Collin County and Dallas Forclosure Trends – Sept 2009

November 18th, 2009 by Texas Home Central

There were 2,869 foreclosed homes in Collin County in September 2009 with 452 new foreclosed homes.  The average sales price for all Collin County and Dallas homes was $274,216 and the average sales price of a foreclosed home was $172,788, a $101,428 savings,  according to RealtyTrac.com.

Collin County and Dallas Foreclosure Activity and Home Price Index

Collin County and Dallas foreclosure activity decreased  in September with 489 foreclosures in August and 479 in September. 
 forecl-sept 2009                                  

Collin County and Dallas foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Collin County and Dallas Foreclosure Geographical Comparison

Collin County/Dallas foreclosure activity is 0.10% lower than national statistics and 0.03% higher than Texas figures.

geo-sept 2009               

Collin County and Dallas Foreclosure Activity by Month

The number of Bank-owned homes dropped from 201 homes in August to 176 homes in September.  Auctions increased from 271 in August to 303 in September.

trend-sept 2009                 Are you or someone you know behind on your mortgage payments and facing a Dallas foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home.  As a Certified Distressed Property Expert (CDPE), I have the skills and knowledge to help save you your home and your family. Give me a call for a private consultation.

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