Texas leads the country in home foreclosures

[rainbow4321]

http://www.dallasnews.com/sharedcontent/dws/bus/stories/032505dnbusforeclose.7446.html

More than 13,000 pre-owned homes for sale in North Texas last year had something in common: They were foreclosures.

"There are so many of these houses on the market that we now have three or four agents who do nothing but foreclosure sales," said Bill Sabino, the manager at Re/Max Premier Group Realtors. "The inventory of foreclosed homes has continued to grow."

Texas leads the country in the number of foreclosed homes listed for resale. Almost 32,000 foreclosed houses were on the market in the state in 2004, according a study by Foreclosure .com

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"The most expensive I have had is $1.2 million in Plano that I sold within a week," she said. More typical are properties like one of her current foreclosure listings in McKinney: a five-bedroom, four-bath house in the Eldorado neighborhood priced at $309,900.

[Robroy]

1. Well, Texas IS a big state, says Dubya

Texas leads the nation in pollution. Well, texas IS a big state. Texas leads the country in executions. Well, Texas IS ......blah, blah, blah.

[kittenpants]

2. YeeeeHaaaw! Congrats W.