Magnolia TX Foreclosure Trends – Sept 2013

In September, the number of properties that received a foreclosure filing in Magnolia, TX was 36% higher than the previous month and 24% lower than the same time last year, according to RealtyTrac.com.

Magnolia TX Foreclosure Status

Auctions accounted for 63.2% of foreclosure activity in September and bank-owned properties 36.8%.

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Magnolia TX Foreclosure Geographical Comparison

Magnolia TX foreclosures were the same as national statistics,  0.05% higher than state figures, and 0.04% higher than Montgomery County numbers in September.

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Magnolia TX Foreclosure Activity by Month

In September, the number of bank-owned properties increased 0.0% from the previous month and dropped 22.2% from the previous year. The number of auctions increased 71.4% from the previous month and decreased 25.0% from the previous year.

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Are you or someone you know behind on mortgage payments and facing a foreclosure? You do have options. A short sale may be the answer to saving you, your family and even some of your credit. Visit CheckOutShortSales.com and give us a call for a private consultation.

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Whether you are new to the Magnolia Texas real estate market, thinking of moving up, or you’re an experienced investor, Pam Sitterly has the expertise, proven track record, and resources to help you buy Magnolia TX real estate for sale or market Magnolia TX homes for sale. Enthusiasm, knowledge of the area and personal concern for her client’s interests combine to make Pam an outstanding resource for your real estate transactions.

Pam works extensively to help Buyers and Sellers meet their Magnolia Texas real estate goals. For more information about buying or selling your Magnolia TX home, please call Pam at 281-723-0324 or via email with this convenient contact form.