Thursday, May 21, 2009

Collin County Foreclosures keep climbing

Foreclosure totals for the DFW area topped 12,000 for the last six consecutive fiscal quarters.

By Danny Gallagher, McKinney Courier-Gazette

Foreclosures not only saw a jump last month, but also for the last two quarters of 2009.

Foreclosed homes for both the Collin County and the Dallas-Fort Worth area jumped to record levels both last month and last quarter, according to data tabulated by the Foreclosure Listing Service of Fort Worth.

A total of 699 homes will go on the auction block in June from Collin County. That represents a 39 percent increase from June of 2009 when 502 homes went under foreclosure status, according to tabulated data.

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