For this weeks Texas Blog Friday we highlight Will Fraklin’s blog, WILLisms, and his post Trivia Tidbit of the Day: Part 929 — Foreclosure Rates Tell A Tale Of Texas’ Awesomeness. His post covers Texas’ continued dominance in this economy and this time he highlights our low mortgage foreclosure rate. This is great news because foreclosure rates are used as an economic indicator to help judge the future success an economy. His post is formated in a way I enjoy too… short and sweet.
Texas Dominates Again-
The Texas mortgage foreclosure rate in April 2011 was roughly half the national rate, and far below the rate in California:
Meanwhile, sales tax collections in Texas were up 11.4% in April, relative to April 2010.
You can read the full post(or whats left of it) by clicking here.