April 26, 2024 7:48 am
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Foreclosures rise in Houston post Harvey

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Houston’s housing market has been busy in recovery mode following Hurricane Harvey. The devastating storm has left many citizens without housing and no options in Houston. The housing market is running out of options as well.

Prior to Harvey, foreclosures in Houston were up by 67%. The Dallas News reports:

Economists and real estate agents predict that Houston foreclosures will rise as some owners walk away from mortgages on properties that were heavily damaged by flooding and had no insurance.

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.