Tuesday, August 12, 2014

NEW YORK FORECLOSURE STATUS

Last month, RealtyTrac® (www.realtytrac.com), the leading online marketplace for real estate data, today released its Midyear 2014 U.S. Foreclosure Market Report which noted the following regarding New York foreclosures:

1. Lender repossessions ions up 49%

2. Foreclosure actions up 10%

3. The average time to foreclosure decreased 10% to 930 days.

See: http://www.realtytrac.com/content/foreclosure-market-report/june-and-midyear-2014-us-foreclosure-market-report-8111

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