New Ways To Explore Houston’s Foreclosure Bubbles

Partial View of Map from Houston Chronicle Showing Locations of Foreclosures in Houston, 2007

There’s been so much exciting news for dedicated Houston foreclosure gawkers lately. Last month’s HAR redesign added a feature that allows anyone to search current MLS listings for foreclosed properties. And now the Chronicle has put together its own database chronicling foreclosed properties by neighborhood. Plus, the paper includes the handy interactive foreclosure map pictured above, full of dancing bubbles!

A lot of that bubbly makes it look like the foreclosure corks have been popping more frequently in the outside-Beltway-8 neighborhoods, with Katy the big winner. And the map is fun to play with and click on. But don’t miss the more mundane-looking 2007 Neighborhood Foreclosure list, which allows you to sort data on neighborhoods that had 5 or more foreclosures last year, and which spills some fun real-estate secrets . . . like Tremont Tower‘s 97.37 percent foreclosure rate! Bear Creek Meadows‘s 83 foreclosures! And the Memorial Cove Loft Condos’ perfect record: 20 units, 20 foreclosures — in one year! How’d we miss that one?

If you have time to play with these fun tools, and unearth any interesting data, let us know what you find!

4 Comment

  • Does anyone have a good source for commercial property foreclosures?

  • David Gerber,
    I’ve been working with foreclosures in my website with foreclosures for years.
    Take a look at there, maybe you can find what you’re looking for.
    Here’s the link about commercial foreclosures in my website: http://www.foreclosurewarehouse.com/commercial-foreclosures.php

    Hope I have helped!

  • HAR and Chron show foreclosures that have become REOs. In my opinion, the best foreclosure deals are still at the courthouse steps; but, you have to have cash in hand. If you’re looking for deals before the get recycled by HAR consider subscribing to one of the foreclosure listing services like RealtyTrac or others like it.

  • I think the best way to prevent bubbles and foreclosures is knowledge, i recommend everyone should read “how might warren buffett invest in real estate?”, i think its the best way to prevent real estate bubbles and crashes. you can get it at amazon.com