AUSTIN (Austin Business Journal) – In May, a total of 9,055 Texas homes entered the foreclosure process, a 3
percent increase from April according to Realty Trac Inc.
The total represents about one in every 1,074 houses in the state. This
amount, however, is down 19 percent compared to May 2010.
Nationally 214,927 homes entered foreclosure in May a 2 percent decrease
from April and a 33 percent decrease from May 2010.
Texas ranked 28th nationally in foreclosure rates.
