Texas Is Not Like Other States

57% of homes sold in Nevada in 2-1- were foreclosure sales, while Arizona almost hit the 50% mark. Foreclosure sales in Texas represent 13% of the sales. Nationally, the share of foreclosure sales was 26%.
The average foreclosure sales price in Texas was $142,049, which is 27% lower than the average non-foreclosure price. (RealtyTrac)

We have something to be thankful for in Texas.