The Foreclosure Report: Defaults Continue To Mount In Dallas/Ft Worth: “The Dallas News has a report on foreclosures in that area. “More people are losing their homes to foreclosure than at any time since the Texas real estate bust of the 1980s. As residential foreclosures jumped 30 percent from a year ago in North Texas, the average mortgage on foreclosed houses fell to $129,000, compared with almost $146,000 a year ago.”
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sad thing…