The Carvajal Group Blog

Foreclosure Down to New Low for Central Texas

July 20th, 2009

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.

If you are looking for Austin real estate, visit and search the Austin homes of the Carvajal Group at 512-419-7770.

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