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DALLAS FORECLOSURE POSTINGS RISE

DALLAS (Dallas Morning News) – Almost 6,000 area homes are scheduled for foreclosure auction next month, a 34 percent increase from a year ago, according to Addison-based Foreclosure Listing Service. This brings the number of foreclosure postings for 2009 to nearly 51,000. However, fewer than half of the homes set for forced sale each month are actually foreclosed on by the lender. In many cases,... [Read more]

Forecast says Dallas will be one of top 10 home markets for 2009

  02:23 PM CDT on Wednesday, September 9, 2009   By STEVE BROWN / The Dallas Morning News stevebrown@dallasnews.com   Despite continued sale declines, a new forecasts predicts the Dallas area will be one of the top home markets in the country this year. Fort Worth, Houston, San Antonio and Wichita Falls are also on the list of what are expected to be the 10 top-performing housing markets, according... [Read more]

HR 1728 Update

As many of you know, the US House of Representatives recently introduced a bill (HR 1728) that would restrict seller financing, and put the goverment into our business.  A quick update – the bill was sent to the Senate Banking committee, and has apparently stalled there.  Chris Dodd, Chairman of the committee, has said that the bill isn’t a top priority, implying that there is more important... [Read more]

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