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NYC foreclosures rise 19% year over year

By Patrick (167/167 = 100% civil)   2013 Feb 3, 9:17am   ↑ like   ↓ dislike   702 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

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1   Ironman (115/122 = 94% civil)   2013 Feb 3, 10:42am  ↑ like   ↓ dislike (2)   quote   top   bottom   home   share  

RECOVERY!!!! FORWARD!!!

2   Ironman (115/122 = 94% civil)   2013 Feb 3, 12:01pm  ↑ like   ↓ dislike (2)   quote   top   bottom   home   share  


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...

3   MMR (18/18 = 100% civil)   2013 Feb 3, 1:13pm  ↑ like   ↓ dislike (1)   quote   top   bottom   home   share  

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.

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