Texas Foreclosures Down But Foreclosures of San Antonio’s High End Homes are Up

21 Mar Texas Foreclosures Down But Foreclosures of San Antonio’s High End Homes are Up

In Texas, February foreclosure filings dropped 14.1 percent from February 2008’s number according to RealtyTrac, a foreclosure listing firm. However, February 09’s numbers increased 7.9 percent from January 09 totals. And foreclosures for homes above $200,000 have increased in Bexar County (San Antonio). According to Foreclosure Listing Service Inc. out of Addison, foreclosure postings rose 65 percent for homes priced in the $200,000s, 71 percent for those priced between $300,000 and $499,999, and 40 percent for homes priced over $1 million.

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Jay S. Fleischman is a bankruptcy lawyer with offices in Los Angeles and New York. He can often be found on Google+ and Twitter, where he shares information about consumer protection issues and personal finance.
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