HOUSTON (Houston Business Journal) – Texas foreclosures rose 17 percent between August and September, with 13,216 default notices, scheduled auctions and bank repossessions filed last month.
Year over year, foreclosures were up 43.7 percent in September, according to RealtyTrac Inc.
Statewide foreclosures were 11.3 percent higher in the third quarter than in the second with 29,838 filings, and 8.7 percent above third quarter 2008.
Nationwide, filings fell 4 percent between August and September but were up 29.2 percent from September 2008, with over 340,000 filings.