Foreclosure listings are at a multi-month low for central Texas housing according to new information that was recently released from Foreclosure Listing Service Inc.
Although this drop in foreclosure listing is a good and positive sign, experts say do not let this be a signal that a turn-around has taken place. It will likely be many months before data begins to indicate a real shift in the housing market foreclosure rate. It should also be known that the rate of foreclosures are still higher than they were a year ago, although this news may indicate a slow-down to a high-rate of foreclosures.
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