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Texas Foreclosures Down But Foreclosures of San Antonio’s High End Homes are Up

In Texas, February foreclosure filings dropped 14.1 percent from February 2008’s number according to RealtyTrac, a foreclosure listing firm.  However, February 09’s numbers increased 7.9 percent from January 09 totals.  And foreclosures for homes above $200,000 have increased in Bexar County (San Antonio).  According to Foreclosure Listing Service Inc. out of Addison, foreclosure postings rose 65 percent for homes priced in the $200,000s, 71 percent for those priced between $300,000 and $499,999, and 40 percent for homes priced over $1 million.

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