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Austin commercial foreclosures up; banks get aggressive

November 15, 2010 By pratfield

Austin Business Journal – by Francisco Vara-Orta

Date: Thursday, November 11, 2010, 5:13pm CST – Last Modified: Friday, November 12, 2010, 8:11am CST

Read more: Austin commercial foreclosures up; banks get aggressive | Austin Business Journal

Foreclosure postings of commercial real estate in Austin are up 13 percent so far this year compared with the first 11 months of 2009, according to a new report. But the tail end of the year has shown improvement, and as savvy investors pick up some few remaining steals, the market is cautiously optimistic.

From January through November, there were 951 foreclosure postings filed on commercial properties in the Austin metro area, compared with 838 for the same 11-month period last year, according to Foreclosure Listing Service, which tracks such activity throughout Texas.

Addison-based Foreclosure Listing Service’s report included several …


Read more: Austin commercial foreclosures up; banks get aggressive | Austin Business Journal

Filed Under: AquaPalooza on Lake Travis, Gardening Tips, Real Estate News, Real Estate Statistics, Texas, Things going on in Austin, Things to do in Austin, Things to do or going on in Austin, Uncategorized Tagged With: Austin area stats, Austin News, Austin Real Estate News, Real Estate News

Ratfield Real Estate LLC

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Lago Vista, TX 78645
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Pamela Ratfield, e-Pro, GRI, ABR, CRS

Phone: 512-267-4261
pratfield@me.com

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About Ratfieldteam

Hello and thank you for visiting! It is our goal as your full service real estate company specializing in the Lago Vista, Round Rock, Cedar Park and all of the Austin areas, to provide you with superior service at all times. Our local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources we offer.
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