The foreclosure filings for the September 7th auction have been completed so even though it is only August, we can take a look at the 3rd quarter stats for the Austin area.  The data is courtesy of Foreclosure Listing Service.

  • 1498 properties in the greater Austin area are scheduled for auction on September 7th.  That is a new record beating out the 1481 from October 2009.  This is 26% higher than the 1,193 from last month (August 2010).  The filings incresed 40% from the 1071 in September 2009.
  • For the past 20 months, foreclosures in greater Austin have surpassed 1,000 filings each month.  In 11 of these months, the number was greater than 1,200.  Five months have exceeded 1,400.

Foreclosure Postings – THIRD QUARTER (July, August, & September)

 

 

 

AREA OR COUNTY

 

 

# TOTAL POSTINGS 3rd QTR 2009

 

# TOTAL POSTINGS 3rd QTR 2010

 

%CHANGE FROM 3rd QTR 2009

 

%CHANGE FROM PREVIOUS
QTR

 

 %CHANGE FROM 3rd QTR 2008

 

% CHANGE FROM 3rd QTR 2007

 

%CHANGE FROM 3rd QTR 2001

AUSTIN METRO

3,607

4,018

11 %

10 %

83 %

147 %

NA

TRAVIS

1,911

2,276

19 %

13 %

97 %

192 %

491 %

WILLIAMSON

1,117

1,223

9 %

7 %

83 %

136 %

482 %

HAYS

386

343

-11 %

8 %

59 %

79 %

NA

BASTROP

193

217

12 %

14 %

36 %

56 %

NA

Click here to search foreclosure homes currently for sale in the MLS.  If you are interested in learning more about investing in real estate, specifically foreclosures, be sure to attend one of my free workshops in October.