SAN FRANCISCO (RealtyTrac) – The four major Texas metros had increases in residential foreclosures in the first quarter of this year, according to RealtyTrac statistics released yesterday.
Austin–Round Rock fared best, although foreclosure filings increased to 2,908 properties and 0.44 percent of the area’s total housing units. Filings increased 20.51 percent from fourth quarter 2009 and 27.26 percent from first quarter 2009.
In Dallas–Fort Worth–Arlington, foreclosures were filed for 13,637 properties, 0.57 percent of the area’s housing units. This was a 28.3 percent increase in filings from the previous quarter and a 56.95 percent increase from first quarter 2009.
Foreclosure filings in Houston–Sugar Land–Baytown totaled 11,223 last quarter, which represents 0.5 percent of its housing units. Filings were up 27.01 percent from fourth quarter 2009 and 63.2 percent from first quarter 2009.
San Antonio foreclosure filings hit 3,569 for the first three months of 2010, representing 0.46 percent of the city’s housing units. The number of filings was 21.89 percent more than in fourth quarter 2009 and 25.23 percent more than in first quarter 2009.