Despite foreclosure prevention efforts by the federal government, the number of houses being added to foreclosure listings in Texas is still rising, based on a survey by Texas company Foreclosure Listing Service.
The number of properties under bank and Freddie Mac home listings is expected to rise further in most metro areas due to high delinquency rates. Austin has the lowest delinquency rate.
Home prices in several cities of Texas are expected to have the highest appreciation rates despite the presence of bank foreclosures and listings of government foreclosures.
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