North Texas Foreclosures Decrease for June’s Auction

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According to a spokesman for Addison-based Foreclosure Listing Service, foreclosures scheduled for June 2009 in Dallas, Tarrant, Collin, and Denton Counties have decreased by 10% from the figures for May. However, even those rates are up from the same period in 2008 by 40% in Tarrant County, 39% in Collin County, 25% in Dallas County, and 22% in Denton County.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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