Dallas Experiencing Decline in Foreclosures
Across the country foreclosures are on the decline, especially in the Dallas area.
According to one real estate survey, this area of Texas saw foreclosures drop to 4.74 percent in June, down from 5.33 percent the year before. Dallas falls well below the current national foreclosure average of 7.22 percent, even though the housing market has been hurt equally hard in the state. In fact, Dallas has seen late mortgage payments decline over the past six months, giving those in the area hope that a shift in the housing market is on the horizon.
Based on current data, those individuals who have fallen behind on their payments for three months or longer are in the greatest danger of going into foreclosure. When you are in a similar position, don't wait to contact a South Texas foreclosure attorney from our law office. Once we are involved, we will do all that we can to help you remain in possession of your family's home. Call the
Malaise Law Firm now to set up your foreclosure
case evaluation.