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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