U. S.  foreclosures are down for the 2nd consecutive month, reaching a 5-year LOW.  According to Realty Trac foreclosure filings across the county in September are down7% from the previous month.  That’s 16% lower than a year ago September.  Real Estate Center Research Economist Dr. Jim Gaines noted that the drop was driven primarily by declines in several large non-judical foreclosure states, including California, Georgia, Texas, Arizona & Michigan.  TEXAS WAS DOWN 17% IN SEPTEMBER.