Our office tracks the number of Austin luxury foreclosures and total Austin foreclosures on a weekly basis. For the past 7 weeks we have seen the number of total Austin foreclosures drop weekly from a high in mid-September of 680 Austin foreclosures to today’s count of 589 Austin foreclosures on the market. That 13% drop puts the number of Austin foreclosures back to mid-June levels and might be an indication that we’ve either seen the bottom of the Austin foreclosure boom or at least seeing a temporary re-bound. You can get a list of all the Austin foreclosures available for sale here.
