Foreclosure postings in the Dallas-Fort Worth area fell in July-September period to their lowest level in 11 quarters, a new report says. From July through Texas’ upcoming foreclosure auctions in September, 12,876 postings were filed on area homes, a 21% decline from the 16,229 postings recorded for the third quarter of last year, according to a report from Foreclosure Listing Service Inc. Postings also declined on a year-to-date basis, according to FLS. “For the first time in 11 years, year-to-date residential postings declined,” said George Roddy Sr., president of Foreclosure Listing Service. Through September, 42,380 postings have been filed threatening Dallas-area homes with foreclosure, a 12% decline from the 48,081 postings filed over the same period last year. The report covers the four counties in the Dallas-Fort Worth metro area: Dallas, Tarrant, Collin and Denton. All four saw foreclosure postings drop from a year earlier to their lowest levels in two years or more. Foreclosure postings increased for homes valued below $100,000, rising 7%, but dropped for all other price segments. Of the homes posted for foreclosure this year, 83% were priced under $200,000. “The average Joe is still the one feeling the pains of this foreclosure crisis,” said Roddy. So-called underwater postings, or those where homeowners owe more than their homes are worth, rose 34% to 11,807 so far this year from the same period a year earlier, to 11,807. They made up 28% of total residential foreclosure postings, up from 21% through September 2010 and 16% in the same period in 2009. On the flip side, though, the surge in underwater postings provides a “tremendous opportunity” for investors, he said. Write to Liz Enochs.
Dallas foreclosures drop to lowest level in almost three years
August 22, 2011, 5:11pm
Liz is a career journalist, and currently a senior editor with Charles Schwab. She joined HousingWire briefly in mid-2011 though early 2012.see full bio
Most Popular Articles
We are not ready for the next housing downturn
Pandemic-era forbearance and modifications relied on servicer liquidity supported by a refi boom and lower rates. If a downturn arrives amid inflation, policymakers may need new liquidity backstops to prevent servicer failures and borrower harm.
Jul 21, 2026
-
Michigan’s Whitmer steps up, signs single-stair reform into law
Jul 22, 2026 -
Mortgage rates hit yearly high as Iran conflict escalates
Jul 23, 2026 -
‘Tale of two’ Miami housing markets reflects changing priorities, international demand
Jul 23, 2026 -
New York outflows reshape housing demand in Texas and Florida
Jul 24, 2026 -
Don’t fall for a fake foreclosure crisis
Jul 24, 2026
Latest Articles
Kim Smith on SmartFi’s strategy to grow the reverse mortgage pie
The lender’s growth strategy hinges on “growing the pie” by equipping traditional, forward-centric loan officers with the tools and education needed to seamlessly offer reverse mortgages to their clients.
-
From weeks to minutes: How AI-native land acquisition is changing the game for homebuilders
-
Beyond the mortgage: Alex Song on how Made Card is building homeowner loyalty through everyday engagement
-
When your AI vendor gets it wrong, you’re still responsible
-
Home sales are positive but higher rates slowing demand
-
Coldwell Banker Warburg folds into Compass in New York
Liz is a career journalist, and currently a senior editor with Charles Schwab. She joined HousingWire briefly in mid-2011 though early 2012.see full bio