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Two Low-Income Renters-Turned-Homeowners In West Dallas Are Suing Their Former Landlord

Khraish Khraish, third from right, announced his offer to sell several of his rental homes to tenants in West Dallas in May 2017.

There’s a lawsuit brewing in West Dallas, where dozens of former renters purchased homes last year.

These low-cost rental properties owned by HMK Ltd. had racked up numerous code violations and were slated for closure after the city of Dallas tightened housing standards.

HMK sold many of those homes to tenants. Now, a lawsuit filed in federal court by two of the homeowners alleges the mortgage contracts are predatory.

Many of the people who’d rented homes from HMK Ltd., mostly in West Dallas, were paying as little as $300 to $500 a month. When new housing standards took effect in 2016, it looked like the rental business would close, and about half the tenants moved. The other half couldn’t figure out where to go, and stayed put until the last minute.

When HMK co-owner Khraish Khraish offered to make more than 100 remaining tenants homeowners this time last year, many jumped at the chance.

"I’m just here to make families happy in a home in West Dallas," he said.

And, Khraish says, he thought they all were. To his knowledge, nobody has fallen behind on their mortgage payments; no one has been foreclosed on. He says he hadn’t heard an unhappy word, until a lawsuit was filed against him last week in federal court by two of the new homeowners, Roberto Barahona and Julian Campos.

One of their attorneys is Stephanie Champion with Legal Aid of NorthWest Texas.

"[Campos] received absolutely no explanation of the terms that were unfavorable to him — terms such as the ‘snatch-back clause,’ which allows the lender to call 100 percent of the loan at any time and for any reason," she said.

Champion says neither of men speaks or reads English. The language in the contracts they signed does enable the lender to call for the remaining amount due on the principal, no matter the status of the loan. Khraish says as far as he knows, that’s boilerplate for the type of contracts he purchased. He hired the Arlington-based loan document preparation provider Pierson Patterson to draw them up.

"Though there may be language in here, I haven’t exercised that option and I have no intention of exercising that option,” Khraish said.

The Legal Aid attorneys say that doesn’t make them feel better. If the mortgage is ever sold to another lender, that language will still be in the contract.

According to the Dallas Chapter of the National Association of Minority Mortgage Bankers, these clauses aren’t used in qualified mortgages by big banks like Chase or Wells Fargo. They can show in seller-financed deals, like the HMK mortgages.

"Even if our clients had paid off 90 percent of the loan and spent time and money into making necessary repairs on their homes, they still have no security in their home," Champion said.

Attorneys say neither of their clients were given a thorough review of the contract before they were induced to sign. They claim many provisions weren’t translated at all. Khraish Khraish takes issue with that.

"Any notion that Mr. Campos and Mr. Barahona weren’t made aware of what the document suggested is false,” Khraish said. “Everything was absolutely translated to them and again, the process took four meetings over a two-week period."

The lawsuit zeroes in on other parts of the contract, too. While the interest rate is listed at 4.75 percent, it can jump as high as 18 percent if the borrower defaults. Legal Aid says what constitutes a default, isn’t defined in the contract — and wasn’t explained to either client. A right to inspection was also waived.

"The other option was eviction, the other option was homelessness," Champion said. "So yes, our clients under the threat of eviction, were induced to sign these predatory contracts because they had no other option."

Khraish agrees that his tenants-turned-homeowners had no other option, but disagrees that these deals are predatory.

"I stand behind everything we’ve done and I’m very proud of what we’ve done,” he said. “And we’re going to continue doing much more of it."

Champion doesn’t want to rip her clients out of their homes. She thinks there’s a way to make this work for everyone.

"I think that there’s a good deal to be had here,” she said. “All we need to do is amend these contracts in order to make sure that our clients have true ownership of their homes."

Which, for many of these West Dallas families, is all they’ve really ever wanted.

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KERA reported on this housing crisis in West Dallas last spring and summer in our series, "No Place To Go."

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Roofing & Remodeling of Dallas Provides Super Quality of Metal Roofing in Frisco and Lewisville T

Dallas is a highly reputed and widely trusted locally owned and operated firm that was established in the year of 1990. It is a fully licensed, insured, and bonded company that offers its host of services to the people of Lewisville, Mckinney Texas, Allen Texas, Dallas, Richardson Texas, Wylie, Frisco and its nearby areas. Providing free storm damage assessments and replacement estimates, as well as handling the insurance claim of their clients, Roofing & Remodeling of Dallas are an accurate turnkey resource.

Roofing & Remodeling of Dallas offers the best quality of metal roofing in Frisco and Lewisville Texas at the most affordable price range. They are one of the most trusted names when it comes to providing swift roof repair responses as well. The Better Business Bureau has given them an A+ rating, which subsequently offers an assurance of their superior of services and support. Having more than two decades of experience in the industry, this company can bring unique attributes to the table to ensure utmost customer satisfaction.

The staff of Roofing & Remodeling of Dallas includes many highly skilled and experienced professional technicians who can efficiently install roofing materials from the most trusted names in the business. Along with the premium quality of roof repair and replacement work, they also offer impeccable customer service. To minimalize the hassle of their clients, this company interacts directly with the relevant insurance company if the services of roof repair work or replacement are covered under their policy.

Roofing & Remodeling of Dallas additionally offers services for storm damage repairs and home remodeling in Allen and Dallas Texas. To seek out their services on can easily give them a call at 972-231-ROOF (7663). In case of any queries, one can also fill up the contact form present on their website.

About Roofing & Remodeling of Dallas
Roofing & Remodeling of Dallas is a fully licensed, insured, and bonded company that offers its services to the residents of Plano, Richardson Texas, Allen Texas, Dallas, Wylie, Allen Texas, Frisco and its neighboring areas.

For more information on this press release visit: http://www.releasewire.com/press-releases/roofing-remodeling-of-dallas-provides-super-quality-of-metal-roofing-in-frisco-and-lewisville-texas-985676.htm

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Commissioner candidate in TX says he set up trust to reward children for marrying white Christians

DALLAS (WCMH) — A former criminal district judge now up for Dallas County commissioner says he set up a living trust with a clause rewarding his children if they marry a white, Christian person of the opposite sex.

“I strongly support traditional family values,” Vickers "Vic" Cunningham said to the Dallas Morning News. “If you marry a person of the opposite sex that’s Caucasian, that’s Christian, they will get a distribution.”

Cunningham spoke to the paper after his estranged brother Bill claimed he had been a lifelong racist.

Vic Cunningham told the Dallas Morning News he was not racially bigoted.

He said on his campaign website that the trust " was set-up during a time of concerned feelings about my brother Bill’s gay lifestyle."

"My views on interracial marriage have evolved since I set-up the irrevocable trust in 2010, and today I would absolutely remove those conditions if I legally could," he said.

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Abode Properties Is Pleased to Announce the Acquisition of Sugar Mill II Apartments in Addis, Louisiana

Sugar Mill II Apartments located in Addis, Louisiana (Photo: Business Wire)

DALLAS–(BUSINESS WIRE)–Abode Properties, a subsidiary of Dallas-based real estate investment company Transcontinental Realty Investors Inc., (NYSE: TCI), today announced the acquisition of Sugar Mill II apartments. The class A asset will be added to the organization’s Southern Properties Capital portfolio.

“With a strong school system, growing population, and close proximity to the state capital, Addis, Louisiana exemplifies the growing towns in which we aim to acquire and develop new assets.”

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Sugar Mill II in Addis, Louisiana is minutes from downtown Baton Rouge and provides easy access to I-10. The upscale, gated, residential community includes 80 one and two bedroom units each containing full kitchen and full size washer and dryer. The facilities include a club room with full kitchen and covered patio, business center, fitness center, and a resort style pool. The property began lease-up in May 2016 and was stabilized by September that same year.

“Sugar Mill II is an outstanding addition to our Southern Properties Capital portfolio,” commented Bradley Kyles, Abode’s EVP of Multi-Family Residential Operations. “With a strong school system, growing population, and close proximity to the state capital, Addis, Louisiana exemplifies the growing towns in which we aim to acquire and develop new assets.”

Southern Properties Capital operates primarily in Texas and specializes in Class A multifamily assets in emerging markets throughout the Southern United States, corresponding with both sustainable and viable economic growth activity. The issuing entity is backed by over 3,000 multi-family units (out of a total of approximately 8,000 owned and operated by TCI), as well as over 1.5 million square feet of office space in Texas. The company has already used funds to acquire additional multi-family assets within its strategic footprint, and expects significant expansion by continuing to utilize the Israeli bond platform.

Abode Properties is a subsidiary of Transcontinental Realty Investors Inc., (NYSE: TCI), a Dallas-based real estate investment company. Abode’s investment and strategic focus is to acquire, develop, and operate a portfolio of desirable multifamily residential properties, while capitalizing on our ability to obtain long term and static debt structures. The portfolio stands to benefit from historically established, proven, and successful operational practices, seasoned on-site management, and an experienced leadership team with forward thinking capabilities in order to realize maximum cash flows and consistent returns, while maintaining unequaled resident and customer service. We are disciplined and prudent allocators of capital and we will continue growing our geographically diverse portfolio from the Southwest to the Southeast. These markets are geographically located in areas of the country that correspond with both sustainable and viable economic growth activity.

Transcontinental Realty Investors (www.transconrealty-invest.com) maintains a strong emphasis on creating greater shareholder value through acquisition, financing, operation, developing, and sale of real estate across every geographic region in the United States. A New York Stock Exchange company, Transcontinental is traded under the symbol "TCI". Transcontinental produces revenue through the professional management of apartments, office buildings, warehouses, and retail centers that are "undervalued" or "underperforming" at the time of acquisition. Value is added under Transcontinental ownership, and the properties are repositioned into higher classifications through physical improvements and improved management. Transcontinental also develops new properties, such as luxury apartment homes principally on land it owns or acquires.

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Compete to Win a 870 DM at the Remington Booth NRA Show in Dallas, TX

Remington 870 DM Shotgun

Huntsville, AL – -(Ammoland.com)- Are you ready to compete with the strongest, smoothest, most reliable pump shotgun in history, the Remington 870 DM? How fast can you make mag changes? Let’s find out, come show us your skills any day any time during NRA show hours.

A Remington 870 DM Shotgun will be awarded each day to the shooter with the best time. Check out a sneak peak of the competition here.

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Maybe you are not the competitive type, but don’t worry we have plenty of exciting things going on at the Remington booth.

Remington 870 DM Shotgun (81350):

6 Round Detachable MagazineBlack Synthetic Stock with Super Cell Recoil PadTactical “Corn Cob” Forend18.5 Inch Fixed Cylinder Bore BarrelMSRP – $529.00

Talk handguns with Travis Tomasie and Jake Martens from USPSA on Friday, May 4th at 4:15pm. While you are there check out the 1911 R1 Tomasie Custom, it is an exact reproduction of his competition handgun. Utilizing premium components, this pistol offers the consumer extraordinary accuracy, reliability, and shoot-ability,” said Travis Tomasie Captain, Team Remington World and National Shooting Champion.

About Remington Arms Company, LLC

Remington Arms Company, LLC, (“Remington”) is America’s leading manufacturer of firearms, ammunition, and related accessories. For over two centuries, its products have been sought after by hunters, shooters, collectors, home and personal defenders, as well as by government users in the US and in more than 55 of our allied countries. Remington products served the US Military in every major conflict from 1816 to the present. Remington currently employs over 2,500 Americans, and operates major facilities in New York, Alabama, Arkansas, North Carolina, Tennessee, Mississippi, and Utah.
More information about the Company can be found at www.remington.com.

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When it comes to eco-friendly housing, location is everything

Where does it cost to go green?

Though it’s often assumed that eco-friendly housing comes with an inherently higher price tag, according to a new study, that may not be true. In fact, in some areas, green homes may even be more affordable than not-so-eco-friendly ones – and by a significant amount.

Verify your new rate (Apr 24th, 2018)

Prices vary when going green

Realtor.com recently conducted a study of housing listings with green or eco-friendly features, including solar panels, smart thermostats and more. The results ran the gamut, but it turns out that going green isn’t as expensive as many homebuyers think. According to Javier Vivas, Realtor.com’s director of economic research, it really comes down to location.

"Although Southern and Western states still lead the way in green technology adoption, eco-friendly features have grown in popularity across many regions of the United States," Vivas said. "Many buyers have come to expect standard features, and homes integrating specialty green features are becoming more mainstream. However, in today’s inventory-starved market, location still reigns supreme and the price of land can easily override the allure of special eco-friendly features."

Eco-friendly housing listings in Salinas, California, came in with the lowest price tag – about 14 percent under the area’s median home price, while green homes in Tulsa, Oklahoma clocked the highest costs. Tulsa buyers will pay about 19 percent more for a home with eco-friendly features.

Verify your new rate (Apr 24th, 2018)

The greenest metros

As far as the prevalence of eco-friendly housing goes, Fort Collins, Colorado, has the most homes with green features. According to the study, about 36 percent of listings this month have one or more “sustainable living” feature. The Dallas-Fort Worth-Arlington metro in Texas and the San Jose-Sunnyvale-Santa Clara metro in California tied for second, with 35 percent of listings having a green feature.

Broken down by a specific feature, solar panels were most popular in San Jose, Salinas and Phoenix, at 6.1 percent, 4.8 percent and 4.6 percent of listings, respectively. Smart thermostats were most common in listings in San Antonio and Fort Collins.

ENERGY STAR-rated homes were seen most often in listings in Connecticut – particularly the Norwich-New London metro, Hartford and New Haven-Milford. Homebuyers typically pay 21 to 26 percent more for an ENERGY STAR-rated property.

Buying a home: utility costs matter – a lot!

Get today’s mortgage rates

Want to take advantage of the growing number of eco-friendly housing listings? Shop around and see what mortgage rates you qualify for today.

Show Me Today’s Rates (Apr 24th, 2018)

The information contained on The Mortgage Reports website is for informational purposes only and is not an advertisement for products offered by Full Beaker. The views and opinions expressed herein are those of the author and do not reflect the policy or position of Full Beaker, its officers, parent, or affiliates.

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Dallas Woman Says R Kelly Gave Her STD, Groomed Her: Report

DALLAS, TX — Police in Dallas are investigating after a young woman filed a complaint alleging R Kelly, a 51-year-old R&B singer, knowingly gave her an STD without her knowledge or consent.

The Washington Post broke the story Sunday, writing in a report that the woman, now 20, began her eight-month relationship with Kelly when she was 19.

The woman filed a complaint with the Dallas Police Department, and The Post reported she plans to file a federal civil complaint against the singer as well.

A representative for Kelly told The Post the singer "categorically denies all claims and allegations" related to the complaint.

Lee Merritt, the woman’s attorney, told The Dallas Morning News that Kelly invited the woman backstage at one of his concerts and continued to groom her over several months to join a "sex cult" by furnishing her with shopping sprees, flights and hotel stays.

The woman decided to take legal action against R. Kelly after she tested positive for herpes earlier this year, Merritt told The News.

Police said in a statement the incident is not considered a sexual assault.

"This incident is not being investigated as a sexual assault since both parties were consenting adults," police spokesman Warren Mitchell told The News.

Kelly has come under fire in the past for inappropriate sexual relationships, including a 2017 allegation that the singer ran sex cults in Georgia and Illinois.

The woman’s attorney is slated to hold a press conference at Dallas Police Headquarters on Wednesday.

Lead image: R. Kelly performs during The Buffet Tour at Allstate Arena on May 7, 2016 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images)

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The Daily Beast, “How Beto O‚ÄôRourke (D) Is Building a Digital Fundraising Army”

December 17, 2017: Rep. Beto O’Rourke, D-Texas addresses the crowd during a town hall meeting at the Columbus RV Park and Campground in Columbus, TX. John Glaser/CSM. (Cal Sport Media via AP Images)

The Texas U.S. Senate race between incumbent U.S. Senator Ted Cruz (R. TX) and Rep. Beto O’Rourke (D) has gained a lot of press coverage due to Beto’s impressive fundraising capabilities. Today, The New York Times released its piece about how Cruz better watch out for Beto’s campaign:

Cruz is a rare and precious gift. He’s so loathed that any passable Democrat with a picayune chance of toppling him was bound to draw more attention and inspire more hope than the political dynamics warranted. While President Trump’s unpopularity endangers his party’s incumbents far and wide and Texas may indeed be getting bluer, the state has been very red for very long. The last time a Democrat won statewide office was 24 years ago.

But Beto is more than passable. Many of his campaign events are mobbed. People line up for selfies and then insist on hugs.

He’s raising money like mad. Last week he disclosed that in the first quarter of 2018 he took in $6.7 million, bringing his total haul to $13.2 million, which handily outpaces Cruz and is more than any Texas Democrat running for the Senate ever amassed. All of that cash came from individuals. He has sworn off money from PACs.

“Even the most skeptical person has to acknowledge that there’s something going on here,” Jim Henson, the director of the Texas Politics Project at the University of Texas at Austin, told me. “But is it something that can overcome the deep hole that any Democratic candidate in this state is in?”

Beto’s answer to those odds is an oddball campaign. This has freed him to be freewheeling. He has no speechwriter, because he never speaks from a fixed script. He has no pollster, because he’s not going by polls.

“No political consultant worth their salt would allow us to go to college campuses, because young people don’t vote,” he told a group of Latino leaders during a meeting on Thursday that I accompanied him to. “That’s why we don’t have a political consultant.”

Rolling Stone released their piece yesterday taking note of Beto’s fundraising and relentless campaigning on the campaign trail:

Sen. Cruz’s campaign has not released its first quarter fundraising numbers yet. (According to the most recent figures available, Cruz has raised $7.3 million since the start of 2017.) O’Rourke may have outpaced Cruz in fundraising, but the sitting Senator earned far more votes in last month’s Texas primary: 1.3 million in the Republican primary to O’Rourke’s 641,000 in the Democratic.

“We were in Paris, Texas, not too long ago, and at the end of that town hall, a number of people came forward and said, ‘I vote in the Republican primary, because in our county, that’s the only way I can choose my county commissioner, my justice of the peace, my county judge, but in November, I will be voting for you.’ And that is characteristic of so many people and so many counties across Texas.”

At a campaign stop Tuesday, Cruz acknowledged that his campaign won’t come close to matching O’Rourke’s haul this quarter. "That’s a whole lotta money,” Cruz said. “There’s no doubt about that. And it has been clear for some time that the hard left is energized and they’re mobilized and they’re angry at the president. And we are seeing all across the country… and it underscores that Republicans cannot take November for granted."

While Cruz might have more money in the bank thanks to Super PACs and lobbyists, Beto’s grassroots efforts have him running scared:

O’Rourke pledged, at the beginning of the campaign, not to accept donations from corporate political action committees. The funds he’s raised, since the year began, came from some 141,000 individual donors, who chipped in an average of $40 each. That’s a measure of enthusiasm for his candidacy, and one his opponent, Ted Cruz, should be taking seriously.

But Cruz — who won the Senate seat in 2012, after pulling off his own upset for that year’s Republican nomination — deserves some credit for this surprisingly competitive landscape, too.

Publicly, Cruz has expressed confidence in his ability to deal with the threat that O’Rourke represents. But Monday, at his campaign kickoff party at the Redneck Country Club in Stafford, he debuted an ad warning Texas Republicans against being complacent about it.

“DEMOCRATS TAKE CONTROL,” blares the front page of a mock edition of the Houston Chronicle, sitting on his coffee table. A television news anchor explains that Nancy Pelosi, being accordingly emboldened, has announced her plan to divert all border wall funding to Planned Parenthood.

A noise outside catches the young man’s attention. He opens the front door to see an apocalyptic landscape. And then, much to the man’s relief, he wakes up from this nightmare.

It’s a funny ad, but a revealing one. As Texas Southern University’s Jay Kumar Aiyer pointed out, while he and I were chatting this week, it suggests that Cruz would like to turn this race into a referendum on the national parties.

That was an astute observation, and it would be a shrewd move on Cruz’s part. If the race is framed that way, he would be able to dodge the question of whether he or O’Rourke is best equipped to represent Texas in an era when the figure who dominates the political landscape is Donald Trump.

The president is a Republican, of course, and in 2016 he was the alternative to Hillary Clinton. Many Texans voted for him on that basis; he carried the state’s electoral votes by nine points.

But Clinton isn’t on the ballot this year. And Texans who vote in this year’s general election may have some objections to decisions that have been made in Washington lately, even if they continue to approve of Trump.

But The Daily Beast notes that Beto’s strongest weapon has been his ability to run a successful digital campaign to help fuel his campaign:

At the heart of the operation is a basic idea: that flooding the zone is fundamentally a good thing. Voters can see O’Rourke all the time, in emails, videos and tweets that the campaign posts every day. He broadcasts from settings that politicians normally shun or find so incredibly mundane that they don’t think there is any particular advantage in advertising. He did a Facebook Live post while in line for Whataburger, and during his wait to get a haircut, and while he got gas, and as his son climbed a tree, and as he picked up donuts, and while he drove across the country with Rep. Will Hurd (R-TX). He’s live streamed his jogs, only to be joined by other joggers who have live streamed his live stream.

Those close to O’Rourke insist that he is making the decisions about when and where to post—something he’s done since his first run for Congress in El Paso in 2012—and that he genuinely wants to be seen as much as possible since he can’t knock on every door in Texas. The goal is to give voters the sensation that they’re actually playing a role in his David and Goliath campaign. And while the cumulative effect has been a smashing success, even close associates concede that they’re still not sure which particular post will work best.

“Did we pick up a lot of donors because they saw him getting a haircut on livestream? I have no idea,” a source directly familiar with the campaign told The Daily Beast.

O’Rourke’s fundraising and work ethic are unquestioned. O’Rourke spoke to The Washington Post during a 1,600-mile week-long drive across Texas that began Tuesday in Waco and ends Monday in Lubbock.

He recently held a rally in Roanoke, a northwest suburb of Dallas in a heavily Republican County. A thousand people showed up. “Something is happening right now,” he said.

However, in last month’s primaries, Cruz received twice as many votes as O’Rourke received in the Democratic primary.

Those results proved that, despite a boost in Democratic turnout in the primary, O’Rourke needs more than a “blue wave” to defeat Cruz.

“There just aren’t enough Democratic votes. If he is going to make any progress, he’s going to need a lion’s share of the independent vote, and he has to cut into the GOP base. That’s pretty tough,” said Jennifer Duffy, the Senate analyst for the Cook Political Report.

But well-fueled and engaged grassroots campaigns can pull off an upset victory. Cruz will always have more money but he’s incredibly hated and represents everything that’s wrong with Washington, D.C. Beto has his work cut out for him but he knows that and he’s letting nothing slow him down. He has proven to me and I’m sure to many of you that he is serious about pulling this off. We need to be by his side to not only energize the bast but also win over voters who hate Cruz but normally don’t vote Democrat and he gives people who don’t vote a reason to vote. Click here to donate and get involved with Beto’s campaign.

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More Americans Moving to Texas

Texas continues to be the nation’s fastest growing state, according to data from the U.S. government Census Bureau.

“From July 1, 2016, to July 1, 2017, six of the top 10 largest-gaining counties were in Texas,” the bureau wrote in a news release.

The fastest growing area in the country was the Dallas-Fort Worth-Arlington metropolitan area, which gained 146,000 residents last year.

“Historically, the Dallas metro area attracts large numbers from both international and domestic migration. Many of the other largest metro areas in the country rely mostly on international migration and natural population increase for growth,” said Molly Cromwell, a demographer at the Census Bureau.

The biggest boost in population among all the fastest growing areas was “net domestic migration, the bureau noted.

“The most likely reasons people relocate to Texas are its resilient economy and relatively affordable housing,” said Lloyd Potter, Texas state demographer at the University of Texas San Antonio, in a statement. “Oil and gas production continues to be a major component in the state’s economy, but other sectors such as information technology, manufacturing and biomedicine are important sources of job growth.”

In addition to jobs and affordable housing, Texas is one of seven states that do not have a state income tax.

Demographers expect Texas to see continued growth, though perhaps at a slower pace.

“The most recent estimates from the U.S. Census Bureau indicate a continuation of recent trends,” Potter said. “These trends will lead to increasing population concentration in the state’s major metropolitan areas.”

While domestic migration is a major reason for Texas’ growth, recent international immigration is also up and coming from “a greater variety of nations than in the past,” Potter added.

“We have observed a greater share of the state’s immigrants originating from Asian countries and a decreasing share from Latin American countries, especially Mexico,” Potter said. “With this, migration will not only increase the size of the state’s metro areas but also will lead to greater population diversity in these areas.”

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Dallas Foreclosure Filings: See Year-Over-Year Increase

DALLAS, TX — Foreclosure activity in Dallas for February 2018 saw a 5.19 percent year-over-year increase from February 2017 but saw a 12.68 percent decrease from January 2018, according to ATTOM data.

According to ATTOM, there were 142 foreclosure filings in Dallas in February 2018. Based on census bureau estimates, there are 569,253 housing units in Dallas so one in every 265 properties in Dallas had a foreclosure filing.

Foreclosure activity had an overall year-over-year decrease in the U.S. for Feb. 2018, reaching an all-time low for as far back as ATTOM has data available, which dates back to April 2005. Texas overall had a year-over-year decrease of 12.84 percent in foreclosure filings.

In all, Texas had the sixth highest foreclosure rate in the country, according to ATTOM. In February 2018, there were 3,402 foreclosure filings in the state or one in every 30 properties had a foreclosure filing.

Image via Shutterstock

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