Friday, July 24, 2015

THE TIME LENGTH OF FORECLOSURES - NEW YORK IS NO LONGER THE LONGEST

This is from a RealtyTrac article in April:

"States with the longest average days to complete foreclosure for foreclosures completed in the first quarter were New York (1,475 days), New Jersey (1,115 days), Hawaii (1,058 days), Florida (975 days), and Kansas (963 days)."

But in July, they reported:

"States with the longest foreclosure timelines were New Jersey (1,206), Hawaii (1,060), Montana (1,028), New York (1,000), and Florida (989)."

See http://www.realtytrac.com/news/foreclosure-trends/midyear-2015-foreclosure-market-report/

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