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Harris County Foreclosures Hit Four-Year Low

Postings and foreclosures for Harris County fell again in February.

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Just over 600 Harris County homes went into foreclosure in February. About 2,100 homes went into posting — or imminent risk of foreclosure. Both measures were down 40% from a year earlier.

Patrick Jankowski is vice president for research at the Greater Houston Partnership.

“We’re coming off a year where we created 84,500 jobs, which is the fifth-best year on record. Last year we created so many homes, it was the fourth-best year on record, and we’re looking at foreclosure activity which is at its lowest level since March of ’09. So the whole thing shows it’s a very strong housing market, and Houston’s a very strong economy. ”

The Woodlands-based Foreclosure Information & Listing Service expects postings to range between 1,000 and 1,500 per month by the end of 2013. It says Harris County’s foreclosure crisis is now over.

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew Schneider is the senior reporter for politics and government at Houston Public Media, NPR's affiliate station in Houston, Texas. In this capacity, he heads the station's coverage of national, state, and local elections. He also reports on major policy issues before the Texas Legislature and county and city governments...

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