DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Reading: Foreclosure Rate Reaches 15-Year Low
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > newlyweds > Foreclosure Rate Reaches 15-Year Low
newlyweds

Foreclosure Rate Reaches 15-Year Low

4 Min Read
SHARE
Contents
Foreclosures Down 21 Percent From Last YearPlano Leads Texas In Office DevelopmentPittsburgh Tops List Of Best Places For Newlyweds
Foreclosure3

Foreclosure activity drops to a 15-year low, Plano is one of the leading cities for office development, and Irving makes the cut for best municipalities to spend the honeymoon phase, and all in this week’s roundup of real estate news.

Foreclosures Down 21 Percent From Last Year

National year-end foreclosure filings – default notices, scheduled auctions, and bank repossessions – are down 21 percent from last year and a whopping 83 percent since the numbers peaked in 2010.

ATTOM Data Solutions, curator of a national property database, issued a report showing foreclosure filings were reported on 493,0066 U.S. properties last year.

Foreclosure-1
Foreclosure-1

“The continued decline in distressed properties is one of many signs pointing to a much-improved housing market compared to the bad old days of the Great Recession,” said Todd Teta, chief product officer for ATTOM Data Solutions. “That said, there is some reason for concern about the potential for a change in the wrong direction, given that residential foreclosure starts increased in about a third of the nation’s metro housing markets in 2019. Nationally, the number also ticked up a bit in December. While that’s not a major worry, it’s something that should be watched closely in 2020.”

Source: ATTOM Data Solutions

Plano Leads Texas In Office Development

Plano is the top “small Texas city” for office development, according to real estate blog CommercialCafé.

With almost 10.6 million square feet of office space added since 2009, and nearly 37.2 million square feet of rentable office space at the end of last year, the North Texas city has become known as the place to be for Dunder Mifflin execs and the like.

Foreclosure-1
Foreclosure-1

Other small Texas cities, with a population of under 300,000, that made CommercialCafé’s top 10 include Irving, The Woodlands, Richardson, Spring, Frisco, Midland, Katy, Sugar Land, and Round Rock.

Source: CommercialCafé 

Pittsburgh Tops List Of Best Places For Newlyweds

Irving and Tyler made the top 10 best cities for newlyweds to live, according to a recent study published by Destify.

Pittsburgh topped the list, followed by St. Louis, Orlando, Atlanta, Columbia, S.C., Baltimore, Little Rock, and Savannah, Ga., with Tyler, and Irving coming in at No. 9 and No. 10.

Foreclosure-1

“Coupled with a reasonable median home value as well as overall affordability, [Pittsburgh and St. Louis] make for great places to settle for those who have just tied the knot,” states the Destify article. “But if you’re looking to find someplace warmer, Orlando may be the perfect city, which comes in at No. 3 on our list. Speaking of the south, several other southern cities dominate the top 10 including Atlanta, Columbia, Irving, Tyler, and Little Rock.”

There’s something for every couple on the list, the article goes on to say, noting that major metro areas are featured as well as mid-size municipalities with a population of under 250,000.

Factors that went into determining the best cities included median household income, median home value, number of newlyweds, cost of raising a child, and the number of restaurants and dining options available.

Source: Destify

Need a House Now? How to Win at This Crazy Game Called Homebuying
Ask Candy: Symptoms of the Hot Market — No Call Backs from Brokers, No Nada
Karen Gearhart Returns to Coldwell Banker Irving/Las Colinas
Monday Morning Millionaire: Ice is Not so Nice, Here's to Seeing Bluebonnets Pretty Darn Soon…
It’s Spring Break Week in Dallas & Everyone is Beaching It on the Florida Gulf Coast
TAGGED:Best Places to liveForeclosureIrvingoffice spacePlanoReal Estate Market News
Share This Article
Facebook Email Copy Link Print
Previous Article Three Spanish-Inspired Homes in the Suburbs Perfect for Sipping Sangria
Next Article TV Coach Craig T. Nelson Lists Hawaiian Getaway
Popular News
Crestpark

Perfect Park Cities Finds To Kick Off The New Year

Modern Luxury Dallas Real Estate Awards: Tell Us Who Killed It in 2018
What Homebuyers Really Want in a Master Bedroom
Colonial Hills Classic on Westcliff Road Features Superb Updates
The Talent of Designer Eric Prokesh Lands This Beverly Drive Tudor a Buyer in 3 Days
about us

DaltxRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Privacy Policy
  • Terms of Service
  • Contact Us
  • Paid Guest Post Submission

Categories

  • Wednesday WTF
  • East Dallas
  • Monday Morning Millionaire
  • Upon Closer Inspection

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post

Find Us on Socials

© DALTX. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?