquishing its third spot to Ohio. In summary, the number of homes in Texas foreclosure listings represented almost 8 percent of the nation’s total.
Continue Reading: Texas Foreclosures Activity Declines
