Most Cities are up YoY
According to a Report from Realty Trac, year over year foreclosure activity was up in 65% of all U.S Metro Areas including New York.
A total of 20,504 foreclosure filings on NY area properties were received. This includes notices of default, scheduled auctions and bank repossessions.
Even though filings were up 46% Q3 2010 vs Q3 2009, there was an 8% decrease in Q3 from Q2 this year.
Daren Blomquist, a spokesman for Realty Trac said New York has "avoided the worst of the foreclosure problems and continues to do so" despite the year over year increase in foreclosure activity.
LOCAL REAL ESTATE MARKET DATA, TRENDS, LISTINGS AND INFORMATION. ALL INFORMATION IS BASED ON LOCAL MLS AND WHILE WE BELIEVE THE INFORMATION IS ACCURATE, WE CAN NOT GUARANTEE IT. FOR MORE INFORMATION CALL US AT 917-971-0854
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment