TEXAS – The Texas comptroller has released the latest estimate of statewide property values, which show a 1.3 percent increase from $1.67 trillion in 2010 to $1.69 trillion in 2011. The difference will save the state $300 million to $400 million by reducing its obligation to school districts, according to Joe Wisnoski of Moak Casey [...]

Austin Business Journal -Foreclosure sales accounted for 11.9 percent of all residential sales in Texas in the second quarter, according to a report Thursday from RealtyTrac. Irvine, Calif.-based RealtyTrac said Texas preforeclosure sales decreased nearly 12.3 percent from the 2009 second quarter and were down 0.9 percent from the first quarter of 2010. The Lone [...]