NYC foreclosures rise 19% year over year

By Patrick   follow   Sun, 3 Feb 2013, 9:17am PST   ↑ Like   ↓ Dislike   583 views   3 comments   Watch (0)   Share   Quote  

http://www.nypost.com/p/news/business/ny_ag_gets_as_foreclosures_rise_1EXgYlEH1LDIYe6CSVMADL

While foreclosures nationally fell 3 percent last year, New York City filings climbed 19 percent, or 13,116 properties, according to a new report.

The outer boroughs were the hardest hit, with Queens seeing a 164 percent rise year-over-year and Staten Island rising 19 percent over the same time frame, according to RealtyTrac, which expects another spike this year.

#housing

Comments 1-3 of 3     Last »

Ironman   befriend (0)   ignore (14)   Sun, 3 Feb 2013, 10:42am PST   Like   Dislike (2)     Share   Quote   Comment 1

RECOVERY!!!! FORWARD!!!

Ironman   befriend (0)   ignore (14)   Sun, 3 Feb 2013, 12:01pm PST   Like   Dislike (2)     Share   Quote   Comment 2


The outer boroughs were the hardest hit, with Queens seeing a 164 percent rise year-over-year and Staten Island rising 19 percent over the same time frame, according to RealtyTrac, which expects another spike this year.

Wait until all the walkaways start from all the houses in Staten Island, Brooklyn and Queens that got damaged from Hurricane Sandy kick in.... It will make that 164 percent foreclosure rate look like loose change...

MMR   befriend (5)   ignore (0)   Sun, 3 Feb 2013, 1:13pm PST   Like   Dislike (1)     Share   Quote   Comment 3

When LPS can settle with the State of New York for 1.9 million, given that they earned 290 million on 2.1 billion of revenue, they will continue their behavior for as long as they can possibly get away with it.

Watch comments by email

home   top   share   link sharer   users   register   best comments   about   source code  

#housing   #investing   #politics   #economics   #humor  
please recommend patrick.net to your friends