The Dallas Morning News - Thursday, July 17, 2008
The housing market in Denton County appears to be holding its own despite the continued increase in residential foreclosure postings.
“Denton County is pretty hot right now,” said Stacy Curtis of Curtis Mortgage in Denton. “July is the biggest month we’ve had in 2 1/2 years, and August is looking like it will follow suit. People are still buying houses.”
A total of 507 foreclosures, an increase of 40 percent from a year ago, were posted for the Aug. 5 auction, according to the Foreclosure Listing Service Inc. monthly report released Thursday.
The overall market across the Dallas-Fort Worth region also is healthy, said George Roddy Sr., president of the Addison-based Foreclosure Listing Service.
“All in all, the market itself is performing rather well,” Roddy said. “Denton County is actually in the path of growth and is going to continue to be in the path of growth.”
Neighboring Collin County continues to rank high among 10 Dallas-Fort Worth area counties with a 42 percent hike in residential postings from 404 in August 2007 to 573 for the upcoming auction.
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