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Bexar County Foreclosures Rise Despite Drop in State

By December 20, 2008

With the good news about the Seguin Caterpillar expansion, it was only a matter of time before some piece of economic news came about that wasn't so good. It seems like every bit of progress made has an equal and opposite reaction, to steal from some grade school science.

Foreclosure Listing Service Inc. (FLS) has announced that 1,081 foreclosure filings were made for the Jan. 9, 2009 auction. This is an increase of 54% over the same month last year.

This is despite the fact that Texas foreclosures were down overall in November. It seems like overall state numbers have little to do with what is happening here in South/Central Texas.

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