Foreclosures are going down! It's true! It was on the news last night, and I had to pause the TiVo to make sure I wrote down the numbers correctly.
The Dallas/Ft Worth Metroplex area had a 16% DROP in foreclosures compared to last year. WOW! They compared this to the National foreclosure rate that INCREASED 57%. That is a huge difference.
To put the number into perspective, approximately 10,700 houses started the foreclosure procedures last month.
For those of you who follow my blogs, this just reiterates what I keep saying, that it doesn't make sense to compare your local market to the National market if the facts show different results.
Remember, I work all of North Dallas County and Collin County including Richardson, Plano, Allen, Frisco, Carrollton, Garland, Rowlett, McKinney, etc... my car will take us anywhere you need to go!!
ARE YOU PACKED YET?!