Has the New Wave of Foreclosures passed over the Texas Area?

According to a report published by the Mortgage Bankers Association, after conducting a national survey on mortgage delinquency, it showed that Texas is not struggling
as much as the majority of our nation when it comes to being delinquent in house payments.     When you compare Texas’ delinquencies, which were at 5.2 % and that of the nation, which was at 8.7%, you can see that Texas is getting stronger and is on its way to recovering.

While we are taking steps to recovery, there is still progress that needs to be made. But make no mistake, real estate is selling and buyers are buying.

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