1 in 730 in TX; 1 in 69 in NV

June 1, 2010 at 11:10 am Leave a comment

Thanks to our friends at Austin Title Midtown …

An excerpt of the Texas Economic Update released by SigmaBleyzer, an economics forecasting and private equity firm out of Houston:

"Historically low rates and more affordable house prices should support housing markets as the first time homebuyer tax credit expires.  Still, local markets that were hardest hit by the housing bust may face prolonged recovery as more fail to service their debt.  In fact, in the first quarter of 2010, over 10% of all loans were late (up from 9.5% at the end of 2009).  Yet, according to Realty Trac, only one in 730 housing units in Texas was in foreclosure in April (compared to one in 69 in Nevada, one in 181 in Florida, and one in 192 in California)."

The Nelson Project at Keller Williams Realty in Austin strives to bring you valuable real estate information and news through this blog and our other online resources.  Find more about The Nelson Project and search for Austin homes at www.TheNelsonProject.com.

© Julie Nelson and The Nelson Project at Keller Williams Reatly, 2008-2010. Unauthorized use and/or duplication of this material without express and written permission from this blog’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Julie Nelson and The Nelson Project at Keller Williams Realty with appropriate and specific direction to the original content.

Technorati Tags: ,,,

Advertisements

Entry filed under: In the News.

Seller Financing Changes as of May 31st, 2010 Is a distressed property the right deal for you?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Email Us

Call US
512-848-5881

Categories

© Julie Nelson and The Nelson Project at Keller Williams Reatly, 2016-2020. Unauthorized use and/or duplication of this material without express and written permission from this blog’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Julie Nelson and The Nelson Project at Keller Williams Realty with appropriate and specific direction to the original content.

%d bloggers like this: