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RealtyTrac: New York State total annual and quarterly foreclosures increase, December foreclosures decrease

Jan 15, 2015
In its 2014 year-end foreclosure market report, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac Inc. reported New York State had 47,612 total foreclosure filings in 2014, an increase of 3.72 percent from 2013. With one in every 170 homes receiving a foreclosure filing in 2014, New York State ranked 27 out of all 50 states. 

During the 2014 fourth quarter, New York State had 13,683 total foreclosures, a 9.37-percent increase from the 2014 third quarter and a 21.79-percent increase from the fourth quarter of last year. 

New York State had 4,662 total foreclosures in December 2014, a decrease of 3.36 percent from November, but a 38.46-percent increase from December of 2013.

Foreclosure filings were reported nationally for 1,117,426 properties in 2014, a 17.94-percent decrease from 2013.

To read the entire RealtyTrac press release, click here

For more statistics and trends from RealtyTrac, click here.
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