Home foreclosures increase in Brownsville.

By Mark Nino - Web Master
Saturday, February 6, 2010 - 2:13pm

The recession has made its effects in the foreclosures in the Brownsville and Harlingen area.

A new housing report released on Thursday, from First American Corelogic, indicates that foreclosure rates in the area are on the rise. In December of 2008 the foreclosure rate was .93% compared to December of 2009 was at 1.60%, which was an increase of .67%. Last year the numbers on foreclosures started creeping up slowly, as the recession began to take it's toll.

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