PropertyShark is out with its January residential foreclosures report, and the findings are dismally familiar: Queens led the city last month in first-time foreclosure auctions scheduled, with 170 out of the city’s 278 total. Manhattan had five and Brooklyn had a dozen. Read More
Above’s a rundown of the city neighborhoods that had the most first-time foreclosure auctions scheduled in the fourth quarter of 2008, according to PropertyShark. (More coverage here.) Read More
PropertyShark‘s out with its latest quarterly New York City foreclosure report, and it shows the continuation of an unsurprising trend: Queens led the city in the last three months of 2008 in the number of first-time foreclosure auctions scheduled.
Queens had 492 of the city’s 764, followed by Staten Island with 133. Read More
There were 258 first-time home foreclosure auctions scheduled in New York City in November, according to the latest foreclosure report released today by PropertyShark. That is a significant decline from the monthly foreclosure totals of recent months, when there were as many as 397.
In fact, the November tally is identical to the Read More
From Crain’s: "The percentage of borrowers in New York City seriously delinquent on their mortgages will nearly double by the end of next year, according to an estimate released today by TransUnion. By the end of 2009, 6.2% of mortgage holders in the city will be at least 60 days behind in their Read More
From Julie Satow at The Daily Beast: "The foreclosure rate in New York has been artificially depressed, thanks to a state law passed in August. The trouble is, that relief has been temporary. As the moratorium lifts, the fear is that foreclosures will spike and the housing market will face even tougher headwinds. Read More
First-time residential foreclosures have increased steadily in New York City, particularly in Queens. But compared to, say, L.A. the picture doesn’t look quite so grim. October stats courtesy of PropertyShark. Read More
Surprise! Queens, with 211, led the boroughs in first-time foreclosures in October, according to the latest report from PropertyShark. It’s an unenviable position Queens has found itself in for months now. Read More
From the Saturday Times: "Existing home sales … rose 5.5 percent in September over the previous month and 1.4 percent over the last 12 months. The national numbers were buoyed mostly by foreclosure sales in the West. The National Association of Realtors, the group that released the numbers on Friday, estimated that 35 Read More
There were 665 new foreclosures in Queens during the third quarter of 2008, according to PropertyShark’s new report (PDF here), which accounted for half of the new foreclosure auctions in New York City and helped push New York’s quarterly foreclosures to a two-year high of 1,118.
In general, first-time foreclosures were higher in Read More